Wealthy countries have pledged $100 billion a year to help reduce the effects of global warming. But Reuters found large sums going to projects including a coal plant, a hotel and chocolate shops.
- WorldAnalysis: US debt-ceiling deal dooms Biden's revolutionary tax plans
U.S. President Joe Biden's 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday.
- MarketsWall Street rises on hopes of Fed rate hike pause, debt ceiling deal cheer
U.S. stock indexes rose on Thursday as investors cheered a vote in Congress to suspend the U.S. debt ceiling, while signs of slowing wage pressure on inflation added to growing optimism the Federal Reserve will skip raising interest rates in two weeks.
- World at WorkDigital doubles, fake trailers: AI worries Hollywood actors before labor talks
AI already has divided studios and striking film and television writers, who want assurances that the emerging technology will not be used to generate scripts.
