Australia's government revised its inflation forecast higher, impacting economic strategies. The Mid-Year Economic and Fiscal Outlook (MYEFO) predicted 3.75% inflation for the year ending June 2026.
The U.S. Air Force is buying two Boeing 747-8 jets for $400 million to train and maintain its presidential airlift fleet. This is a step towards transitioning from the older 747-200 model. The first ...