As the son of strict Asian parents, Eugene Cheng did the unthinkable when he ditched his law career to clean other people’s dirty sneakers full-time. But six years on, he has no regrets as he’s laughing all the way to the bank. At the helm of The Sneaker Laundry, the innovative […]
finance
A growing number of Australians are turning to credit cards to navigate the challenges posed by escalating living costs, new research shows. At least 15% of Australians, equivalent to 3 million people, have resorted to obtaining a credit card in the past 12 months, according to data released by comparison […]
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 […]
About 1 in 4 Australians are still waiting to be paid back for money lent to friends over the past 12 months as the cost of living crisis worsens, experts say. New research by Finder, Australia’s leading comparison website, sheds light on a widespread issue affecting 4.9 million Aussies who […]
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 […]
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 […]
