Written by 
Labor has promised to slash 20% off all student loan debts if elected, wiping around $16 billion of debt for about 3 million Australians. Under a new system, the remaining debt would be repaid with no compulsory repayments for people earning less than $67,000 a year. Both measures would need parliamentary approval, but is this […]
The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy. In a follow-up to September’s big half percentage point reduction, the Federal Open Market Committee lowered its benchmark overnight borrowing rate by a quarter percentage point, or 25 […]
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales. Source link
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. In a move that was widely anticipated, the Federal Reserve has cut the federal funds rate by 0.25 percentage points, to a new target range of 4.50% to 4.75%. Thursday’s rate cut comes after […]
The tax cuts on “premium liquor” have some claim to be the most inconsequential part of the recent policy speech by Hong Kong’s leader. Photo by Chris F on Pexels.com Liquor in this context means the hard stuff: whisky, gin, etc. Premium means the most expensive versions of the hard stuff. Even the government announcement […]
His company, which operates payments service Square, money transfer app CashApp, and music streaming platform Tidal, plans its second round of successive layoffs in December, two employees familiar with the plans told Fortune. The date of the cuts is currently set for next week, as well as the week of December 3, one of the […]
House prices could be set for a tumble. Source link
The new laws effectively ban Unrwa from operating in Israeli territory and will make it harder for the agency to lead the humanitarian response to the war in Gaza. Source link
LONDON (Reuters) -Top Adidas (OTC:) shareholder Groupe Bruxelles Lambert has cut its stake in the German sportswear company to 3.51%, Adidas announced in filings on Tuesday. GBL, the investment holding company for the billionaire Frère and Desmarais families, had announced on July 31 it had cut its stake to 5.1% from 7.6%. Adidas shares had […]
With the Warhammer Vermintide 2 Versus mode just around the corner, developer Fatshark details a major update that will make the game more fun for all players, old and new, whether they’re playing the PvP mode or not. We’ve seen a lot of love for the 40k side of the coin in 2024, but now […]