Australian households are at breaking point when it comes to finances, with a staggering 78% expressing extreme or significant stress about money. New research by leading comparison website Finder shows Australians are more stressed than they were at the onset of the pandemic, as stress levels have jumped from 68% […]
Finance
Generation Z is putting pressure on banks to improve their customer service. Finance experts say a shifting landscape in consumer expectations is slowly unfolding, particularly among younger Australians, who are becoming increasingly pivotal for financial institutions. It comes amid a barrage of complaints and growing media scrutiny over everything from […]
An ominous fog of uncertainty has descended on Wall Street. The S&P 500 sits precariously close to the edge of the bear market cliff. Skittish investors scan the horizon for any glimmers of light through the gloom. Fearing the worst, many brace for impact as warnings of a full-blown stock […]
As 2023 draws to a close, an air of cautious optimism is prevailing on Wall Street regarding stock market prospects in the upcoming year. Despite lingering risks, ranging from elevated inflation levels to political turmoil, analysts predominantly anticipate the ascent of equities in 2024. What fuels this positive outlook is […]
In a strategic move to capitalise on the global electric vehicle (EV) boom, Ghana has approved the development of the West African nation’s inaugural lithium mine. Located on Ghana’s southern coast at Ewoyaa, where major lithium deposits were uncovered just six years ago, the new mine will sit roughly 100km […]
Tesla Motors was once cruising comfortably in the fast lane as the world’s biggest electric vehicle manufacturer. But the road ahead is starting to look bumpy as CEO Elon Musk grapples with intensifying competition and operational challenges in China, the world’s largest EV market. Just a year ago, Tesla’s remarkable […]
The seven largest technology stocks that have fueled much of the S&P 500’s gains this year are headed into earnings season under intense pressure to deliver strong growth and justify their lofty valuations. Known as the “Magnificent Seven,” Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla, and Meta Platforms have an outsized […]
The abrupt closure of My Forex Funds, a significant player in the world of proprietary trading, continues to send shockwaves throughout the industry. The Commodity Futures Trading Commission (CFTC) made headlines last month after initiating legal proceedings against Murtuza Kazmi and his affiliated entities, collectively operating under the name “My […]
