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Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals
Australia’s treasurer projects weaker economic growth and higher unemployment in December’s budget update, as economists warn of difficult months ahead amid rising interest rates and inflation pressures.
The real reasons US politicians are getting older
US politicians are aging significantly, with many serving into their 80s while younger candidates struggle to gain traction. A 27-year-old Gen Z Republican is among the few young candidates running for Congress.
Trump Administration Wants to Stop an Almost-Complete Offshore Wind Project
The Trump Department of Interior has sought court review of Revolution Wind, an offshore project that completed construction and began supplying electricity to New England residents.
Texas Researchers Say Permian Wastewater Could Cool AI Data Centers
University of Texas researchers propose using treated wastewater from oil and gas operations in the Permian Basin to cool artificial intelligence data centers, potentially addressing water scarcity concerns.
Trending COVID 19 News
Trump signs order to remove endangered species status for grey wolves
Trump signed an executive order to remove endangered species protections for grey wolves and Mexican wolves, potentially allowing ranchers to kill them to protect livestock, though conservation groups warn of risks to recovery efforts.
Chimpanzees once used for vaccine research get health checks as part of long-term care
Chimpanzees previously used in hepatitis B vaccine research in Liberia are receiving comprehensive health evaluations at a sanctuary to monitor their long-term well-being.
401(k) rollovers can be costly — and irreversible. What to know before moving your money
Millions of workers roll retirement funds from 401(k) plans to IRAs annually, but mistakes can be costly and often irreversible. Financial advisors warn of pitfalls including higher fees and limited ability to reverse the decision.
The post-penny economy: How cash rounding and credit card surcharges are changing what you pay
The end of penny production and rising credit card swipe fees are reshaping how much consumers pay at checkout, with cash rounding and surcharges becoming more common across retailers.
Child trust fund firms face review over efforts to find who owns £1.5bn worth of pots
The FCA is reviewing child trust fund providers over efforts to trace owners of £1.5bn in unclaimed accounts, urging young people to use free tracing services rather than paying claims management companies.
Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation
Xpeng shares fell over 9% in Hong Kong after the Chinese EV maker issued weaker-than-expected third-quarter delivery guidance, though its robotics unit secured a $6.3 billion valuation.
Marvell shares tumble 6% as outlook underwhelms despite 37% revenue growth
Marvell Technology shares declined 6% following second-quarter results that exceeded guidance, as its raised fiscal 2028 outlook of around $18 billion failed to satisfy investor expectations.
A Record Renewables Quarter Powers The Andersons (ANDE) Higher
The Andersons reported second-quarter net income of $57 million, or $1.65 per diluted share, driven primarily by record renewable fuels segment results and strong operational performance.
Central Garden & Pet (CENT) Raises Guidance Even As Sales Slide
Central Garden & Pet raised its full-year profit outlook despite reporting an 8% decline in net sales to $882 million for the fiscal third quarter, driven by margin expansion and a pending European acquisition.
Biohaven (BHVN) Cashes In On Its Biggest Epilepsy Bet
Biohaven licensed its lead epilepsy drug opakalim to SK Biopharmaceuticals in a deal valued up to $795 million, providing $400 million in near-term cash to offset significant quarterly losses.
Chemours (CC) Enters the AI Cooling Market with New Refrigerants
Chemours launched two new refrigerants designed for data center cooling to address heat loads from AI infrastructure, offering both low-emissions and transitional options for different customer needs.
Helios Technologies (HLIO) Drives Its Electronics Growth Story Off-Road
Helios Technologies expanded its No Roads platform with Apple CarPlay and Android Auto integration for boats and off-road vehicles, alongside raised full-year guidance and significant Electronics segment margin expansion.