August 2019

Central Banks Risk a Race to the Bottom by Cutting Rates in Unison

Finance /

Temporary benefits, like an increase in exports or inflation stabilization, might take the pressure off policymakers to enact longer-term economic changes, like industrial reorganization and work force training. And central bank moves could draw the attention, and even action, of politicians who can directly intervene in currency markets. Mr. Trump, for one, is convinced that […]

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UEFA postpones Champions League talks as clubs, leagues row

Sports /

UEFA President Aleksander Ceferin has postponed a joint meeting with the heads of European clubs and leagues that was to help determine the future format of competitions, including the Champions League. The Associated Press has obtained letters sent Thursday morning by Ceferin to the heads of the European Club Association and the European Leagues body

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Several Women Accuse Opera Legend Placido Domingo Of Sexual Harassment

Entertainment /

For decades, Placido Domingo, one of the most celebrated and powerful men in opera, has tried to pressure women into sexual relationships by dangling jobs and then sometimes punishing the women professionally when they refused his advances, numerous accusers told The Associated Press. Regarded as one of the greatest opera singers of all time, Domingo

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The Latest: Facebook uses humans to transcribe user audio

Technology /

The Latest on Facebook privacy (all times local): 12:40 p.m. Facebook says it paid contractors to transcribe audio clips from users of its Messenger service. The practice raises privacy concerns, as users aren’t typically aware that humans are reviewing audio. Tech companies say the practice helps improve their services. Facebook says audio snippets were masked

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Asian stocks lower after US indexes tumble on recession fear

Finance /

Asian stock markets followed Wall Street lower on Thursday after the Dow Jones Industrial Average plunged on mounting fears of a possible recession. Market benchmarks in Shanghai, Tokyo and Hong Kong all retreated. U.S. investors dumped stocks, sending the Dow into its biggest one-day drop of the year, after the yield on the 10-year Treasury

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