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An unhappy mix of slow growth and rising prices, the Bank suggests. Kevin Peachey, the cost of living correspondent, notes that the Bank of England expects the sluggish growth to last longer than previously predicted. Additionally, the expectation of rising gas prices is likely to drive inflation, creating an unhappy mix for the chancellor to […]

Trump’s executive order ending de minimis shipments hurts Shein and Temu. The companies have prepared for changes by fulfilling more orders locally in recent years. Experts say Shein and Temu’s success relies on low prices, not de minimis shipments. Shein and Temu won’t meet an untimely end because of de minimis changes, e-commerce experts say. […]

Google has become the latest big US firm to scrap its goals to recruit more workers from underrepresented groups, BBC News understands. The decision to abandon the diversity, equity, and inclusion (DEI) recruitment targets comes after the company carried out an annual review of its corporate policies. Google is also reviewing some of its other […]

The Japanese automakers in December signed a memorandum of understanding to discuss an integration under a holding company to create the world’s No.3 automaker and compete in an increasingly tough industry. However, the talks have been complicated by growing differences, and hit a wall after Honda said it wanted to turn Nissan into a subsidiary. […]

Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models. The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For […]

The Japanese automakers in December signed a memorandum of understanding to discuss an integration under a holding company to create the world’s No.3 automaker and compete in an increasingly tough industry. However, the talks have been complicated by growing differences, and hit a wall after Honda said it wanted to turn Nissan into a subsidiary. […]

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ANTRIM TOWNSHIP, Pa. (AP) — The heist of 100,000 eggs from the back of a trailer in Pennsylvania has become a whodunit that police have yet to crack. Four days after the theft, which law enforcement says could be tied to the sky-high cost of eggs, no leads have come in, according to Trooper First […]

Exclusive | Google Kills Diversity Hiring Targets The Wall Street JournalView Full Coverage on Google News — news from The Wall Street Journal

The Google owner, Alphabet, has dropped its pledge not to use artificial intelligence for purposes such as developing weapons and surveillance tools. The US technology company said on Tuesday, just before it reported lower than forecast earnings, that it had updated its ethical guidelines around AI, and they no longer refer to not pursuing technologies […]