Tesla needs to get cracking on a cheaper car. The electric vehicle maker said Friday it plans to cut about 7 percent of its workforce, which by the last company headcount would equal about 3,100 jobs. The plan is to cut costs and get closer to making the $35,000 Model 3 the company has been […] Read more
The U.S. economy slowed in the third quarter a bit more than previously estimated, but the pace was likely strong enough to keep growth on track to hit the Trump administration’s 3 percent target this year, even as momentum appears to have moderated further early in the fourth quarter. Gross domestic product increased at a […] Read more
Prime Minister Theresa May was grappling with the biggest crisis of her premiership on Friday after a draft divorce deal with the European Union provoked the resignations of senior ministers and mutiny in her party. More than two years since the United Kingdom voted to leave the EU in a shock referendum, it is still […] Read more
Consumer spending in advanced economies seems to be on the upswing, buoyed by healthy economic activity and improved labor markets. However, rising tariffs and slow real-wage growth could play spoilsport. Consumers in advanced economies appear to be back with a bang. In the United States, personal consumption expenditure grew 4.0 percent (at a seasonally […] Read more
When it comes to ambitious developments, Dubai is a name to reckon with. It takes the lead in conceiving and bringing amazing projects – such as the world’s biggest natural flower garden, Burj Khalifa, the world’s tallest tower and a lavish underwater luxury hotel – to life in quick time. Given the city’s huge appetite […] Read more
Reversing all its opening losses, Jet Airways made a sharp comeback in the morning trade on Friday, as shares surged over 11 per cent to Rs 356.60 apiece on BSE. In the opening deals, the stock tanked nearly 7 per cent to hit a low of Rs 299.75 apiece. Shares of Jet Airways on Thursday […] Read more
We usually perceive and reach to the world around us not as a constant value but rather the differentiation between two value. This perception is true for other physical elements like speed, acceleration, pressure, temperature and even emotions. I call it the Δ Effect (the Delta Effect). This is not a Physics lesson but rather […] Read more
“Republicans Aren’t Bragging About the Economy Tax cuts? Job growth? Nah. GOP candidates prefer scary stories about immigrant crime.” We shouldn’t all be surprised that GOP candidates not relying on economical achievement of the Trump’s administration. Election are won on the negative aspect of the current issues and not the positive part of it. Campaign […] Read more
