British households are on course for the deepest living standards squeeze in a century, with real household disposable incomes expected to fall by 10% this year and the next. The warning comes in a new report by the Resolution Foundation, which said that real earnings are falling at their fastest rate since 1997, meaning that
Month: August 2022
US stocks have registered their weakest August performance since 2015. By Wednesday’s close, according to preliminary data, the Dow Jones industrial average had fallen just over 4%, the tech-rich Nasdaq was down 4.64%, and the S&P 500 had fallen 4.24% over the month. For the day, the Dow was down 0.88%, the Nasdaq was down
We’re buying 35 shares of Danaher (DHR) at roughly $270.33 each, and selling 25 shares of Pioneer Natural Resources (PXD) at roughly $254.87. Following Wednesday’s trades, Jim’s Charitable Trust will own 485 shares of Danaher, increasing its weighting in the portfolio to 4.5% from 4.19%, and 125 shares of PXD, decreasing its weighting in the
Two weeks after announcing its O² roadster concept would see scaled production as the Polestar 6, the EV automaker has announced that all 500 slots of its “LA Concept” edition are all spoken for. Even though its scheduled launch remains four years away, the appetite for the Polestar 6 is strong. In addition to bringing
In this article TM TSLA VOW-DE A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images Automotive giant Toyota said Wednesday it would invest an extra $2.5 billion in a U.S. facility that
In this article SNAP Snap shares rose as much as 15% after it confirmed reports it will cut 20% of its more than 6,000-person workforce and said it will scrap several projects, including its Pixy photo-taking drone and its lineup of Snap Originals premium shows. CEO Evan Spiegel announced the moves in a memo Tuesday,
BrewDog has announced it will close six of its pubs, blaming spiralling costs and a “clueless government”. The craft beer firm will shut the Hop and Anchor in Aberdeen, Smithfield Market Arms in London, Hop Hub in Motherwell and its BrewDog bars in Dalston, east London; Old Street, east London; and Peterhead, Scotland. James Watt,
Aug 31, 2022 In the NHL, business is about to pick up. General managers are heading back to their offices and starting to work the phones again with agents. At least one team is assembling its coaching staff this week to begin prep for training camp, which begins around Sept. 21. This is good news
As the cost of living crisis puts a strain on families, people are increasingly turning to an unlikely place for help: TikTok. Budget recipes, energy saving hacks (such as showering at the gym), saving money on a food shop, and cutting back on food waste are some of the videos going viral on the platform.
The Moon has specific areas that never receive sunlight, regions that are located in areas of ‘permanent shadow’. These dark regions include the sunken floors of impact craters that remain shadowed and are extremely cold. Scientists believe that these sites, devoid of sunlight, might prove to be fruitful if explored — due to the possibility of
NASA’s James Webb Space Telescope (JWST) has revealed a fascinating phenomenon after it captured an image of a star located around 5,600 light-years away in detail. The image from the telescope depicts the star surrounded by what researchers suspect are concentric circles of light radiating outward. The star, in the image, is a binary pair of rare stars
NASA’s Voyager 1 spacecraft, which has been exploring our solar system for more than four decades now, was found to be sending distorted data to the mission controllers on Earth. Now, engineers have managed to determine the cause of the problem and have successfully fixed it. The team encountered the issue last year when the
Combining techniques of nanotechnology and optics, researchers at the Bar-Ilan University in Israel have developed nanometric diamond particles that could be used for medical and cosmetic remedies through the skin. In the paper published in the scientific journal ACS Nano, the researchers also claimed the development of a safe laser-based optical method, which is capable
A writer and photographer who was conned out of money by the fake heiress Anna Delvey is suing Netflix over the way she was depicted in a hit series based on the scammer’s story. Rachel DeLoache Williams is a former friend of Delvey, whose real name is Anna Sorokin, a German woman convicted of posing
Soviet leader Mikhail Gorbachev had a “huge impact on the course of world history” who found his “own solutions to urgent problems”, Vladimir Putin has said. Expressing his condolences to his family, the Russian president said in a statement: “He led our country during a period of complex, dramatic changes, large-scale foreign policy, economic and
The Queen will receive the new prime minister at her Balmoral estate in Scotland for the first time in her long reign. Her Majesty will meet either Liz Truss or Rishi Sunak on 6 September, a day after one of them is announced as the winner in the race for 10 Downing Street. She would
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