Swiss National Bank cuts interest rates by 25 basis points
The Swiss National Bank (SNB) slashed its key interest rate by 25 basis points to 1.0% yesterday on Thursday. This move comes as the third interest rate cut this year…
GM Electric Vehicle Sales Pick Up Momentum as Brand Adds More Models to Catalogue
General Motors (GM) is witnessing a renewed electric vehicle sales revival. That was driven by a strong, diverse lineup. The last three years of GM's advancements toward what is now…
Massive Blow to Bad Payment Term to Support the Small Businesses as Government Moves Forward
The UK government has launched a tough new measure against the dominance of the scourge of late payments which destroys small businesses and the self-employed. It is estimated that late…
Former Dallas Fed President Kaplan Advocates for 50 Basis Point Rate Cut
Former Dallas Fed President Supports 50-Basis-Point Cut. Former Dallas Federal Reserve President Robert Kaplan, speaking to CNBC, said that he supports a significant 50-basis-point interest rate cut going into this…
Goldman Sachs to Absorb $400 Million Charge in Third Quarter as it Unwinds Consumer Business
Goldman Sachs is set to record a $400 million pretax charge in its third-quarter results as it continues to dismantle its consumer business operations. Speaking at a conference on Monday,…
August Private Payrolls Post Weakest Gain Since 2021, Falling Short of Expectations
Private sector payrolls in August saw their slowest growth in over three and a half years, according to a report by ADP, indicating further signs of a softening labor market.…
Tesla Set to Launch Full Self-Driving Technology in Europe and China in 2025
Tesla has announced plans to introduce its Full Self-Driving (FSD) technology in Europe and China by early 2025, pending regulatory approval. In a post on the X social media platform,…
Investing in Mental Health Yields Greater Economic Benefits Than Road Projects, LSE Study Finds
A recent study by the London School of Economics (LSE) reveals that investing additional funds in mental health services would significantly boost the UK’s economic growth and national wellbeing, outperforming…
NASA Awards $116.9 Million Contract to Intuitive Machines for 2027 Lunar South Pole Mission
NASA has selected Intuitive Machines to deliver a suite of scientific payloads to the Moon's south polar region in 2027, marking the first commercial lunar lander award in over a…
Education and Incentives Key to Boosting Flexible EV Tariff Adoption in the UK
A recent UK study underscores the importance of combining financial incentives with consumer education to drive the adoption of flexible electric vehicle (EV) tariffs. The research, conducted by LCP Delta…
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