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13876 articles published since 08 Mar 2022

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US unemployment ticks down as hiring accelerates
US unemployment ticks down as hiring accelerates
Economy

The United States saw its jobless rate edge down in November while hiring rose more than expected, government data showed Friday, as policymakers mull the need for further efforts to cool the economy. Rubeela Farooqi, chief US economist at High Frequency Economics, said she continues to expect a cooling in the labor market as the effect of higher interest rates flows through the economy.

Krispy Kreme doughnuts, the latest US chain to try its luck in France
Krispy Kreme doughnuts, the latest US chain to try its luck in France
Economy

US doughnut chain Krispy Kreme has opened its first shop in Paris, hoping to follow in the footsteps of other American fast-food franchises have won over the French in recent years. Krispy Kreme can count on some devoted followers such as David Mitrani, a 33-year-old accountant who discovered the brand abroad and was at the Paris store opening.

Stock markets mostly rise before US jobs
Stock markets mostly rise before US jobs
Economy

Stock markets mostly gained and the dollar firmed Friday before the release of key US jobs data, but Tokyo was knocked by the yen's recent rally. Tokyo dropped more than one percent, however, as the yen continued to rise against the dollar, hurting exporters.

Spain finance chief Calvino to head EU's lending arm
Spain finance chief Calvino to head EU's lending arm
Economy

Spain's Economy Minister Nadia Calvino, the newly-named European Investment Bank (EIB) chief, is a politician who is well-versed in EU lore and a pragmatist with experience of navigating power struggles. Her political career began in 2018 when Sanchez, who was recently sworn in as premier, named her his economy minister as well as one of his deputy prime ministers.

Learn to forget? How to rein in a rogue chatbot
Learn to forget? How to rein in a rogue chatbot
Technology

When Australian politician Brian Hood noticed ChatGPT was telling people he was a convicted criminal, he took the old-fashioned route and threatened legal action against the AI chatbot's maker, OpenAI. His case raised a potentially huge problem with such AI programs: what happens when they get stuff wrong in a way that causes real-world harm?

Fashion world descends on UK's Manchester in Chanel show
Fashion world descends on UK's Manchester in Chanel show
Economy

Scintillating colours and celebrities lit up a gloomy Manchester on Thursday as the British city famous for its past textile industry flaunted the latest fashion in a prestigious Chanel show. Having a Chanel show here is amazing for the city," added Emma Kara, who lives in the region. ctx/imm/md

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