Kevin Warsh sworn in as new US Fed chair
Warsh will lead the central bank at a time when its independence has come under scrutiny amid political pressure.
Advertisement
Content Feed
Meta cuts 8,000 jobs in sweeping global layoffs
Meta cancels hiring plans for 6,000 roles amid ongoing layoffs and a pivot to artificial intelligence development.
Controlled reopening ends Iran’s lengthy stock market shutdown
Stocks in companies hit by US and Israeli strikes, such as energy and steel firms, didn’t take part in the reopening.
From: Money Works
Will Trump kill $14bn Taiwan arms deal?
Will Trump kill $14bn Taiwan arms deal?
Published On 20 May 2026
New York City hotels avert labour strike threat before FIFA World Cup
Hotel operators avoid a ‘very real threat’ by signing a deal with 25,000 workers as the city hosts the 2026 tournament.
EXPLAINER
Why are nearly 50,000 Samsung workers about to strike in South Korea?
Workers’ union says protest over bonuses will continue for 18 days.
Kenyan security forces arrest a person during a protest against the increase in fuel prices in Nairobi [Lucas Mukasa/Anadolu]
A riot police officer fires at protesters during a strike by public transport operators driven by rising fuel costs, in Githurai area of Nairobi. [Monicah Mwangi/Reuters]
The strike was launched on Monday by transport operators in response to the latest sharp fuel price hike. [Monicah Mwangi/Reuters]
Kenyan police use tear gas to disperse protesters during the second day of protests in Githurai, Nairobi. [Daniel Irungu/EPA]
Kenyan police detain protesters in Githurai. [Daniel Irungu/EPA]
Rights groups condemned the use of lethal force by security forces. [Daniel Irungu/EPA]
Police said on Tuesday that more than 700 people had been arrested in connection with the violent protests. [Daniel Irungu/EPA]
A motorcycle taxi rides through coloured tear gas as riot police disperse protesters. [Monicah Mwangi/Reuters]
+4
UN cuts global growth forecast, blaming Middle East crisis
UN economists forecast global GDP to grow 2.5 percent in 2026 and 2.8 percent in 2027.
US President Trump, family granted immunity from pending tax audits
Democratic lawmakers blast move, which follows the establishment of a controversial ‘Anti-Weaponization Fund’.
EXPLAINER
Putin meets Xi: Why Russia and China need each other
Vladimir Putin’s arrival was announced just a day after United States President Donald Trump left Beijing.
High prices in Iran’s stunted housing market leave tenants with few options
Tenants face bleak prospects as economic uncertainty persists amid a potential resumption of fighting.
