Business

New Federal Reserve chair Kevin Warsh has brought sharp change in how the central bank communicates by saying much less than his predecessors about the economy and inflation. So far, many economists and Wall Street investors haven’t been thrilled with that ap…

Treasury-Fed Accord 2.0 and Banking Reform

For much of the last year, Alphabet Inc. has been the Big Tech stock to beat as investors bet that it was the most-likely winner from the artificial intelligence boom.

Walk into almost any supermarket or neighbourhood shop across Uganda, and the shelves present an overwhelming array of colourful packages: sweetened sodas, crisps, instant noodles, and processed snacks. For millions of busy consumers, these items offer convenience. But hidden inside their attractive packaging are dangerous levels of added sugars, refined salts, and unhealthy fats, the […] The post The silent killer o

Police have arrested city socialite Christian Asiimwe, popularly known as Don Chris over allegations of obtaining money by false pretence and fraudulent recruitment of Ugandans for jobs abroad. According to Kampala Metropolitan Police (KMP) spokesperson Rachael Kawala, Chris, the former director of the now-defunct labour recruitment company Sky Pins Tours and Travel, was arrested on […] The post Socialite Don Chris a

A DHL cargo plane caught fire while landing at Los Angeles International Airport late Wednesday night. Footage recorded by Airline Videos Live and obtained by KTLA showed flames shooting from beneath the aircraft as it rolled down a runway shortly after 11 p.…

Investment advisors recommend investors forego long-term bonds and emphasize securities that are above-average in credit quality.

Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.

American is adding seven routes to its 2027 schedule, with the majority heading to smaller European cities from its Philadelphia hub or from New York City.

American is the largest carrier out of PHL and will fly to 21 transatlantic destinations by next summer.

In a lengthy essay published on Wednesday, the Microsoft co-founder called for taxes on some AI use, tighter testing of systems that could aid bioterrorism, and limits...

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has partnered with Starlink to extend the MTN Group–Starlink partnership in Uganda, bringing satellite-enabled connectivity closer to enterprise customers operating in remote, underserved and hard-to-reach areas. This collaboration adds Starlink’s satellite capability to MTN Uganda’s enterprise solutions portfolio, offering an additional connectivity option where convent

Passengers from the US East Coast will no longer need to connect through major European hubs

Passengers heard an extremely loud popping noise as the plane prepared for takeoff.

Former JPMorgan banker who went on to be CEO of Barclays appeared before Congress in July

Kansas City Federal Reserve President Jeff Schmid said in an interview Wednesday on the eve of the central bank's annual economic summit in Jackson Hole, Wyo...

Best Buy raised its full fiscal-year outlook on Thursday after reporting a stronger-than-expected first-half performance.

Nsambya Hospital breaks ground on waste unit with Centenary Bank support PML Daily

Bitcoin is testing its largest supply cluster alongside the key 50-week moving average.

Kampala is set for a cross border musical experience this Saturday as Rwanda’s contemporary sounds meet Uganda’s Afro urban scene at Afro Urban: Kigali Meets Kampala. The event, backed by Club Pilsener, will take place at MoTIV Bugolobi’s VibeHouse from 5pm, bringing together musicians, DJs and creatives from both countries for a night centred on […] The post Kigali meets Kampala as Club Pilsener brings East African

The European Society of Cardiology Congress that kicks off Friday in Munich will be a consequential meeting for Alnylam Pharmaceuticals.