News

Tesla cannot afford a $56 billion payout to Musk, advisory firm says

L. R.

27 May 2024 - 22:28

Glass Lews advised Tesla’s board against giving CEO Elon Musk a $56 billion payout package.

China’s industry reports growth as West fears overproduction

L. R.

27 May 2024 - 14:43

China’s industry is growing rapidly, making several Western economic officials fear another overproduction wave.

UK Smoking Ban On Life Support After Elections Announcement

James Hydzik

24 May 2024 - 10:38

PM Rushi Sunak’s announcement that the UK will hold a general election on July 4 has turned the smoking ban Bill into a campaign point.

JPMorgan believes this could be the "worst outcome" for the US economy

L. R.

23 May 2024 - 21:30

JPMorgan’s CEO Jamie Dimon believes the Federal Reserve could hike interest rates again.

Nvidia earnings beat estimates again. Huang: "Demand is just so strong"

L. R.

23 May 2024 - 20:18

Nvidia’s rally is not over. Is generative AI another Silicon Valley bubble or the start of a new financial era?