Apple’s latest hearing health features, announced in September, will soon be available on the AirPods Pro 2 through a free software update. With these updates, users can take a clinically validated hearing test and enable over-the-counter hearing aid functionality if necessary. This move aims to tap into a global market…
Active Exchange Traded Funds (ETFs) are booming, with companies like JPMorgan, Goldman Sachs, and Global X fighting to gain market share in the industry. Data shows that these active funds, which often have a higher expense ratio than their passive peers, have taken over 70% of management fee income this…
GE Healthcare Technologies Inc (NASDAQ: GEHC) is in the spotlight today after unveiling new AI tools designed for oncologists. The medical technology company has launched a solution called CareIntellect, aimed at helping doctors efficiently sift through healthcare data, which is often overwhelming and contributes to burnout. However, Deutsche Bank is…
Federal Reserve Bank of Dallas President Lorie Logan said Monday that she sees more interest rate cuts ahead of the Fed’s policy meeting in November. “If the economy evolves as I currently expect, a strategy of gradually lowering the policy rate toward a more normal or neutral level can help…
At a recent event hosted by the 20-20 Investment Association, Roberto Campos Neto, the chief of Brazil’s central bank, expressed concern about the country’s rising inflation expectations. He emphasized the urgent need to return inflation to the objective of 3% and assured audiences of policymakers’ unwavering commitment to achieving this…
Sweden is set to implement a new policy that increases payments for immigrants who voluntarily leave the country, with incentives rising significantly by 2026. Under the plan, the current payment, capped at 40,000 Swedish kronor, will increase to a maximum of 350,000 kronor. The policy shift, announced in September 2024,…
The highly anticipated 2024 US presidential election between Republican candidate Donald Trump and incumbent Vice President Kamala Harris, representing the Democrats, is set for November 5. With the political stakes high and several critical events unfolding around the election, the timeline leading to Inauguration Day in January will be closely…
Car sales in Europe took a hit in September, marking the first consecutive monthly decline in over two years as the region’s economy remained sluggish and consumers cut back on spending The European Automobile Manufacturers’ Association reported a 4.2% drop in new-car registrations, totaling 1.12 million units compared to the…
HSBC has named Pam Kaur as its new Chief Financial Officer (CFO), marking a historic first in the bank’s 160-year history. Kaur’s appointment follows the leadership reshuffle that saw Georges Elhedery take over as CEO earlier this year. Set to assume her role on January 1, 2025, Kaur brings over…
Citi Research has raised its three-month forecast for gold prices, citing a weaker labor market in the US and more rate cut expectations by the Federal Reserve. The bank has raised its three-month forecast for gold to $2,800 per ounce from $2,700 per ounce previously. Additionally, the 6 to 12-month…