Nationwide strikes erupt in Israel amid cease-fire deal protests

Nationwide strikes erupt in Israel amid cease-fire deal protests

Demonstrators lift flags and placards during a protest calling for the release of Israelis held hostage by Palestinian militants in Gaza since October, in Tel Aviv on August 31, 2024, amid the ongoing conflict in the Gaza Strip between Israel and the Palestinian militant Hamas movement. (Photo by Jack GUEZ / AFP) (Photo by JACK … Read more

A new MIT study shows flying gets safer by the decade

A new MIT study shows flying gets safer by the decade

Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft itself.    One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly … Read more

China stock market turnaround hinges on stimulus: KraneShares CIO

China stock market turnaround hinges on stimulus: KraneShares CIO

China’s slow post-Covid recovery could be a lasting headwind for its stock market. With the mainland’s two largest indexes — the Shanghai Composite and the Shenzhen Composite — each negative so far in 2024, KraneShares Chief Investment Officer Brendan Ahern thinks government stimulus is necessary to kick-start the country’s stock market performance. “Investors, particularly in … Read more

Rail workers union launches legal challenge to binding arbitration order

Rail workers union launches legal challenge to binding arbitration order

The union representing thousands of railroaders has appealed the moves that ended the rail shutdown last week — a work stoppage that halted freight and commuter traffic across the country. In filings to the Federal Court of Appeal, the Teamsters union challenged directives for binding arbitration issued to a labour board by federal Labour Minister … Read more

Visitors can no longer apply for work permits while in Canada – National

Visitors can no longer apply for work permits while in Canada – National

Visitors coming to Canada can no longer apply for work permits during their stay as the federal government tightens its rules for foreign workers amid abuse concerns. On Wednesday, Immigration, Refugees and Citizenship Canada (IRCC) ended the COVID-19-era policy that was introduced to help visitors who couldn’t leave the country due to pandemic-related travel restrictions. … Read more

Fed’s favorite inflation indicator increased 0.2% in July, as expected

Fed’s favorite inflation indicator increased 0.2% in July, as expected

Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years. The Commerce Department reported Friday that the personal consumption expenditures price index rose 0.2% on the month and was up 2.5% from the same … Read more

How data centers became billion dollar real estate investment

How data centers became billion dollar real estate investment

The U.S. is home to the majority of the world’s data centers, with more than 2,800. The closest nation after that is the United Kingdom, with less than 400, according to the Data Center Map. Data centers are the physical vertebrae of internet infrastructure, supporting cloud computing capabilities and artificial intelligence. The value of the … Read more

German inflation posts surprise drop to 2% in August

German inflation posts surprise drop to 2% in August

Women with KaDeWe carrier bags walk past the entrance to the Kaufhaus des Westens department store.  Jörg Carstensen | Picture Alliance | Getty Images The harmonized German consumer price index eased to 2% in August, coming in lower than analysts had expected, preliminary data from the country’s statistics office Destatis said Thursday. A Reuters poll … Read more

Australians now have a right to disconnect from work. Will Canada follow? – National

Australians now have a right to disconnect from work. Will Canada follow? – National

Australian workers now have the legal right to ignore their bosses after work hours, as a new “right to disconnect” law has come into effect Down Under. Some experts say Canada should hurry up on a proposal to follow suit. The new rule, which came into force Monday, means employees cannot be punished for refusing … Read more