Hungary Central Bank Makes Another Rate Cut as Inflation Drops

Hungary Central Bank Makes Another Rate Cut as Inflation Drops

The central bank of Hungary is expected to press ahead with monetary easing in 2024 due to the sharp drop in inflation last month.


Shipping Giants Maersk, Hapag-Lloyd Begin Rerouting Ships to Avoid Red Sea as Houthi Attacks Increase

Following a series of attacks on ships in the Red Sea by Iranian-backed Houthi militants, shipping giants Maersk and Hapag-Lloyd have rerouted their vessels, opting for the longer Cape of Good Hope route in South Africa.

IRS to Provide $1 Billion in Penalty Relief for Millions of Taxpayers — Here's Who Qualifies

The Internal Revenue Service (IRS) announced on Tuesday a penalty relief for individuals who failed to pay their taxes on time during the pandemic.

Affirm Expands Partnership With Walmart for 'Buy Now, Pay Later' Self-Checkout Feature

Financial tech company Affirm has announced its expansion of services with Walmart to bring the company's flexible pay-over-time options to self-checkout kiosks in over 4,500 of the retailer's US stores.


Latest News

Warren Buffett-Led Firm Berkshire Hathaway's Bribery Allegations Against a Truck-Stop Billionaire Can't Be Used in Court: Judge
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.
Ukraine Forced to Cut Military Operations as Foreign Aid Runs Out
As foreign aid starts to dry up, a top Ukrainian commander said Ukraine had to downsize its military operations in the war with Russia.
Oil Giant BP Pauses All Tanker Transits Through Red Sea Due to Houthi Attack Fears
Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.
Southwest Airlines Hit With $140 Million Fine for 2022 Holiday Meltdown That Stranded Millions
The US Department of Transportation (DOT) has imposed a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during the December 2022 holiday meltdown.
Goldman Sachs Says 'The Great Disinflation' Is Under Way, Setting the Stage for 5 Eventual Fed Rate Cuts
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion
Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion. Japan's Nippon Steel has secured a deal to buy US Steel for $14. 9 billion.
Rawle Annandsingh, Kevin Blake-Thomas, and Darwin Feveck
Amidst the sun-soaked landscapes of Trinidad and Tobago, where life pulsates to the rhythm of Carnival, you will find Tychon's three founders—Rawle Annandsingh, Kevin Blake-Thomas, and Darwin Feveck emerge. Defying the stereotype that dreams are confined by geography, these entrepreneurs are rewriting the startup narrative. While Trinidad and Tobago might not be the conventional birthplace of startups, in the hands of the dynamic trio, it has become the epicenter of groundbreaking innovation.
Business People Silhouettes Stock Exchange
Exchange fund brokerages, a niche concept in the investment landscape, have steadily gained traction among tech investors. These brokerages help investors diversify their portfolios without facing undue tax consequences. They make risk management a lot less painful for the many venture capitalists, tech investors, and employees who hold concentrated positions.
Donald Trump Shrugs Off New Record Stock Market High Under Joe Biden
Former President Donald Trump, who once claimed that a Joe Biden presidency would lead to a stock market crash, is now dismissing stock market highs as benefiting the "rich."
Timothee Chalamet Charms Moviegoers as ‘Wonka’ Tops Box Office With $39 Million Debut
The musical extravaganza "Wonka" featuring Timothee Chalamet struck a triumphant high note at the box office, debuting with $39 million in box office sales in the United States and Canadian theaters over the weekend.
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