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President Joe Biden tried to deliver a Thanksgiving gift for US drivers on Tuesday, announcing the country’s largest-ever release of stored oil in a bid to drive down petrol prices. It was a striking move for a leader who put climate change at the centre of his legislative plan, and as a candidate said the

A silver fern, New Zealand’s floral emblem, greets passengers at Sydney Airport © Loren Elliott/Reuters New Zealand said on Wednesday it would reopen its borders to fully vaccinated Australian residents from January 16 2022, allowing entry by citizens of both countries. Arrivals will no longer need to spend 14 days in government-mandated quarantine, said Chris

You can contribute to a Roth IRA after filing your taxes and you don’t even need to amend your return to do so. If you’ve ever used online software to file your taxes, you may have noticed a question that pops up: “Have you made or do you plan to make contributions to a Roth IRA for

President Joe Biden has announced the release of oil from the US’s strategic stockpile in an attempt to drive down petrol prices and snuff out a crude market rally that the administration has said poses a threat to the global economic recovery. The president on Tuesday authorised the release of 50m barrels of oil —

In this article RKLB A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Rocket Lab CEO Peter Beck was once confident that his company would never reuse its rockets like Elon

Apple is suing NSO Group Technlogies, the Israeli military-grade spyware manufacturer that created surveillance software used to target the mobile phones of journalists, political dissidents and human rights activists, to block it from using its products. The iPhone maker’s lawsuit, filed on Tuesday in federal court in California, alleged that NSO, the largest known Israeli

The railroad industry is one of the major components of the transportation sector and is closely tied to the economy’s growth. Railroad companies operate vast networks that transport agricultural products, packaged foods, commodities, electronics, and other goods to companies and consumers. Major companies in the industry include Union Pacific Corp. (UNP), Norfolk Southern Corp. (NSC),

The AstraZeneca vaccine can help stave off serious Covid-19 illness in older people for longer, according to the head of the Anglo-Swedish pharmaceuticals company, as he noted that the UK has had fewer hospitalisations than Europe recently. The vaccine developed by AstraZeneca and Oxford university has been used extensively across the UK, where the number

The Turkish lira suffered a historic retreat after President Recep Tayyip Erdogan praised a recent interest rate cut and declared that his country was fighting an “economic war of independence”. The currency, which is down more than 40 per cent against the dollar this year, plunged as much as 15 per cent on Tuesday —

Retirement planning is a multistep process that evolves over time. To have a comfortable, secure—and fun—retirement, you need to build the financial cushion that will fund it all. The fun part is why it makes sense to pay attention to the serious—and perhaps boring—part: planning how you’ll get there. Retirement planning starts with thinking about

Click here to listen to the latest news in less than three minutes. Top Stories Today is an audio news digest that gets you up to speed on the day’s top headlines. Listen every weekday by clicking here. Home buyers in England received a £6.4bn tax break from the stamp duty holiday introduced after the

The SpaceX Falcon 9 rocket and Crew Dragon capsule on launch Pad 39A at NASA’s Kennedy Space Center on November 09, 2021 in Cape Canaveral, Florida. Joe Raedle | Getty Images The leadership of SpaceX’s rocket business has been shaken up, CNBC has learned, as two vice presidents have parted with the company. The changes

Key Takeaways The number of Zoom customers contributing over $100,000 in trailing-12-month revenue surpassed analysts’ estimates. Large-contract customers contributing more than $100,000 in annual revenue are usually a more stable source of revenue than smaller-contract customers. Zoom expects Q4 FY 2022 adjusted EPS of between $1.06 and $1.07 on approximately $1.1 billion of revenue. Zoom

In this article ASTR The company’s rocket LV0007 lifts off from Pacific Spaceport Complex in Kodiak, Alaska on November 20, 2021. Astra Shares of rocket builder Astra surged in trading on Monday after the company reached orbit for the first time over the weekend. The company’s rocket LV0007 launched from the Pacific Spaceport Complex in

Elizabeth Holmes, the Theranos founder accused by US prosecutors of defrauding hundreds of millions of dollars from investors, has taken the stand in her own criminal trial, telling jurors: “We thought this was a really big idea.” The defence made the surprise move to call the 37 year old to the stand last week, giving her

Star Wars Stormtrooper helmets made by artists including Sir Anish Kapoor and David Bailey have been photographed and sold as non-fungible tokens (NFT) without their consent, with images selling for millions of pounds in total on Monday. Curator Ben Moore took photographs of some of the helmets from a project called Art Wars, created by more

Bitcoin has not only been just a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, but has become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. Key Takeaways A cryptocurrency, broadly defined, is a form of digital token or “coins” that exist on a

European stocks fell on Monday, after edging lower in the previous session as surging Covid-19 cases led several countries in the bloc to reimpose pandemic restrictions. Europe’s Stoxx 600 share index was down 0.2 per cent in early afternoon dealings. The regional gauge closed 0.3 per cent lower last Friday, taking its weekly decline to

The writer is a science commentator There is always a touch of Hollywood about a rocket launch, but the Nasa mission due to leave Earth this week is more dramatic than most. The mission, to slam a spacecraft into an asteroid to knock it off course, is a dummy run for a strategy that might

When you’re selling or refinancing your home, it probably will be appraised to determine its current market value. The appraiser will look at factors such as square footage, materials, amenities, and condition, and evaluate these factors against comparable properties, or “comps,” that have recently sold in the area. The appraisal process is meant to be

High-rise apartment buildings at China Evergrande Group’s under-construction Riverside Palace development in Taicang, Jiangsu province, China, on Friday, Sept. 24, 2021. Qilai Shen | Bloomberg | Getty Images Asian high-yield bonds have been a hot favorite among institutional investors for the last few years. Also known as junk bonds, they are non-investment grade debt securities

Brussels plans to crack down on a patchwork of national arrangements that allow banks outside the EU to sell services into the bloc, dealing a blow to lenders in London that rely on the arrangements to cushion the impact of Brexit. The proposal would stop almost all cross-border selling from non-EU countries into the bloc’s

One scoop to start: Legal and General Investment Management, the UK’s largest asset manager, will stop giving almost all direct feedback to companies on their executive pay, after finding its responses were ignored most of the time. Read the full story here McKinsey: a culture of crises Working for US opioid manufacturers, insider trading by

Individual retirement account (IRA) growth depends on many factors. It relies heavily on the amount of money invested and how much risk the investor will assume, which shapes the types of investments included in the account. Making regular contributions to the account also has a dramatic effect on the performance. How Contributions Affect Growth One big

KKR has launched a more than €33bn offer to take Telecom Italia private in what would be one of the largest private equity buyouts of a European company in history. In a statement issued after a board meeting on Sunday, Telecom Italia said the US buyout fund had offered €0.505 a share in cash —

Chileans will cast their ballots on Sunday in the first general election since mass anti-government demonstrations two years ago, with voters leaning towards extremes as they reject the political establishment. The elections, which will probably go to a run-off in December, are seen as a referendum on the Chilean economic model that has delivered some

Regardless of whether you’re 25 or 55, saving for retirement is a wise financial strategy. Everyone will face retirement at some point, either by choice or necessity. Whether you are on track for retirement savings or need to play catch up, or you’re a financial advisor who wants to give clients a leg up on

In this article GM WIX NFLX SQ NVDA The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Earnings season is drawing to a close, and companies have offered investors and analysts insight into their plans for growth in the coming

In Freudian psychoanalysis, neurotic behaviour is the manifestation of repressed feelings. In the EU’s obsession with codified rules, it is politics that is being repressed. That is why the newly relaunched debate on the bloc’s fiscal rules is going to be difficult. The current fiscal framework satisfies no one. Deficit countries find its discipline too

The Bank of England will have to raise interest rates if the economy evolves as expected, but the situation is “febrile”, with data giving a mixed picture, according to the central bank’s governor. Andrew Bailey’s comments over the weekend suggest that a rise in interest rates at December’s meeting of the Monetary Policy Committee is