Monday , 20 April 2026

Recent Posts

Pinterest latest firm drawn into US culture wars

Bloomberg An effort by the social media company Pinterest to limit the spread of medical conspiracy theories blocked one of the most prominent anti-abortion groups in the US from sharing its content on the site. And it’s put the social media company squarely in the middle of today’s culture wars. The anti-abortion organisation, Live Action, and conservative activist James O’Keefe …

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‘GM, Fiat Chrysler are Tesla’s secret source of cash’

Bloomberg For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to US consumers. These sorts of transactions have largely been shrouded in secrecy — until now. General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they reached agreements …

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Fed not likely to go aggressive on interest rate cut this year

Bloomberg The Federal Reserve will likely cut interest rates this year but not nearly as aggressively as investors expect, according to a Bloomberg survey of economists. Respondents to a June 7-12 poll saw policy makers lowering rates by a quarter point this year. That’s a meaningful shift since March — when economists anticipated a hike in September — reflecting a …

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