Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack

CNBC - Oct 12, 2026

The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.

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AI is less regulated than milk, says Microsoft president
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Why some have no choice but to pay costly oil prices
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The rural communities vulnerable to heating oil prices rises as the weather gets colder.

Documents falsified to evade tax on Abramovich's wealth, BBC finds
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China's growth offers opportunity over shock, experts say
Oct 12, 2026

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After four days touring the frontlines of China's economic evolution, from Xinyu, an age-old manufacturing hub reinventing itself with advanced industries, to the bustling entrepreneurial engine of Wenzhou, the cradle of the country's private sector, a group of former international political leaders and scholars converged in Beijing on Sunday for the Mingde Strategic Dialogue 2026.

Roofing scammers con homeowners out of thousands of pounds
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Trump faces growing backlash over plans to import diesel from Russia
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Citroen revives the 2CV for an electric age
Oct 11, 2026

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The French firm is reinventing the classic model as carmakers come under pressure from Chinese rivals.

Ukraine strikes Yandex data centre in third attack on Russian tech giant
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Ukraine strikes Yandex data centre in third attack on Russian tech giant

It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.

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