Business and Economy

Business and Economy Latest News

US Fed's preferred inflation measure edges down in August
US Fed's preferred inflation measure edges down in August
by  AFP

An inflation metric closely watched by the US Federal Reserve crept lower Friday, according to government data, supporting the central bank's decision earlier this month to begin cutting interest rates -- ahead of November's presidential election. "We think the data show enough progress on key inflation metrics for policymakers to continue cutting rates," the economists added.

Ireland fines Meta 91 mn euros over EU data breach
Ireland fines Meta 91 mn euros over EU data breach
by  AFP

An Irish regulator helping to police European Union data privacy said Friday it had fined Facebook-owner Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users' password data and for taking too long to alert the regulator over the issue.

Stranded cruise ship passengers bid bitter-sweet farewell to Belfast
Stranded cruise ship passengers bid bitter-sweet farewell to Belfast
by  AFP

A luxury round-the-world cruise ship beset with technical delays and docked in rainy Belfast since May is finally set to depart, prompting mixed emotions among its passengers. - Delays - Passengers are able to either buy or rent long-term cabins on the so-called "residential" cruise ship, with the promise of unlimited voyages around the globe.

Energy

Money

Industry

Technology

Economy