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19879 articles published since 08 Mar 2022

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US Supreme Court upholds law banning TikTok
US Supreme Court upholds law banning TikTok
Business and Economy

The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170 million users in two days. The Supreme Court last week heard arguments from the company, ByteDance, that the law should be stopped because it was a violation of free speech.

IMF raises global growth outlook and flags rising economic divergence
IMF raises global growth outlook and flags rising economic divergence
Business and Economy

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries. The Fund left its outlook for growth in Japan unchanged this year and next, and slightly increased its outlook for the United Kingdom in 2025.

Trump's economic plans could cause inflation: IMF chief economist
Trump's economic plans could cause inflation: IMF chief economist
Business and Economy

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House. Other proposals the president-elect has floated, such as cutting red tape and taxes, could also fuel inflation by boosting demand, he added.

'No money': gloom on Beijing streets as economic growth slows
'No money': gloom on Beijing streets as economic growth slows
Business and Economy

Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth in decades. "For us who do business, it's obvious that there are much fewer customers coming to our store, and customers' consumption levels don't compare to before," Yang said.

Apple sidelines AI news summaries due to errors
Apple sidelines AI news summaries due to errors
Business and Economy

Apple pushed out a software update on Thursday which disabled news headlines and summaries generated using artificial intelligence that were lambasted for getting facts wrong. Apple's decision to temporarily disable the recently launched AI feature comes after the BBC and other news organizations complained that users were getting mistake-riddled or outright wrong headlines or news summary alerts.

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