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US Fed Chief Backs Gradual Rise in Rates

Despite concerns about low inflation in the United States, the head of the U.S. central bank says raising interest rates gradually would be the most appropriate policy stance for the Federal Reserve. “It would be imprudent to keep monetary policy on hold until inflation is back to two percent,” Fed Chair …

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Brazil to Reinstate Protection for Amazon Reserve

Brazil will reinstate a mining ban in a vast area of the Amazon rainforest, the government announced on Monday, in an about-face that is a victory for environmentalists who feared deforestation. The Mines and Energy Ministry said in a statement that President Michel Temer’s administration had decided to revoke an …

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Uber Boss Apologizes for ‘Mistakes’ in London

Uber’s chief executive apologized for “mistakes we have made,” but says he still plans to appeal London’s decision to revoke the ride-hailing app’s license to operate in the city. “While Uber had revolutionized the way people move in cities around the world, it is equally true that we have got …

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US Launches Spy Satellite From California

A spy satellite for the U.S. National Reconnaissance Office has been launched from Vandenberg Air Force Base in California. A United Launch Alliance Atlas 5 rocket carrying the classified NROL-42 satellite lifted off at 10:49 p.m. PDT Saturday. All systems were going well when the launch webcast concluded about three …

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Tech Under Scrutiny in Russian Investigation

The tech industry pitches itself as a force for good, connecting the world and helping information flow freely. But Silicon Valley is under increasing scrutiny with reports that people in Russia were able to use these services to target and influence U.S. public sentiment. At TechCrunch Disrupt, a big tech …

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Next Round of NAFTA Talks Take on Thornier Issues

The United States will present new proposals and begin to weigh into thornier issues of the North American Free Trade Agreement in the third round of negotiations starting in Ottawa Saturday, U.S. chief negotiator John Melle said Thursday. The stepped-up negotiations come with four more rounds of talks left after …

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Iraqis Track Abandoned Homes With Digital Tools

In camps across northern Iraq, people forced from their homes by Islamic State militants are using their phones to track what is happening to their properties, according to researchers who say returning home is crucial for building a safe future in the war-torn nation. More than three million Iraqis have …

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