Up to 3,200 jobs are to go at Goldman Sachs as part of the biggest restructuring efforts at the company since the global financial crash. The US-based multinational financial services company and investment bank is embarking on a series of ...
British and European manufacturers are slowing down production of electric vehicles because they are too expensive for the vast majority of motorists, an industry body has said. The Advanced Propulsion Centre, which disburses taxpayer money to push the automotive industry ...
Microsoft is weighing up a second investment in the developer behind the advanced ChatGPT chatbot, this time for $10 billion. OpenAI, a company based in San Francisco, received $1 billion from Microsoft in 2019 and in November its artificial intelligence ...
The concept of risk provides us with an excellent opportunity to bridge between formal economic theory and personal business experience. Economics provides us with rigorous understanding of risk and uncertainty and the distinctions between them and their various types. But ...
The average UK price for a litre of petrol has fallen below 150p for the first time since the outbreak of war in Ukraine. The AA said that a litre of petrol typically cost 149.74p on Monday, its lowest since ...
In recent years, it has become popular in parts of conservative discourse to discuss the “Brazilianization of America,” a reference to the challenges a large country faces in governing an increasingly multicultural “universal nation.” But this weekend, it was the ...
The belief that a free market economy needs an authoritarian state to support it is mistaken. Mises said it best when he wrote that “freedom is indivisible.” Original Article: “Authoritarianism Is Not Compatible with Economic Progress: Freedom Is Indivisible” This Audio ...
In this year’s first episode of StockCharts TV’s Sector Spotlight, I look at the current state of sector rotation, then walk through all 11 sector charts to make an assessment on their individual (relative) trends and their near-term support and resistance ...
Legislators have a strange relationship with magic. To achieve that which physically cannot be done, they like to wave magic wands and pretend that it can. Reality puts a limit on political power, a realization that always sits poorly with ...
Public health agencies tend to be treated like authoritative sacred cows. In reality, they have politicized health policies to the point where they really are a health hazard. Original Article: “The Case for Disbanding Public Health Agencies” This Audio Mises Wire ...