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Who Will Be the Next Fed Chief?

President Trump says he is “very close” to picking a person for the most important economic post in the country: the head of the US Federal Reserve. Current Chair Janet Yellen, whose term expires early next year, is one of at least five candidates under consideration. Regardless of the president’s …

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Trump Ponders New Head for Federal Reserve

President Donald Trump says he is “very close” to picking a person for the most important economic post in the United States, the head of the Federal Reserve. Current Chair Janet Yellen’s term expires early next year and she is one of at least five candidates for the job. Besides …

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Twitter Surprises With Third Quarter Earnings

Twitter is reporting a loss of $21.1 million in its third quarter, but turned in a better-than-expected profit when one-time charges and benefits are removed.   Shares of Twitter Inc. soared almost 9 percent before the opening bell Thursday.   The San Francisco company had a loss of 3 cents, …

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Trump Orders Test Program for More Drones

U.S. President Donald Trump Wednesday ordered the Transportation Department to launch a test program to increase the number of drones for commercial and civil use. “The program will help tackle the most significant challenges in integrating drones into the national airspace while reducing risks to public safety and security,” the …

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Companies in Ukraine, Russia Come Under New Cyberattack

A new strain of malicious software has paralyzed computers at a Ukrainian airport, the Ukrainian capital’s subway and at some independent Russian media.   The Odessa international airport in Ukraine’s south, the Kyiv subway and prominent Russian media outlets such as Interfax and Fontanka on Tuesday reported being targeted.   …

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China Turning Pakistan Port Into Regional Giant

An unprecedented Chinese financial and construction effort is rapidly developing Pakistan’s strategically located Arabian Sea port of Gwadar into one of the world’s largest transit and transshipment cargo facilities. The deep water port lies at the convergence of three of the most commercially important regions of the world, the oil-rich …

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US Workforce to Add 11.5 Million Jobs by 2026

The U.S. economy is expected add another 11.5 million jobs by 2026, as an aging population and longer life spans raise the need for health care providers. The total U.S. workforce is expected to grow to 167.6 million people. Tuesday’s projections come from the U.S. Bureau of Labor Statistics, which …

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High Rise Buildings Can Be Earthquake-Proof

After a deadly earthquake in 1985, authorities in Mexico City decided they must start constructing houses that can withstand strong shakes. Government buildings, hospitals and schools are now built according to stricter rules, while architects are pushing for their application to other structures too, especially high rise apartment buildings. VOA’s …

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Facebook Tests Splitting Its News Feed Into Two

Facebook Inc said on Monday it was testing the idea of dividing its News F eed in two, separating commercial posts from personal news in a move that could lead some businesses to increase advertising. The Facebook News Feed, the centerpiece of the world’s largest social network service, is a …

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Pay-by-Minute Electric Cars

Electric cars are steadily gaining ground in the global auto market, but it’s a slow process. Along with their high price, one of the main reasons for the consumers’ reluctance is the scarcity of infrastructure needed for charging the cars’ batteries. VOA’s George Putic looks at efforts to remove one …

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Electric Vehicles Poised to Go Mainstream

The bumper sticker on the back of Scott Wilson’s car reads, “This is what the end of gasoline looks like.” And what does that car look like? A sleek, sci-fi experimental vehicle? A $100,000 Tesla luxury car?  Nope. It’s just a Kia Soul EV, the battery-powered version of the Korean …

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