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Nissan to cut 9k jobs, reduce CEO’s monthly pay by 50% as company struggles

Nissan Motor Co. Senior Vice President Jeremy Papin talks about Nissan's growth efforts on “The Big Money Show,” highlighting “breakthrough advances” in consumer EVs. Nissan Motor Co., Ltd. announced that it will “take emergency measures'' to rebuild its business model after its consolidated net revenue and global sales volume declined and its operating profit margin […]

D.C. Workers Spend $350 on Lunches Monthly amid Inflation

People working in Washington, D.C., are spending more money on lunch as inflation continues to hurt Americans in the Biden-Harris (D) administration's economy. A recent study found that employees in the nation's capital spend $350 a month on work lunches, Fox 5 reported. reported Thursday: This information can be found in ezCater's 2024 Lunch Report. […]

U.S. crude oil on pace for third monthly loss in a row in September – CNBC

U.S. oil prices continued to decline for the third consecutive month in September as increased supply from OPEC+ and weak demand from China plagued the market. The U.S. index fell more than 7% for the month, while global benchmark Brent fell about 9%. “The oil market is having a panic attack,” Barclays energy analyst Amarpreet […]

Australian Dollar pares gains following the Monthly Consumer Price Index – FXStreet

The Australian dollar is holding firm on the back of new Chinese economic stimulus measures. Australia's monthly consumer price index rose 2.7% year-on-year in August, below the expected 2.8% increase and the previous 3.5% increase. The People's Bank of China's Gongsheng Bank said it would cut the reserve requirement rate by 50 basis points and […]