US: Fed opts for 75-basis-point rate hike, flags weakening economic data

The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on Wednesday in an effort to cool the most intense breakout of inflation since the 1980s, with "ongoing increases" in borrowing costs still ahead despite evidence of a slowing economy. Coming on top of a 75-basis-point hike last month and smaller moves in May and March, the Fed has raised its policy rate by a total of 225 basis points this year.

from US News Headlines, Latest USA News, US news live on Times of India https://ift.tt/okRNh3D

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From breach to resilience: How the Electoral Commission rebuilt its cyber defences

The UK's Electoral Commission fell victim to a major cyber attack in 2022. Three years on, the organisation is reflecting on its experience and sharing the lessons it learned to help others improve their security resilience. from ComputerWeekly.com https://ift.tt/GsmtqPu

Chance of talks with US 'narrowing': North Korea

Last month the North walked away from working-level nuclear talks with the US in Sweden, saying it was disappointed at the lack of "new and creative" solutions offered by Washington. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/2WH1ke2

Opposition to approach EC demanding 2019 polls be held on ballots

In an attempt to strengthen the opposition unity against the ruling BJP, 17 political parties, including Trinamool Congress, are planning to approach the Election Commission, demanding that 2019 Lok Sabha polls be conducted on ballot papers. from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/2vaqXYk

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