Joseph Nordqvist

Japanese automotive giant Nissan has announced a transformative £2 billion plan for its Sunderland plant in the UK. According to Nissan, £1.12 billion will go towards the manufacturing of electric versions of the Qashqai and Juke models, with the remainder allocated to developing additional infrastructure and a new battery production facility. The company said in […]

The Thanksgiving weekend of 2023 marked a historic moment for air travel in the United States. On Sunday, November 26, the Transportation Security Administration (TSA) screened an astonishing 2,907,378 passengers at airports across the nation. This figure not only set a new record for the highest single-day screening by the TSA but also underscored the […]

The Eurozone saw a significant and unexpected drop in inflation rates in November 2023, recording the slowest annual pace since July 2021. This decrease to 2.4% from 2.9% in October offers a breather to consumers and ignites speculation about potential shifts in the European Central Bank’s (ECB) monetary policy.

The social media giant, TikTok, is set to make a significant foray into the Southeast Asian market by becoming a major player in Indonesia’s e-commerce sector. It has agreed to invest $1.5 billion to acquire a controlling stake in an e-commerce unit of Indonesia’s largest tech conglomerate, GoTo Gojek Tokopedia. This move is seen as a strategic effort to restart TikTok’s online shopping business, which was suspended due to regulatory challenges in Indonesia.

Netflix, under the leadership of co-CEOs Ted Sarandos and Greg Peters, has achieved a remarkable turnaround, as indicated in their latest shareholder letter and recent financial results. The company has exceeded its key financial goals for 2023. Impressive Subscriber Growth and Financial Performance Netflix reported a staggering addition of 13.1 million subscribers in the fourth […]

Neuralink has successfully implanted a wireless brain-computer interface (BCI) in a human patient for the first time.

In a move aimed at easing the financial strain faced by renters across the U.S., real estate giant Zillow has introduced a new room listing option to its platform. This comes as rental costs have skyrocketed, with nearly 50% of renters now classified as ‘cost-burdened’, meaning they spend over 30% of income on housing. Addressing […]

Reddit, one of the most popular social networks in the world, known for its subforums (subreddits), has been garnering increasing attention from users and investors in recent years. Since its founding in 2005, the company has undergone significant development, with growing interest in Reddit stock potential IPO, meaning its shares will soon be available for […]

The Federal Reserve’s recent FOMC meeting has sparked a wave of optimism among investors, particularly those interested in risk assets. Rishabh Das, a seasoned market analyst, offers an insightful breakdown of the implications of this dovish policy shift on his finance-focused blog. In this guest post, we delve into the key points from Das’s article […]

The U.S. Bureau of Labor Statistics recently released data showing that inflation continued to be a significant issue in March, with prices rising across many parts of the economy. This information is important because it suggests that the Federal Reserve may keep interest rates higher for longer to combat inflation. Core Inflation Remains Steady In […]