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Wholesale inflation jumped last month by most in four years as gas prices soared13:48 Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for Republicans in the midterm elections Taiwan chipmaker TSMC explores Texas investment to expand production in the US13:48 Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand chip production in the U.S. The company says it is open to collaborating with Elon Musk’s planned “Terafab” chip manufacturing complex in Texas Brazil's Senate approves a shorter workweek in major win for Lula ahead of runoff13:48 Brazil’s Senate has approved a constitutional amendment to reduce the maximum workweek from 44 to 40 hours without cutting salaries IMF chief urges wealthy nations to rein in debt to ease global economic pressure2:06 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 month2:06 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 pipelines2:06 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 GlobalFoundries to open 2 new chip plants in NY with $21B in financing from Japan2:06 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 Ethiopia sets up Tigray caretaker government as ex-fighters seek return to civilian life20:49 Ethiopia's government has set up a six-month caretaker administration for Tigray following renewed fighting in the region Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory16.října 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’15.října 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.15.října Federal health officials are moving ahead with plans to broaden access to a class of unproven injectable drugs called peptides |