Bert Foster

While some innovative cabin concepts envision the overhead locker area as a space for relaxation, this is not currently a reality for passengers. Climbing into an overhead locker is strongly advised against due to safety concerns. Passengers risk injury if they encounter turbulence or fall out of the locker, and they would also not…

President Joe Biden has announced that tariffs on electric vehicles (EVs) imported from China will quadruple from 25% to 100%. This move is aimed at protecting American manufacturers from what the White House calls China’s unfair trade practices. The decision follows investigations into allegations that heavily subsidised Chinese products are flooding European and US…

Goldman Sachs has announced the hiring of two investment bankers, Kerry Burke from Evercore and Eddie Rubin from Lazard, as part of their push to expand their business in advising on deals valued under $2 billion. The unit, named Cross Markets Group (CMG), was established in 2019 to increase Goldman’s share of fees from…

In April, retail sales in the United States remained unchanged from the previous month, as consumers continued to grapple with rising inflation and the impact of increased interest rates. This contrasted with recent months, where retail sales had shown steady growth. Analysts had predicted a 0.4% increase in spending during this period. Excluding sales…

According to Compass Group, the world’s largest food catering firm, Mondays are now just as busy as Thursdays in office canteens in both the United States and Britain, following the return of many global companies implementing hybrid working policies. This trend is attributed to efforts by companies to entice workers back to the office…

Despite the ongoing retirement savings crisis in the US, there seems to be little indication that it is forcing people to delay their retirement or continue working full-time into old age. According to research by economists at the Federal Reserve Bank of New York, retirement-age full-time employment expectations have decreased since the pandemic, with…

According to the latest information, SoundHound AI (SOUN) is a specialist in conversational AI technologies that has caught the attention of Nvidia. Nvidia disclosed in a recent SEC filing that it purchased stakes in several AI-related companies, with SoundHound AI being the most successful investment so far. SoundHound AI’s stock has risen by 160%…

Based on the provided article and updated information, it is not recommended to buy Plug Power stock due to several factors. While the company is exposed to a potentially massive growth market in hydrogen demand, its ability to benefit from this market is uncertain. The company has a history of missing financial targets, has…

According to recent reports and data from the Federal Reserve, American households are experiencing financial strain as credit card debt levels continue to rise amid rising inflation and interest rates. In the first quarter of 2024, credit card and auto loan delinquencies reached record highs, with 8.9% of credit card balances transitioning into serious…

In the latest development, gold prices have risen ahead of crucial US inflation data that could provide insight into the Federal Reserve’s future interest rate decisions. As of 10:25 a.m. GMT, spot gold had increased by 0.6% to $2,372.71 per ounce. This follows a narrow trading range over the past few weeks, during which…