Author: IA PressRoom

The CBI business lobby group was hit with a new threat to its future on Sunday as its rival, the British Chambers of Commerce, created a new grouping in a bold move to become the voice of the UK’s most prominent companies. BP and Heathrow are among the companies that have joined the newly formed business council, which the BCC said was part of a “new national offer to businesses”. Power-generation group Drax and hotel group IHG have also signed up as founding members of the council, which the BCC said would aim “to design and drive the future of the…

© Reuters. FILE PHOTO: A passerby walks past an electric monitor displaying various countries’ stock price index outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato/File Photo By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set for a strong start on Monday, extending last week’s upward momentum and rising risk appetite on growing hopes the U.S. economy is headed for a ‘soft landing’ after Congress’s approval last week of a debt ceiling deal that averts U.S. default. Regional and global markets on Friday chalked up solid…

Sixteen migrants from Venezuela and Colombia were abruptly flown on a private chartered jet to California and dropped off outside a Catholic church building in Sacramento on Friday, state officials said, prompting an investigation into whether they were transported from outside a Texas migrant center under false pretenses.While it remained unclear on Sunday who had approached the group of migrants outside El Paso and orchestrated their flight from New Mexico to California, the episode mirrored an aggressive tactic used by hard-line Republican governors to protest President Biden’s immigration policies by dispatching dozens of migrants to Democratic-led states and cities with…

Douglas Rissing The May jobs report isn’t making the Federal Reserve’s June policy decision any easier. Several Federal Reserve officials have said they’re leaning toward not hiking rates at the meeting to allow them more time to assess the impacts of the 5 percentage points of rate hikes they already implemented. A couple are more inclined to vote for another 25-basis-point rate hike. Then the May jobs report gave off mixed signals, with the number of jobs added coming in hotter than expected, while the unemployment rate increased to 3.7% from 3.4% in April. As of Friday, markets were still…

OpenAI’s ChatGPT has drawn users at a feverish pace and spurred Big Tech to release other AI chatbots. The paid version, ChatGPT Plus, is rolling out updated features including web-browsing and plug-ins. If you haven’t followed the GPT craze, here’s how it works — and what’s next. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Since OpenAI released its blockbuster bot ChatGPT in November, users have casually experimented with the tool, with even Insider reporters trying to simulate news stories or use it to…

© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) sits for debt limit talks with U.S. President Joe Biden in the Oval Office at the White House in Washington, U.S., May 22, 2023. REUTERS/Leah Millis By David Lawder WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy on Sunday lauded the debt ceiling deal he negotiated with Democratic President Joe Biden, but a prominent House conservative warned that McCarthy has “credibility issues” that may prompt some Republicans to seek his ouster as the top Republican in Congress. Representative Ken Buck, a member of the far-right House Freedom Caucus, said…

An abbey in rural Missouri has become the site of pilgrimage for many Catholics who view the body of a Benedictine nun as a modern American miracle.Sister Wilhelmina Lancaster died in May 2019, but when her body was exhumed earlier this year she was discovered to be apparently uncorrupted – showing little decomposition – an indication of sanctity to Catholics if confirmed.Thousands of devoted Catholics have flocked to the Gower, Missouri, abbey where they say a “modern-day miracle” has taken place.”It is a modern-day miracle,” Dale Bauermeister, a Catholic convert from Nebraska, told Fox News Digital at the abbey last weekend.…

I am married, but we are both different people, and I get the feeling my husband doesn’t even like me. He’s too tired to leave, and we don’t have anything but bills. He doesn’t have a driver’s license, and he won’t even go to court to pay his fines and get it back. He’s content with living paycheck to paycheck.  I’d like to be able to leave my girls something. Unlike our parents, we’ve always struggled except for the beginning of our marriage when he was making $70,000 a year. Now, he doesn’t make half of that. I was working…

A debt ceiling deal surprisingly green-lit the Mountain Valley Pipeline. A trader bought 100,000 call options on the pipeline’s owner days before that was announced. The identity of the mystery trader is unknown, and some think it’s an insider trading concern. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app As part of the debt ceiling deal, one surprise concession that made it into the bill was the approval of the Mountain Valley Pipeline, a 304-mile natural gas connection from northwest West Virginia to southern…

Hollywood studios have reached a tentative contract deal with the union representing directors, easing fears of a shutdown as the industry contends with a writers strike and prepares to enter labour negotiations with screen actors. The Directors Guild of America said it had reached agreement with the Hollywood studios early on Sunday over some of the most contentious issues facing the industry, including streaming royalties and protecting jobs from advances in artificial intelligence. “We have concluded a truly historic deal,” said Jon Avnet, chair of the DGA’s negotiations committee. The agreement secured a “substantial increase” in royalties for dramatic programmes on streaming services,…