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Elon Musk Slams Fed's Inaction on Rate Cuts, Calls Them 'Foolish'
Elon Musk criticized the Federal Reserve's decision not to cut interest rates, calling it "foolish" and warning that the policy could harm the US, which could potentially stall economic growth.
Global Stocks Drop as Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
Recession fears pushed global stock markets to experience a major decline on August 5, Monday with Japan's Nikkei dropping 13%, STOXX 600 3%, and Nasdaq futures 5%.
2024 Business Tips: 4 Key Steps To Making the Perfect Elevator Pitch
To ensure business success, knowing how to create an effective elevator pitch is key. Here's a quick guide.
Tesla Lawyers Ask Delaware Judge To Vacate Decision Against Elon Musk’s $56 Billion Pay Package
Tesla's lawyers said a recent vote makes it clear that shareholders believe Elon Musk is entitled to the 11-figure compensation.
Latest News
Coca-Cola expects some or all of the $6 billion in back taxes to be refunded if it wins an appeal on the court's decision.
Despite its conservative stance, Thailand is pushing to legalize casinos to boost tourism and attract foreign investment, with major global casino operators like MGM showing interest.
Due to economic challenges, Uniqlo, Nike, and other global apparel brands are struggling in China as consumers increasingly choose affordable, unbranded alternatives.
Apple's stock stake has been reduced by Berkshire Hathaway, which has boosted its cash reserves to a record-high ($277 Billion) as a cautious approach against US economy concerns.
US job growth slowed unexpectedly in July, with only 114,000 jobs added, raising the unemployment rate to 4.3%, the highest since October 2021.
Malaysia has launched its first home-grown electric vehicle, the Proton e.MAS7, to strengthen its position in the growing Southeast Asian EV market.
Donald Trump has proposed eliminating federal income taxes on Social Security benefits for seniors, potentially reducing federal revenue by up to $1.8 trillion over the next decade.
China's new laws, effective September 1, will ease hiring criteria for veterans, provide job preferences, and support entrepreneurship, vocational training, and higher education to improve their transition to civilian life.
The U.S. Department of Justice has launched an antitrust investigation into Nvidia for allegedly misusing its dominant position in the AI chip market to unfairly disadvantage competitors, following a push from competitors, groups, and even the Senate.
Turkey blocked 50 million Turkish users' access to Instagram, reportedly in response to the platform removing posts about the death of Hamas leader Ismail Haniyeh.

















