Elon Musk, the CEO of Tesla, forecasted on Monday that artificial intelligence surpassing human intelligence would likely emerge by 2026 or the following year. In a lengthy interview on X spaces marred by numerous technical hiccups, Musk also revealed to… Read More ›
Month: April 2024
Risks Of Upward Inflation Make US Fed Officials Cautious About Cutting Rates
According to two US Federal Reserve members who joined the chorus of American central bankers, the members are downplaying the need to cut interest rates in the face of persistent inflation. One of them issued a warning, stating that should… Read More ›
Research Shows Women In UK Finance Industry Make A Third Less Than Their Male Counterparts
Salary data from 21 corporations analysed by Reuters reveals that some of the leading financial organisations in Britain pay women 28.8% less on average than their male counterparts, despite their stated goal of increasing the number of women hired for… Read More ›
Bank Of England Establishes Guidelines For The “Digital Sandbox”
In an effort to stay up with the quick speed of technological advancement, the financial regulators in Britain opened up public comment on their new “sandbox” for trading digital assets in “real world situations” on Wednesday. Within a strictly regulated… Read More ›
A Wider Spread Of Bird Flu Increases Human Concerns, According To The Animal Health Body
The president of the World Organisation for Animal Health (WOAH) stated that the chances of human infection have increased due to the spread of bird flu to more species and its expanding geographic range. Monique Eloit stated that there would… Read More ›
Japan’s Economy Sustains Itself And Grows To Its Full Potential. BOJ Rate Increase Possibilities
In the October–December quarter, Japan’s economy expanded to its maximum potential for the first time in about four years, a promising development that might permit the central bank to hike interest rates once again. According to a Bank of Japan… Read More ›
A Survey Shows China Has Surpassed The US As Southeast Asia’s Most Preferred Ally
According to a regional survey, most Southeast Asians would side with China rather than the United States if they had to choose, yet some nations that feel threatened by Beijing’s claims in the South China Sea still favour Washington. Since… Read More ›
Inflation Is A Major Contributing Factor To The Financial Stress Experienced By Half Of All Individuals Worldwide
In a number of large economies, at least half of the adult population reports feeling anxious about their own finances, with inflation cited as a primary cause. According to a considerable portion of respondents to SurveyMonkey’s International Your Money Financial… Read More ›
Market Value Of China Xiaomi Increased By $7.6 Bln Since Its EV Launch, Higher Than GM And Ford
The electronics manufacturer Xiaomi’s fast electric automobile, which was introduced last week, attracted a lot of interest, and shares of the company rose as much as 16% on Tuesday. However, a stockbroker predicted the company would lose about $10,000 on each car… Read More ›
Just Days After Going Public, Stocks Of DJT, Ticker For Trump’s Truth Social, Tumbles Down
There was a 20%+ decline in the shares of Donald Trump’s social networking company, which was listed under the DJT ticker less than a week ago. The decline follows the announcement by Trump Media & Technology Group that it lost… Read More ›