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Tennessee VW workers hold key unionization vote
Volkswagen employees in Tennessee will begin casting ballots Wednesday in a vote that could make theirs the first foreign carmaker to unionize in the American South, expanding gains made by organized labor in the auto heartland of Detroit.
Digital 'sleuths' fuel misinformation after Iran strikes
Terrified onlookers crouch behind a wall as lights streak across the night sky in what self-proclaimed digital investigators claimed was footage of Iranian drones over Israel.
Tech venture capital titan Andreessen Horowitz raises $7.2 bn
Silicon Valley venture capital star Andreessen Horowitz said Tuesday it had raised $7.2 billion to invest in startups behind games, apps, artificial intelligence and more. Other "strategies" targeted for investment were apps, games, "American Dynamism," and tech "infrastructure" including artificial intelligence (AI).
'We are not Fed-dependent,' ECB chief says on rate cuts
European Central Bank president Christine Lagarde suggested Tuesday that the regulator could lower interest rates before a similar move by the US Federal Reserve, saying "we are not Fed-dependent." "It's on that basis that we have to make our decision and not on the basis of any central bank in the world, be it the Fed."
Canada budget woos young voters, asks rich to pay more
The government of Canadian Prime Minister Justin Trudeau on Tuesday unveiled a federal budget that seeks to woo young voters while asking the wealthy to pay higher taxes. "Today, it is possible for a carpenter or a nurse to pay tax at a higher marginal rate than a multi-millionaire," Freeland told lawmakers.
Canada budget forecasts 'soft landing' in 2024, avoiding recession
Canada is expecting a "soft landing" this year and will avoid a recession due to slightly improved growth despite relatively high interest rates weighing on the economy, the government's federal budget said Tuesday.
US Fed's Powell says inflation fight may take 'longer than expected'
The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said Tuesday, further paring back the chances of early rate cuts. In March, Fed policymakers penciled in three rate cuts for this year, leading markets to price in the first of them as early as June.
Trump media group plans TV streaming platform
Donald Trump's media group said Tuesday it will launch a streaming television platform, but its shares continued to tumble on Wall Street. After a winning debut on Wall Street last month, Trump Media and Technology Group shares have suffered a bruising retreat, denting the Republican candidate's wealth.
Yellen says US set to tighten sanctions on Iran soon
US Treasury Secretary Janet Yellen warned Tuesday of further sanctions targeting Iran following its unprecedented attack on Israel over the weekend, saying she expects Washington will take added action "in the coming days."
AFP
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