Author: Press Room

There was chatter among Congressional reporters about wandering over to The Monocle for a drink last Wednesday night. The Monocle is an old-school Capitol Hill watering hole located next to U.S. Capitol Police Headquarters and across the parking lot from the Dirksen Senate Office Building. Senators sometimes hang out there while they wait for the body to get its business together for late night votes.It was pushing 9 p.m. last Wednesday and the Senate was mired in a vote which began at 2:26 p.m.  Senators struggled to work out a deal to finish up its work before Thanksgiving. The only reason reporters still…

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Thousands of workers from 60 hotels in Los Angeles have been striking in waves since July.Two housekeepers at luxury hotels told BI they’re after fair wages and humane working conditions.One said a single-night stay at the hotel where she works costs more than she makes in two weeks. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Workers at luxury hotels in Los Angeles, California are fed up.They’ve been striking for months, with waves of workers represented by Unite Here Local 11 union taking to…

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Going state-by-state, petroleum engineers frequently command the highest earnings out of the various … [+] engineering occupational fields.getty It is fairly well known at this point that engineers tend to make a solid amount of money, especially when compared to occupations in other fields. You can become an engineer after earning just a bachelor’s degree in an engineering field. However, many Americans continue their education to the master’s or even doctoral level. After all this education, however, which kinds of engineers earn the most money? In order to identify the highest paying engineering jobs, we analyzed data from the Bureau…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Taiwan’s Asustek Computer is building a server production line in the US for the first time as the personal computer maker seeks fresh growth catalysts from the boom in demand for artificial intelligence-powered equipment.The world’s fifth-biggest computer maker, known for its Asus brand, is also growing its mini PC and smart manufacturing businesses, as the overall consumer electronics market remains sluggish.Jackie Hsu, senior vice-president of Asustek, told Nikkei Asia the new era of AI-powered computing offered a good opportunity to grab more…

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LUSAKA – Zambia is poised to receive a significant financial boost from the International Monetary Fund (IMF) as it progresses with its economic reforms. The country secured a Staff-Level Agreement (SLA) with the IMF, which could unlock a $184 million tranche following the second review under the Extended Credit Facility (ECF) Programme. This development, announced today by the Ministry of Finance, is contingent on final approval by the IMF’s Executive Board. The impending funds are part of a larger $1.4 billion ECF program initiated in August 2022, designed to enhance macroeconomic stability and debt sustainability in Zambia. The program underscores…

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© Reuters. Investing.com– Most Asian stocks rose on Tuesday, tracking overnight strength in Wall Street as markets looked to no more rate hikes from the Federal Reserve, while quarterly results from NVIDIA Corporation (NASDAQ:) were squarely in focus. Optimism over a recovery in China’s property sector also aided sentiment, as reports suggested that the government was planning on rolling out more supportive measures for the sector.  China’s and indexes rose 0.6% and 0.3%, respectively, tracking large gains in property stocks. Hong Kong’s index jumped 1.2%, also supported by property stocks. Longfor Properties and Country Garden Services jumped 7.5% and 4.2%,…

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© Reuters Oil prices are expected to find stability at an average of $83 per barrel in 2024, despite economic headwinds, as predicted by analysts from JPMorgan. This projection accounts for resilient consumption in the United States, robust demand from emerging markets (EM), and stable European markets. Looking further ahead, the bank anticipates a decrease to $75 per barrel in 2025. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have played a significant role in influencing oil prices through their production policies. Earlier this year, between April and June, OPEC+ made notable output cuts, with Saudi Arabia…

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Former President Donald J. Trump posted a fawning but vague health report from his doctor on Monday that declares that Mr. Trump’s health is “excellent” and that he has recently lost weight through an “improved diet” and “daily physical activity.”Mr. Trump’s physician, Dr. Bruce Aronwald, wrote the single-page report over two months after Mr. Trump, 77, underwent a “comprehensive” health examination in September, the document says.In August, Mr. Trump reported to the Fulton County Jail, during an intake process for one of four criminal cases he is facing, that he weighed 215 pounds. That was nearly 30 pounds less than…

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