The Reserve Bank of New Zealand (RBNZ) is widely expected to raise the Official Cash Rate (OCR) by 25 basis points (bps) from 2.25% to 2.50% on Wednesday, snapping a three-consecutive-meeting pause. Economists are deeply divided about how the Kiwi central bank will proceed this time after the last decision to…
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Netflix is leaning into snack-sized content as it seeks to claw viewing time from YouTube.The streaming giant is bringing more short videos to its app as part of licensing deals with major publishers, including BuzzFeed Studios, Condé Nast, Hearst Magazines, Penske Media, and People Inc., Netflix said Tuesday. Starting in early August, subscribers can watch videos ranging from 3 to 20 minutes from brands like Bon Appétit, Cosmopolitan, The Hollywood Reporter, Variety, and Vogue.Netflix has…
When my college friend invited me to Sweden for her 30th birthday, I didn’t hesitate…
BNY’s Geoff Yu cites European Central Bank (ECB) Governing Council member Fabio Panetta, who describes…
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Rafael Nadal, 40, says constant self-doubt and competing against tennis’s greatest players made him a better athlete.On Monday’s episode of Bloomberg’s “Leaders with Francine Lacqua” podcast, the tennis legend spoke about the mentality that kept him going throughout his tennis career.”I always had doubts, and for me, the doubts are…
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Four states are seeking $1.4 trillion in penalties from Meta over claims that the social media giant designed Facebook and Instagram to be addictive to children and withheld information from the public about the harms the apps pose to young users, Meta said in a court filing on Monday. The case is being brought…
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Michael Burry hit back at President Donald Trump after the US leader jeered at short sellers on Monday.Speaking at a White House luncheon to mark the launch of Trump Accounts, Trump hailed the “hottest stock market in history” and pondered aloud whether anyone wasn’t enjoying the ride.”I guess you have…
