Elon Musk noted that he believes inflation might finally be trending down based on Tesla commodity prices. The CEO has previously said that he would be waiting for that to start reducing the prices of Tesla vehicles. Over the last few years, the inflation rate has been hitting record highs that we haven’t seen in
In this article XOM A floorhand operates a Chevron oil drilling rig near Taft, California. Chip Chipman | Bloomberg | Getty Images Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boost operations, and as the oil giants keep their spending in check. Chevron reported earnings of $11.62
Will Smith has apologised to Chris Rock over his infamous Oscars slap – in his first in-person statement about the incident. In a reel released on his Instagram account, the actor said he had been “doing a lot of thinking and personal work” since the Oscars and was “trying not to think of myself as
7:00 AM ET Georgia’s 2021 national title was obviously a victory for Bulldog fans around the country, but it was also a victory for fans of defense. The prior two national champions in college football — LSU in 2019, Alabama in 2020 — won primarily because of nearly perfect offensive systems. Both ranked first in
In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Shares of Amazon jumped more than 12% on Friday, a day after the company posted stronger than expected second-quarter revenue and gave upbeat
At least 15 people have been killed after flash flooding in eastern Kentucky following a series of storms. Torrential rains have devastated the area, with its governor Andy Beshear declaring a state of emergency in six counties. “We are currently experiencing one of the worst, most devastating flooding events in Kentucky’s history,” he said. “Hundreds
With so much fog surrounding the prospects for the UK economy, results statements from the country’s main commercial banks this week were an ideal opportunity to make sense of things, as the big lenders tend to have a good idea of what is happening on the ground. The overall picture painted – and this is
The “origin of life” is a subject that scientists have invested an unparalleled amount of time and resources in to understand it better. How life emerged from non-living molecules continues to be a much-debated topic. But now, scientists at Scripps Research may have found something to shed light on the subject. Scientists have discovered a
Sky News has caught up with former deputy chief whip Chris Pincher, who was instrumental in Boris Johnson’s downfall. Last month, Mr Pincher resigned his post after he was accused of groping two men in a private members’ club. It later emerged he had already been investigated for his conduct three years ago. The PM’s
CNN’s Donie O’Sullivan visits Arizona and speaks with Republican voters at competing Trump and Pence events. #CNN #News
6:00 AM ET PHILADELPHIA — Trainer Anthony Tumbarello didn’t know if Philadelphia Eagles quarterback Gardner Minshew was serious at first when he told Tumbarello he wanted to live in a bus outside of Tumbarello’s gym in Bonita Springs, Florida, this offseason. But sure enough, on Feb. 20 following a few weeks of cross-country travel, Tumbarello
In what could revolutionise the way ultrasound imaging is performed, engineers have developed a stamp-sized sticker that sticks to the skin and provides continuous ultrasound imaging. Currently, this is done using sophisticated and heavy equipment that requires specialised technicians. These ultrasound machines provide live images of the heart, lungs, and other organs. However, they are
Rebekah Vardy has lost her Wagatha Christie case against Coleen Rooney. Vardy attempted to sue her fellow WAG for defamation, but a High Court judge has ruled that Rooney’s Instagram post outing Vardy for leaking stories to The Sun newspaper was true. Vardy said Judge Justice Steyn “got it wrong” with her ruling, adding that
Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the same time, the amount of money being deposited into accounts plummeted, as concerns grow about the rapidly increasing cost of living. Consumer credit, which includes borrowing on credit cards, overdrafts, personal
Footage which appears to show Russian soldiers pinning a Ukrainian prisoner of war to the ground before cutting off his genitals has sparked outrage in Ukraine. Ukrainian MP Inna Sovsun tweeted to say she was banned by Twitter after posting the clip on the social media platform. Once she had regained access to her account,
The UK’s competition watchdog is investigating Asos, Boohoo and George at Asda over claims about the sustainability of their products. The Competition and Markets Authority said it would examine the eco-friendly and sustainability claims made by the three businesses about items including clothing, footwear and accessories. In January the CMA started to look at sustainability
British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but blamed Heathrow for its current “operational challenges”. IAG chief executive Luis Gallego said the group’s best performing airlines were Iberia and Vueling, which were boosted by a recovery in the Spanish domestic market and routes to Latin
Now that the US Senate has an agreement on the reform of the federal tax credit for electric vehicles, it looks like it might finally happen after roughly two years of work. Though it’s still pending a vote. But it does bring up an interesting question: Will it make EV sales crash until the end
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) at the U.S. Capitol in Washington, December 15, 2021. Elizabeth Frantz | Reuters Environmental groups reacted with surprise after U.S. Senate Democrats struck a deal
In this article AMZN An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Earlier this week, Walmart and Best Buy both lowered their profit outlook for the second quarter and full year, setting off alarm bells