Latest News

Fed chief says more rate hikes likely but at slower pace
Fed chief says more rate hikes likely but at slower pace
Business and Economy
by  AFP

The US Federal Reserve expects to keep raising interest rates but at a slower pace, Fed chair Jerome Powell told a congressional hearing Wednesday. "Nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year," Powell said on Wednesday.

US approves lab-grown chicken for sale
US approves lab-grown chicken for sale
Business and Economy
by  AFP

The United States has granted its first ever approvals to two companies to sell chicken grown directly from animal cells, paving the way for lab-grown meat to be eaten by consumers. Perhaps not - Lab-grown meat involves first harvesting cells from a living animal or a fertilized egg, to establish a cell bank that can be kept for decades in deep freeze.