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US and China Fight for Supremacy in 5G Technology

Many experts predict that the emerging 5G wireless technology will revolutionize the world’s economy. They say it holds the key to a smarter, more efficient, more connected and much wealthier world. But a recent congressional report outlines how China plans to use the transition to 5G and its access to …

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OPEC, Russia Move Closer to Cutting Oil Output

OPEC and Russia moved closer on Wednesday to agreeing cuts in oil production from next year despite pressure from U.S. President Donald Trump to reduce the price of crude. OPEC meets on Thursday in Vienna, followed by talks with allies such as Russia on Friday. OPEC’s de facto leader, Saudi …

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OPEC, Russia Move Closer to Cutting Oil Output

OPEC and Russia moved closer on Wednesday to agreeing cuts in oil production from next year despite pressure from U.S. President Donald Trump to reduce the price of crude. OPEC meets on Thursday in Vienna, followed by talks with allies such as Russia on Friday. OPEC’s de facto leader, Saudi …

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EU Steps Up Fight Against ‘Fake News’ Ahead of Elections

European Union authorities want internet companies including Google, Facebook and Twitter to file monthly reports on their progress eradicating “fake news” campaigns from their platforms ahead of elections next year. Officials from the EU’s executive Commission unveiled the measures Wednesday as part of an action plan to counter disinformation in …

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EU Steps Up Fight Against ‘Fake News’ Ahead of Elections

European Union authorities want internet companies including Google, Facebook and Twitter to file monthly reports on their progress eradicating “fake news” campaigns from their platforms ahead of elections next year. Officials from the EU’s executive Commission unveiled the measures Wednesday as part of an action plan to counter disinformation in …

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UK Releases Facebook Emails About Data Privacy

The British Parliament has released some 250 pages worth of documents that show Facebook considered charging developers for data access. Parliament’s media committee seized confidential Facebook documents from the developer of a now-defunct bikini photo searching app as part of its investigation into fake news. The documents show internal discussions …

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UK Releases Facebook Emails About Data Privacy

The British Parliament has released some 250 pages worth of documents that show Facebook considered charging developers for data access. Parliament’s media committee seized confidential Facebook documents from the developer of a now-defunct bikini photo searching app as part of its investigation into fake news. The documents show internal discussions …

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US Coal Consumption Drops to Lowest Level Since 1979

Americans are consuming less coal in 2018 than at any time since Jimmy Carter’s presidency, a federal report said Tuesday, as cheap natural gas and other rival sources of energy frustrate the Trump administration’s pledges to revive the U.S. coal industry. A report by the U.S. Energy Information Administration projected …

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US Coal Consumption Drops to Lowest Level Since 1979

Americans are consuming less coal in 2018 than at any time since Jimmy Carter’s presidency, a federal report said Tuesday, as cheap natural gas and other rival sources of energy frustrate the Trump administration’s pledges to revive the U.S. coal industry. A report by the U.S. Energy Information Administration projected …

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Economic Reforms Offer Scant Relief in Tripoli

After a month strolling the gold market in Libya’s capital, retired public servant Milud Farhat was unable to find any jewelry he could afford for his daughter’s wedding.    The 60-year-old is typical of Libya’s once well-to-do middle class, impoverished by high inflation and devaluation during years of conflict in what used to be …

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Economic Reforms Offer Scant Relief in Tripoli

After a month strolling the gold market in Libya’s capital, retired public servant Milud Farhat was unable to find any jewelry he could afford for his daughter’s wedding.    The 60-year-old is typical of Libya’s once well-to-do middle class, impoverished by high inflation and devaluation during years of conflict in what used to be …

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Fed Chairman Powell Says Economic Challenges Remain

Federal Reserve Chairman Jerome Powell said Monday that despite solid economic progress, the country still faces a number of challenges ranging from slow wage-growth for lower-income workers to sluggish productivity and an aging population.   Powell said in remarks at a Fed award ceremony that these challenges remain even though …

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