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US Fed's favored inflation gauge cooled slightly in January
US Fed's favored inflation gauge cooled slightly in January
Business and Economy
by  AFP

The Federal Reserve's preferred inflation measure cooled slightly in January, according to government data published Friday, although it remained stuck above the bank's long-term target. While inflation has remained stuck above the bank's long-term two percent target, economic growth has remained robust, and the labor market has stayed healthy, with unemployment hugging close to historic lows.

England allows wild beaver releases in 'milestone' for UK nature
England allows wild beaver releases in 'milestone' for UK nature
Business and Economy
by  AFP

Beavers will soon be released into waterways in England under a new scheme launched on Friday, signalling a return to the wild for an animal once hunted to extinction. Each project would need to supply a 10-year plan to support the animals' return to the wild, while the government has also promised help for farmers who make space for beavers on their land.