A U.S. recession is “quite likely” next year as persistent inflationary pressures move the Federal Reserve to shift interest rates higher, Eric Rosengren said Tuesday.Story Published at: November 08, 2022 at 02:02PM
U.S. likely headed for mild recession in 2023, former Boston Fed President Eric Rosengren says
Renault and Google team up to develop a ‘software defined’ vehicle
The deal will help Renault develop new onboard and offboard applications, the companies said.Story Published at: November 08, 2022 at 12:47PM
Sinking Pacific island nation issues historic call for treaty to phase out fossil fuels
The low-lying country, which faces an existential threat from rising sea levels, is the first to make such a call at the U.N.’s flagship climate conference.Story Published at: November 08, 2022 at 11:44AM
Billionaires emit a million times more greenhouse gases than the average person: Oxfam
The investments of 125 billionaires create 393 million metric tonnes of CO2 emissions each year, Oxfam says — the equivalent output to the whole of France.Story Published at: November 08, 2022 at 09:56AM
E-commerce firm Blibli up nearly 5% in Indonesia stock debut
Blibli debuted on the IDX at 4.9% higher than its IPO price asthe latest tech company to list in Southeast Asia since Bukalapak and GoToStory Published at: November 08, 2022 at 06:19AM
China’s Covid controls are hurting more of the economy
As of Monday, China’s Covid controls negatively affected 12.2% of national GDP, up from 9.5% a week ago, according to Nomura’s model. Story Published at: November 08, 2022 at 06:10AM
Trump suggests he’ll launch his 2024 presidential campaign on Nov. 15 in Florida
Former President Donald Trump suggests he’ll launch his 2024 presidential campaign next Tuesday from his Florida resort, Mar-a-Lago.Story Published at: November 08, 2022 at 03:49AM
‘Create adversity’: Startup CEO on raising kids with an entrepreneurial mind
“The more you talk to them like adults, [you’ll realize] they actually understand a lot and they learn a lot from that,” said serial entrepreneur Cheryl Sew Hoy. Story Published at: November 08, 2022 at 01:35AM
Shares of Trump-linked SPAC soar 66% as former president hints at 2024 run
Shares of Trump-linked SPAC Digital World gained 66.5% after Trump hinted at a 2024 presidential run.Story Published at: November 07, 2022 at 09:34PM
From Teslas to BMWs, cars are piling up on land and at sea in German port of Bremerhaven
Cars from Tesla, BMW, Stellantis, Renault and Volvo are piling up at a German port and a major auto exporter is pulling back on its shipping commitments.Story Published at: November 07, 2022 at 09:01PM
