Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
Joe Biden and Kamala Harris will raise your taxes. They will impose income tax hikes, small business tax hikes, capital gains tax hikes, corporate tax hikes, a carbon tax, and will even bring back the much-hated Obamacare individual mandate tax. April 18, 2024: VIDEO: Despite Biden Campaign Promise to Make “Costs Go Down,” They Have […]
TSMC's CEO recently stated that microchips produced outside of Taiwan, including those in the US, will incur higher manufacturing costs. The Taiwanese foundry is currently expanding its production capacity globally, but this move will necessitate a revised pricing strategy to align with shareholder interests.Read Entire Article
he conventional wisdom in the United States is that Iran has conducted a “blatant and powerful act of direct war” against Israel. However, the Iranian attack has been a long time coming in view of the past ten years of Israel’s cyberwar against Iran; the assassination of senior Iranian nuclear scientists on Iranian territory; and the killing of at least 18 Iranian generals and military commanders. The drone and missile attack on April 13th was carefully calibrated to target the Nevatim air...
Cities with the poorest quality air are concentrated in the West
The Israeli Ambassador to the U.S. said Wednesday that Israel must respond to Iranian strikes on the country, brushing off warnings from American leaders and other allies fearful of a regional war between the two powers. Iran launched over 300 munitions toward Israel on Saturday evening in response to an Israeli strike that killed Iranian
Pretty much every tech company has been investing in generative AI for the past two years, and Apple is rumored to finally bring new AI-based tools to iPhone users soon with iOS 18. However, the costs of operating such tools are quite high, and Meta has just confirmed that it will take years for the company to make money from AI. more
Platform’s future in US in doubt after House approves bill ordering Bytedance to sell stakeTikTok has said it will fight any ban or forced sale of the app’s US operation in the courts, after the House of Representatives passed legislation targeting the viral video platform.The company’s future in the US was placed in further doubt over the weekend after lawmakers in Washington passed a bill that will ban the app if TikTok’s Chinese owner, ByteDance, does not sell its stake in the American...
US Commerce Secretary Gina Raimondo said Huawei Technologies Co.’s latest phone shows that China remains behind on cutting-edge chip technology.
Ukrainian president urges Senate to ratify aid package so that country can strengthen frontline with RussiaUkraine’s president has said the vote by the US House of Representatives to pass a long-delayed $61bn (£49bn) military aid package demonstrated that his country would not be abandoned by the west in its effort to fight the Russian invasion.Volodymyr Zelenskiy said in an interview with US television that Saturday’s vote showed Ukraine would not be “a second Afghanistan”, whose pro-western...
The ink is still wet on Nikon's acquisition of RED Cinema, but the two teams are already meeting and working on integrating their technologies. [Read More]
Two members of the Boston Celtics will be representing Team USA at the Paris Games this summer, according to multiple reports.