Latest News

E-bike craze in high gear at CES gadget fest
E-bike craze in high gear at CES gadget fest
Economy
by  AFP

Electric bicycle makers at CES touted slick features like ChatGPT as they rode a trend of people wanting to enjoy a breeze in their face without sweat on their brow. People wanted the convenience and cost-savings of getting around cities by bicycle, and were averse to public transport given Covid concerns, Ren said.

Biden sells economic strength, but voters aren't buying yet
Biden sells economic strength, but voters aren't buying yet
Economy
by  AFP

US President Joe Biden has good news to sell on the economy as he seeks reelection in November -- but voters don't seem to be buying it. Biden's confidence that the economy would woo voters saw the White House last year rebrand his policies "Bidenomics" as they tried to sell the good news to voters last year.

2023 inflation tops 211 percent in economic crisis-torn Argentina
2023 inflation tops 211 percent in economic crisis-torn Argentina
Economy
by  AFP

Argentina's annual inflation surged beyond 200 percent in 2023, the statistics agency said Thursday, as the country grapples with an economic crisis new President Javier Milei has vowed to address by slashing state spending. Milei has warned the country is on the brink of hyperinflation, and said economic "shock" treatment was the only solution.

US opens safety probe into Boeing after Alaska Airlines incident
US opens safety probe into Boeing after Alaska Airlines incident
Economy
by  AFP

The US Federal Aviation Administration (FAA) announced Thursday it is launching a safety probe into Boeing following last week's near-catastrophic incident on an Alaska Airlines-operated 737 MAX. "This incident should have never happened and it cannot happen again," the FAA said in a statement, after a panel known as a "door plug" blew out of the plane over the western US state of Oregon.