Girl using mobile phone against colored backgroundKlaus Vedfelt | Digitalvision | Getty ImagesGen Z is increasingly proving to be the entrepreneurial generation, with the majority wanting to set up their own business — but one expert warns it might not be as straightforward as they think.Some 75% of Gen Z — the generation born between 1996 and 2012 — have ambitions to “be their own boss,” and have no intentions of working a 9-to-5 job for the rest of their career, a survey of 2,000 British adults by Santander UK found.Additionally, 77% are confident about their ability to launch and…
Author: usaeverydaylife
A man walks past a monitor showing the stocks curves outside the Taiwan Stock Exchange in Taipei on May 12, 2021.SAM YEH | AFP via Getty ImagesPro-Russian hackers reportedly crashed the Taiwan Stock Exchange website on Thursday, according to local media reports.At 3 p.m. Taiwan time, the stock exchange said “a large number of foreign IPs launched invalid queries” on its network, resulting in “unstable service for a short period of time.”The network returned to normal at 3:22 p.m. local time. The exchange added that the securities market and related businesses are “operating normally without any impact.” Taiwan’s markets close…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailBooking Holding’s CEO Glenn Fogel told CNBC’s Monica Pitrelli that he isn’t against regulations, like the European Union’s Digital Markets Act, but that he wants “rules to apply to everybody equally.” Source link
Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia’s high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models.Speaking to CNBC on Thursday, a top official at the Saudi Data and AI Authority, Abdulrahman Tariq Habib, said the kingdom expected to make such a stride in the next year.”I think within the next year,” Habib, Deputy CEO of SDAIA’s strategy management office, told CNBC’s Dan Murphy after being asked about a potential timeline. It’s a significant expectation given that the United States’ strict export controls have thus far prevented the chips’ export…
The two-member Pac-12 is starting to rebuild, beginning with four Mountain West schools.Boise State, San Diego State, Colorado State and Fresno State will join the conference in 2026, the Pac-12 announced on Thursday. The schools will officially join on July 1, 2026.After conference realignment decimated the Pac-12 and left it with just Oregon State and Washington State, the league had few options. NCAA bylaws provide conferences with a two-year grace period to get back to a minimum of eight members. Adding these four brings the league up to six for the 2026 season, and the momentum of that move could…
Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024. M. Scott Brauer | Bloomberg | Getty ImagesMore than 30,000 Boeing workers were set to strike Friday, halting production of most of the company’s aircraft after staff rejected a new labor contract.It’s a potentially costly development for the manufacturer that has struggled to ramp up production and restore its reputation following safety crises.Workers in the Seattle area and in Oregon voted against a tentative agreement that Boeing and the…
Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.Ashlee Espinal | ReutersFormer New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.”I think there’s a strong case for 50, whether they’re going to do it or not,” he said at the Bretton Woods Committee’s annual Future of Finance Forum in Singapore.He said rates were currently 150-200 basis points above the so-called neutral rate for the U.S. economy, where policy is…
The question that Miami Dolphins wide receiver Tyreek Hill raised Sunday evening, hours after his face was planted on a Miami street and the knee of a Miami-Dade police officer was planted in his back, continues to echo.“What if I wasn’t Tyreek Hill?” the five-time All-Pro wide receiver asked.No doubt, Hill viewed himself as lucky. He left with nothing more than perhaps a few bruises and scrapes after yet another display of excessive force by law enforcement against a Black person. He played in Sunday’s 20-17 win over the Jacksonville Jaguars, and he’ll play again Thursday at Hard Rock Stadium…
Investors are ignoring two major risks to the market, according to Vahan Janjigian, chief investment officer at Greenwich Wealth Management. The first is the U.S. national debt, he told CNBC’s ” Street Signs Asia ” last week. “I think another major risk that investors are ignoring is the massive amount of debt in the United States and the growing debt, and you know, perhaps more importantly, the cost of servicing that debt,” he said. “The U.S. can’t get spending under control. It keeps running larger deficits and funding them with ever more borrowing,” he added. Interest payments incurred on the…
Japanese former Defense Minister Shigeru Ishiba speaks during a press conference at the Foreign Correspondents’ Club of Japan on Sept. 6, 2024 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesFormer defense minister Shigeru Ishiba is corporate Japan’s top choice to replace Prime Minister Fumio Kishida, edging out Sanae Takaichi, who strives to become the nation’s first female premier, a Reuters survey showed on Thursday.The ruling Liberal Democratic Party is set to hold an election on Sept. 27 to pick its next leader who will become the prime minister given the party’s control of parliament. Kishida will not run in the race.The winner will be tasked with leading the LDP to victory in a lower house election that could take place as early as this year and working closely with the next president of key ally the United States amid China’s…