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GlobalFoundries to open 2 new chip plants in NY with $21B in financing from Japan10:11 Semiconductor contract manufacturing and design company GlobalFoundries Inc. says it plans to open two chip-making factories in Malta, New York, financed by an investment of up to $21 billion from Japan IMF chief urges wealthy nations to rein in debt to ease global economic pressure10:11 The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries More expensive gas, semiconductors likely pushed up inflation last month10:11 U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections A former Ukrainian officer goes on trial over sabotage of Nord Stream pipelines10:11 Defense lawyers for a former Ukrainian army officer charged with damaging the Nord Stream gas pipelines in blasts four years ago have called for the dismissal of charges in the first day of his trial Public Media Co’s bridge fund for nonprofit radio stations turns from rescue to reinvention10:11 Public Media Co. celebrated its 25th anniversary with a $10 million donation from the Knight Foundation Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory8:03 No commercial goods are entering the Gaza Strip, Israeli authorities said, attributing the suspension to local vendors they said are fed up with Hamas raising taxes on them Canada’s Prime Minister Mark Carney says Alberta separation vote comes at ‘worst time’22:30 Canadian Prime Minister Mark Carney campaigned for national unity in oil-rich Alberta as advance voting was underway in a referendum that could set the province on a path toward a future vote on separation from Canada Trump administration advances plan for peptide drugs favored by RFK Jr.21:58 Federal health officials are moving ahead with plans to broaden access to a class of unproven injectable drugs called peptides New Medicare season begins, but some shifts will arrive in 202721:26 Open enrollment for Medicare plans begins Thursday, allowing people to choose between traditional Medicare and Medicare Advantage plans until Dec. 7 US consumers are muscling through higher prices, but for how long?20:22 High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years19:18 Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years |