For the first time since smartwatches hit the market, global shipments have fallen, marking a 7% decline in 2024, according to Counterpoint Research. While Apple remains the industry leader, it wasn’t immune to the slowdown, with Apple Watch shipments dropping 19% year-over-year—one of the most significant declines among major brands. Why Are Smartwatch Sales Slipping?…
The Bank of Canada is expected to lower interest rates for the seventh time on Wednesday as the country braces for a trade war that, if not resolved quickly, will drive the economy into a recession. Economists and markets predict policymakers, led by Governor Tiff Macklem, to lower the policy interest rate to 2.75%, the…
On Tuesday, Elon Musk launched his appeal to reinstate his $56 billion Tesla payout, arguing that a lower court judge made many legal mistakes in rescinding the record settlement. The 2018 compensation package resulted in phenomenal growth for the electric car firm. Still, Musk said that the lower Court of Chancery ruled that it was…
President Donald Trump put a 25% tax on metal imports. The decision is anticipated to hike prices for US automakers, solar panel producers, and other businesses, potentially hurting the economy. President Trump’s massive tariffs on foreign steel and aluminum went into effect on Wednesday, increasing America’s trade wars with global competitors, including close friends already…
A critical inflation data is scheduled to be revealed this week, and Wall Street is holding its breath. Investors are eager to see if inflation is finally slowing down after a difficult market period or if the Fed may need to maintain higher interest rates for an extended period. The S&P 500 is still under…
Altera, a global leader in field-programmable gate arrays (FPGAs), is pushing ahead with major innovations even as questions swirl about its future ownership. With Intel exploring a potential sale of a majority stake in Altera as part of its ongoing restructuring, the future of the FPGA powerhouse is in flux. Despite this uncertainty, the company…
Martin Lewis claimed This is massive,” as he revealed how you might increase your state pension by thousands – but you must act quickly. Mr Lewis, 52, told viewers that ‘raising your state pension’ by purchasing National Insurance (NI) years ago is the most ‘lucrative’ thing people can do with their money. “After April 5,…
As tech stocks took a beating this week, Cathie Wood’s Ark Invest saw an opportunity—snapping up millions of dollars’ worth of shares in some of the biggest names in the market. While major tech firms lost a staggering $750 billion in value, Wood stayed true to her strategy of investing in disruptive innovation, adding to…
Apple has officially expanded its iPhone lineup with the iPhone 16e, a more affordable alternative designed to bring powerful performance at a lower price point. Priced at $599 in the U.S., £599 in the U.K., and €699 in Europe, the iPhone 16e aims to provide a high-quality Apple experience while cutting costs by removing certain…
Following the merger of Virgin Money, more than 12 million Nationwide members will receive a £50 payout a piece. The Nationwide, the UK’s largest building society, billed the money as a “thank you” to its members, costing £600 million. However, there was criticism that the same members were not allowed to vote on Virgin Money’s…