Month: March 2022

General Clarifies US Not ‘Currently Training’ Ukrainian Forces in Poland

General Tod Wolters, head of the United States European Command and NATO’s Supreme Allied Commander Europe, appeared to walk back President Joe Biden’s remarks that the United States is training Ukrainian forces in Poland. “I do not believe that we are in the process of currently training military forces from Ukraine in Poland,” Wolters said…


Here’s How Analysts View Apple’s Latest Products, Services

Analysts tried to gauge the impact of Apple Inc’s products and services. Apple is exploring subscription offerings for its hardware products as early as late 2022 or 2023. Morgan Stanley analyst Katy Huberty saw that the average Apple user spent $280 on hardware and added $69 to Apple Services revenue in 2021, implying, Apple users spent slightly less than $1…


Apple Stock Rises for 10 Consecutive Sessions: First Time Since 2010

Apple stock continues to rise as the company reached a significant milestone for the first time since 2010 when it was still riding on the heels of the iPhone’s initial launch success. The company experienced a small increase in share price on Monday which solidified ten consecutive sessions of the stock rising. This milestone signals a…


Tightening US Labor Market Underpins Consumer Confidence Despite Soaring Inflation

WASHINGTON—U.S. consumer confidence rebounded from a one-year low in March amid growing labor market optimism, but rising interest rates as the Federal Reserve battles raging inflation could hurt motor vehicle purchases and crimp consumer spending. The labor market continues to favor workers, with other data on Tuesday showing job openings hovering near record highs in…


What Your Parents Never Taught You About Money

By David Delisle So, where do we even start? The idea of teaching financial literacy can seem overwhelming. Just the words, financial literacy, can bring up images of complicated math, charts, and boring lectures. Well, that’s the good news. Financial literacy doesn’t have to be difficult to teach. In fact, the most important lessons don’t…


Elon Musk Invokes Rapper Eminem in Opposing SEC Decree

NEW YORK—Elon Musk on Tuesday likened himself to the rapper Eminem in seeking to throw out his 2018 agreement with the top U.S. securities regulator requiring the Tesla Inc chief executive to obtain preapproval for his tweets. In a filing in federal court in Manhattan, Musk also renewed his effort to quash a U.S. Securities…


Blinken Assures UAE Leader of US Defence Help Over Houthi Attacks, Iran

RABAT—U.S. Secretary of State Antony Blinken sought to assure Gulf monarchies on Tuesday that Washington is determined to help them fend off attacks from the Iran-aligned Houthi group in Yemen. Blinken met with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, de facto ruler of the United Arab Emirates, in Morocco as part of…


Australian Family Businesses to Receive Tax Relief for Going Digital

Small businesses, which are the heart of the Australian economy and local communities, employing nearly eight million Australians, will be able to save nearly $1.6 billion (US$1.2 billion) on their tax bills for going digital and training workers in the latest federal budget. The tax break consists of two parts, the first being a $1…


Former Yale School of Medicine Employee Pleads Guilty to Stealing Over $40 Million From University: DOJ

A former Yale School of Medicine employee has pleaded guilty to stealing $40 million from the University which she used to splash out on expensive cars, real estate, and holidays, the U.S. Department of Justice announced. Jamie Petrone, 42, pleaded guilty on March 28 in federal court in Hartford, Connecticut, to one count of filing a false tax return…


Blue Origin’s 4th Astro-Tourism Flight Set to Launch Without Big Names

The fourth commercial flight of Jeff Bezos’ space tourism venture Blue Origin, offering short suborbital joyrides to well-heeled thrill-seekers and celebrity guests, has been delayed by two days because of poor weather conditions, the company said. Blue Origin’s New Shepard spacecraft was scheduled for liftoff on Tuesday from the company’s launch site in rural west…