New Zealand’s RBNZ expected to cut interest rate by 50 bps amid slowing economic activity – FXStreet
The Reserve Bank of New Zealand is expected to cut interest rates by 50bps to 4.75% on Wednesday. The deepening economic downturn in New Zealand's economy and optimism about inflation point to the possibility of a major rate cut from the RBNZ. The RBNZ's policy announcement is likely to cause severe volatility for the New […]
New California law will make your car nag you about slowing down
“Why are you taking that exit?” “You need to get into the right turn lane.” “Slow down!!!” Have you ever been driving alone and wanted to have a “backseat driver” experience? This means all vehicles will be equipped with speed warnings along with kill switches, data monitoring, etc. Jesus, get out of the way. Big […]
University funding from fossil fuels slowing switch to green energy – report | Oil and gas companies
Fossil fuel companies' funding of climate-focused initiatives at universities is slowing the green transition, according to the largest peer-reviewed study to date of industry's influence on academia. About the research published in the journal “WIREs Climate Change” Six researchers on Thursday scrutinized thousands of academic papers on industry research funding from the past two decades, […]
COVID-19's summer surge shows no signs of slowing down
A surge in COVID-19 infections has swept across the country this summer, disrupting travel plans and bringing fevers, coughs and general fatigue, with no signs of abating soon. While most of the country and federal government have put the pandemic behind them, the virus is mutating and new variants are emerging. Although the Centers for […]
Disney's streaming business is profitable for first time, but slowing US park business ups anxiety
Disney returned to a profit in the third quarter as its integrated streaming business began to turn a profit for the first time and the film “Inside Out 2” performed well at the box office. Operating profit at the entertainment unit, which includes its movie studios and parts of its TV division, nearly tripled to […]
Dow tumbles over 500 points on worries about slowing economy
Wall Street stocks fell Thursday along with bond yields after further signs suggested U.S. economic growth was slowing. The Dow Jones Industrial Average fell 555 points, or 1.4 percent, to 40,287, while the Nasdaq lost 1.7 percent. The S&P 500 fell 1.1% as weak U.S. manufacturing data erased a 0.8% morning gain. The Dow Jones […]
Mayorkas ‘Stepping In and Slowing the Process of Information’
Homeland Security Secretary Alejandro Mayorkas is “interfering and delaying communication” about the attempted assassination of President Donald Trump, Rep. Marjorie Taylor Greene (R-Ga.) told Breitbart News in an interview at the Republican National Convention on Wednesday. Greene spoke about former President Donald Trump’s “miraculous” survival on Saturday, saying it came at just the right time […]
Medical Professor Says Biden Shows ‘Signs Of Age-Related Dementia,’ ‘Cognitive Slowing’
Johns Hopkins School of Medicine Professor Dr. Marty Makary said on Tuesday that President Joe Biden seems to be experiencing signs of dementia and cognitive decline. Corporate media endeavored for years to suppress questions about Biden’s cognitive health, but it has become a topic of discussion ever since the president’s disastrous debate with former President Donald […]
‘No Slowing Down’: Abbott Confirms There’s Been No Change At Border Since Biden’s New Policy, Says It’s ‘Accelerating’
Republican Texas Gov. Greg Abbott told Fox News on Sunday that there has been no noticeable change at the border since President Joe Biden issued an executive order targeting migration on June 4, 2024, and has instead “accelerated” migrants crossing the border. Governor Abbott appeared on “Sunday Morning Futures with Maria Bartiromo” to discuss the […]
Dow Jones Industrial Average passes 40,000 as Wall Street cheers slowing inflation
On Thursday, the Dow Jones Industrial Average topped 40,000 points for the first time in history as Wall Street cheered the prospect of slower inflation and lower interest rates. The iconic stock index rose about 111 points to about 40,020 points just before 11 a.m. Thursday. The Dow was founded in 1895 and includes the […]