The last leg of inflation fight remains tough

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC.  Drew Angerer | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international … Read more

Apple Could Be the First Target of Europe’s Tough New Tech Law

Europe changed the rules of the internet this week when the Digital Markets Act took effect, holding the biggest tech companies to tough new standards. Now the world is waiting to see which giant will be first to fall foul of the law. One of the architects of the DMA says Apple is a strong … Read more

The UK economic outlook is bleak, think tanks warn, with tough choices for the next government

LONDON — Leading British economic think tanks warned Thursday that whoever wins the general election expected this year will face some very tough choices on tax and spending if they want to make sure the public finances don’t deteriorate further. After number-crunching Wednesday’s budget statement from Treasury chief Jeremy Hunt, which reduced a tax paid … Read more

‘Sugar’ trailer teases tough PI Colin Farrell on the hunt for a missing woman

James Bond meets Taken in the trailer for Sugar, a Colin Farrell-led series about a private investigator trying to find the missing granddaughter of a Hollywood producer. The trailer is a mixture of brutal violence and sun-bleached, dog-accompanied cruising around California, with Farrell alternating between suave and suited and bloodied and beaten at various points. … Read more

Senate approves Ukraine aid, but bill faces tough path through House

Ukraine sympathizers fly a Ukrainian flag outside as the Senate works through the weekend on a $95.3 billion foreign aid bill with assistance for Ukraine and Israel at the U.S. Capitol on February 11, 2024 in Washington, DC.  Roberto Schmidt | Getty Images The U.S. Senate voted early Tuesday to approve a $95 billion aid … Read more

Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images DUBAI, United Arab Emirates — The head of the International Monetary Fund warned the Russian economy is still facing significant head winds despite receiving a … Read more

Meta’s not happy with its bill for enforcing the EU’s tough new DSA

Meta is challenging a fee it must pay EU regulators tasked with enforcing tough new content moderation rules required by the Digital Services Act (DSA), Reuters reports. Although the fee is capped at 0.05 percent of a company’s profits, Meta isn’t happy that loss-making companies won’t have to pay while it’s on the hook for … Read more

“They weren’t easy opponents” – Denice Zamboanga recalls back-to-back victories over tough foes Lin Heqin, Julie Mezabarba

27-year-old Filipina atomweight MMA sensation ‘The Menace’ Denice Zamboanga is getting ready for the biggest fight of her professional career thus far. But the Quezon City, Philippines native says her two most recent victories have more than prepared her for the challenge that lies ahead. Zamboanga put together an impressive performance against highly regarded Chinese … Read more

Failed JetBlue buyout leaves Spirit Airlines with a tough path forward

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines is on shaky footing after JetBlue Airways’ proposed $3.8 billion takeover of the budget carrier was blocked by a federal judge this … Read more

Meralco coach Luigi Trillo lauds Phoenix after tough battle

Meralco Bolts’ coach Luigi Trillo. –MARLO CUETO/INQUIRER.net MANILA, Philippines—There was nothing easy about how Meralco escaped Phoenix to force a do-or-die game for a spot in the PBA Commissioner’s Cup semifinals. Coach Luigi Trillo acknowledged the a big part of the Bolts’ struggle came at the hands of the Fuel Masters’ “three musketeers,” which consisted … Read more