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US jobless claim applications fell by 13,000 last week as layoffs remain low15:34 U.S. applications for unemployment benefits fell by 13,000 last week, remaining in the same historically healthy range of the past few years even as concerns grow about the health of the labor market The Bank of England cuts its key interest rate from 4% to 3.75%13:57 The Bank of England has cut its key interest rate for the first time in four months amid signs the stubbornly high inflation that has plagued British consumers and businesses is beginning to ease Farmers block roads in Brussels to protest South American free-trade deal10:44 Farmers in tractors have blocked roads and set off fireworks in Brussels outside a European Union leaders’ summit Some sanctioned oil vessels divert from Venezuela as Trump threatens blockade9:08 Some oil vessels are diverting away from Venezuela after U.S. President Donald Trump threatened a “blockade” of sanctioned oil tankers entering or leaving the South American country India accelerates free trade agreements to counter US tariffs and expand exports8:37 India is accelerating efforts to finalize several free trade agreements to counter U.S. import tariffs and expand export destinations Asian shares follow Wall Street lower as AI worries drag tech stocks lower8:37 Asian shares are mostly lower after declines for AI stocks dragged the U.S. market to its worst day in nearly a month FCC leader Brendan Carr to face Senate questioning for first time since Kimmel controversy1:10 Federal Communications Commission Chairman Brendan Carr is set to testify before lawmakers for the first time since pressuring broadcasters over late-night host Jimmy Kimmel Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans1:10 Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles Big retailers didn't pull ByHeart baby formula fast enough after botulism recall, FDA says1:10 The U.S. Food and Drug Administration sent warning letters to four top retail stores for failing to promptly pull contaminated infant formula tied to a dangerous outbreak from their shelves Serbia organized crime prosecutors charge minister, others in connection with Kushner-linked project1:10 Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner Postal service plans to open last-mile delivery network to more shippers in money-raising move22:31 The U.S. Postal Service says it intends to open its “last-mile” delivery network to large and small shippers, expanding beyond current arrangements with giants such as Amazon and UPS Senate approves bill inspired by DC plane crash to ensure military aircraft will broadcast location21:28 The Senate has moved quickly to close a loophole that could allow military aircraft to fly without broadcasting their locations, just like an Army helicopter was doing last January before it collided with an airliner over Washington, D.C., killing 67 p... |