Share of new car buyers with a monthly payment of more than $1,000 hits record high
High prices and rising interest rates are causing an affordability problem for many car shoppers.
Fed officials see higher rates for ‘some time’ ahead
Policymakers expressed the importance of keeping restrictive policy in place while inflation holds unacceptably high.
JPMorgan’s top picks for 2023, including two stocks coming off their worst performances in decades
These are names the firm said are worth looking at despite the rocky year expected.
Paramount sued for $500 million over 1968 ‘Romeo & Juliet’ nude scene
Two stars of the 1968 film adaptation of “Romeo & Juliet” have sued Paramount Pictures for more than $500 million over a nude scene the actors shot as teens.
Meta fined over $400 million by top EU regulator for forcing users to accept targeted ads
The Irish Data Protection Commission fined Meta over $400 million Wednesday after finding its Facebook and Instagram services breached EU privacy rules.
PM Sunak promises to tackle Britain’s most pressing problems
Prime Minister Rishi Sunak promised on Wednesday to tackle Britain’s most pressing problems, from cutting inflation to ending illegal migration.
Dubai announces $8.7 trillion economic plan to boost trade, investment and global hub status
Dubai aims to double the size of its economy in the next decade and become one of the “top 3 economic cities around the world,” the ruler of Dubai tweeted.
French bakers allowed to renegotiate sky-high bills with the daily baguette under threat
Higher crop and energy prices left many of the country’s baguette-makers facing collapse.
China risks loom over U.S. tech giants Tesla and Apple as share prices plunge
Apple and Tesla are facing headwinds in China with concerns over consumer strength, which is contributing to investor jitters around the U.S. tech giants.
UK PM Rishi Sunak to propose compulsory math for students up to 18
U.K. Prime Minister Rishi Sunak will on Wednesday announce plans to force school pupils in England to study math up to the age of 18.
