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Australian borrowers in good shape to weather higher interest rates

Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ.  The Reserve Bank of Australia has hiked the official cash rate six times in a row …

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Ex-Apple and Tesla exec gives tips for building successful business

The opportunity to work for not just one but two tech giants was “very rewarding” for Sukemasa Kabayama.  After a seven-year stint at Lego Japan, he became Apple’s director of education and launched the use of the iPad in Japanese schools.  Then came an opportunity Kabayama said he “couldn’t pass …

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Elon Musk now in charge of Twitter, CEO and CFO have left, sources say

SpaceX Chief Engineer Elon Musk takes part in a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. Adrees Latif | Reuters Tesla CEO Elon Musk is now in charge of Twitter, CNBC has learned. Twitter CEO Parag …

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Apple (AAPL) earnings Q4 2022

Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share.  However, Apple came up short versus revenue expectations in core product categories including the company’s iPhone business and services.  Apple shares rose over 1% in extended trading. Here is how Apple did versus …

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U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive

The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing recession fears, the Bureau of Economic Analysis reported Thursday. GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized pace for …

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The 5 most in-demand freelance jobs employers are hiring for right now

Freelancing is on the rise, and it shows no signs of slowing.  Some 60 million U.S. residents identify as contract, freelance, temporary or gig workers, and by 2027, freelancers are expected to become the majority of the U.S. workforce, according to Upwork, a freelance job platform.  The Covid-19 pandemic caused …

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Ye escorted out of Skechers LA office after he showed up unannounced

Ye, formerly known as Kanye West, was escorted out of the Los Angeles office of shoemaker Skechers, the company said Wednesday afternoon, as the fallen rapper and fashion mogul continues to face fallout from his recent antisemitic remarks. Ye showed up unannounced and was escorted out of the building by …

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South Korea GDP saw small growth in Q3, backed by ‘revenge spending’

SeongJoon Cho | Bloomberg | Getty Images Even as the global economy is headed into a recession, South Korea’s economy saw a small growth backed by what one analyst attributed to “revenge spending” as the country reopens. Gross domestic product rose 0.3% for the July-September period, according to Bank of …

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Google, Temasek, Bain report on Southeast Asia digital economy in 2022

Two women using their mobile phones at Raffles Place, the central business district area of Singapore. Nicky Loh | Bloomberg | Getty Images SINGAPORE — South East Asia’s top digital economies grew faster than expected in 2022 and is set to reach $200 billion in total value of transactions made …

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Covid symptoms differ based on vaccination status: ZOE Health Study

Covid infections come with dozens of different potential symptoms, ranging from mild fatigue to strange ones like “Covid tongue.” Which ones will you personally experience if you get infected soon? It depends on your vaccination status, suggests the ZOE Health Study, a joint project between health science company ZOE and researchers …

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