Economy

One job by day, another by night as US voters make ends meet
One job by day, another by night as US voters make ends meet

At 21 years old, Zackree Kline works at a funeral parlor and as a waiter, clocking 60 hours a week to get by -- a situation motivating him to vote for Republican Donald Trump in November. Trump won York County with about 60 percent of the vote in both 2016 and 2020.

Dockers end three-day strike at Montreal port
Dockers end three-day strike at Montreal port

Dockworkers at the port in Montreal, the second-largest in Canada, ended a partial three-day strike as scheduled on Thursday, officials confirmed, with both sides summoned to mediation. "The three-day strike is over," Isabelle Pelletier, spokeswoman for the Maritime Employers Association, told AFP. A federal mediator has summoned both sides to a meeting on Friday.

Canadian auto parts magnate faces more sexual assault charges
Canadian auto parts magnate faces more sexual assault charges

Three more women have come forward with sexual assault accusations against Frank Stronach, the founder of Magna International, one of the world's largest auto parts companies, court records showed Thursday. Stronach, an Austrian-born rags-to-riches immigrant, grew a small Canadian tool and die company into one of the world's largest automotive parts manufacturers, Magna International.

What next for OpenAI after $157 billion bonanza?
What next for OpenAI after $157 billion bonanza?

ChatGPT-maker OpenAI has become an AI powerhouse after securing Silicon Valley's largest-ever funding round. - The funding - OpenAI raised $6.6 billion in cash and secured a $4 billion credit line, catapulting the company to a staggering $157 billion valuation.

Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF
Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF

A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP. "Preliminary official estimates indicate an 86 percent decline in GDP in the first half of 2024" in Gaza, said International Monetary Fund communications chief Julie Kozack.

Sri Lanka's new president seek changes to IMF deal
Sri Lanka's new president seek changes to IMF deal

Sri Lanka's new president Thursday urged the IMF to consider "alternative means" to continue with a $2.9 billion bailout that aided his country in the wake of a sovereign default but imposed painful austerity. Sri Lanka declared a sovereign default on its $46 billion debt in April 2022 after running out of foreign exchange.