Money Moves

Tesla shareholders have affirmed their support for Elon Musk, despite his controversial public persona and fluctuating relationship with former President Donald Trump. They recently approved a $1 trillion compensation plan that could position Musk to become the world’s first trillionaire, contingent upon achieving ambitious company goals. These include increasing Tesla’s market value from approximately $1.4 […]

National Savings and Investments (NS&I) has recently increased interest rates on its fixed-term savings accounts, contrasting with a general trend of declining rates across the savings market. The adjustments, which range up to 0.31 percentage points, are most substantial for the five-year accounts. On the same day, the Bank of England announced that it would

The flow of semiconductor chips from China to the European automotive industry may soon resume following an agreement reached between U.S. President Donald Trump and Chinese President Xi Jinping. This deal reportedly addresses the recent tensions between the Netherlands and China regarding the export of critical automotive components. The dispute initially arose when the Dutch

Rightmove, a property listing website, recently announced plans to increase its investment in artificial intelligence (AI), which has led to a significant decline in its share price. The company has adjusted its profit growth forecasts for the upcoming year to account for the expected expenses related to this investment, among other initiatives aimed at enhancing

Thousands of oil workers in the North Sea face a requirement to lose weight to maintain their offshore flying status, as new regulations set to take effect in November next year are established by Offshore Energies UK (OEUK). The body’s guidelines state that workers must adhere to a maximum clothed weight of 124.7 kg (19.5

A U.S. government directive has led to significant cuts in commercial air traffic amid an ongoing government shutdown, impacting major airports nationwide and forcing travelers to alter their plans. The Federal Aviation Administration (FAA) stated that these reductions are essential to ensure safety in air traffic control during the longest recorded federal shutdown, which has

In recent discussions regarding air travel in the United States, concerns have arisen about the potential cancellation of 10% of air traffic at 40 airports. This situation is linked to a significant government shutdown that has affected the operational capabilities of essential air travel staff, who are reportedly working without pay. The Federal Aviation Administration

In a recent cartoon by Stephen Collins, a humorous take illustrates a situation involving peas, sparked by an ongoing conversation about the potential of artificial intelligence (AI). The cartoon playfully hints at the idea that even peas, typically viewed as simple vegetables, can become part of a dialogue surrounding advanced technology and its implications. The

The upcoming budget from Chancellor Rachel Reeves is expected to reflect a limited set of options influenced by existing debt and borrowing constraints. Analysts suggest that Reeves may focus on either reducing benefits for those unable to work, increasing taxes on working individuals facing financial struggles, or slightly raising taxes on high-income earners who do

ITV has announced that it is in preliminary discussions regarding the potential sale of its television business to Sky for £1.6 billion. The negotiations are centered on ITV’s Media and Entertainment division, which encompasses its TV channels and the ITV X streaming service. This development occurs amidst growing competition in the television industry from streaming