Economy

Tesla Supercharger Shutdowns: The Latest in Electric Vehicle Industry’s Rapid Evolution

The Supercharger charging station division of Tesla is being shut down by the company, resulting in the loss of approximately…

1 hour ago

New NIL Regulations: Balancing Economic Benefits with Educational Integrity in College Sports

UVA Economics Professor Ed Burton believes that the new NIL regulations have the potential to benefit both college athletes and…

2 hours ago

The Evolution of Watch Retail: Brands Embrace Monobrand Boutiques, Specialty Stores Struggle to Keep Up

The watch industry has experienced significant shifts in recent years, with many brands reducing their collaboration with specialist retailers. This…

2 hours ago

Fed Keeps Interest Rates Unchanged as Inflation Remains High, Gold Prices Fluctuate

On May 1st, the US Federal Reserve (Fed) announced that it would maintain its reference interest rate at a 23-year…

2 hours ago

Fed Keeps Interest Rates High Amid Inflation Concerns; Rate Cuts Unlikely in Near Future

The United States Federal Reserve has expressed concerns about inflation and has kept interest rates at 5.25%-5.5%, the highest in…

2 hours ago

Tietoevry Stuns Portfolio Managers and Industry Analysts with Decision to Halve Separate Listing of Banking Operations

In a surprising move, Tietoevry has decided to halt the separate listing of its banking operations. This decision has raised…

2 hours ago

FOMC Maintains Fed Funds Rate as Political Pressure Mounts on Jerome Powell and the Federal Reserve

The Federal Open Market Committee (FOMC), responsible for setting monetary policy, has decided to maintain the federal funds rate between…

2 hours ago

BBVA Plans to Acquire Sabadell: What You Need to Know about the Merger and Its Potential Implications

In a bold move, BBVA has announced its plans to acquire Banco Sabadell. The bank has released the conditions under…

2 hours ago

Stock Market Review: May 1st Reports, Trends, and Insights

The latest stock market review includes updates on current reports, trends, indices, stock prices, bonds, foreign exchange, and commodities. While…

3 hours ago

ACB Founder and Banking Pioneer, Mr. Tran Mong Hung, Dies at 72

Mr. Tran Mong Hung, the founder of ACB Bank and father of ACB Chairman Tran Hung Huy, passed away at…

3 hours ago