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Fed Declares Victory Over Inflation, But Will Public Sentiment Catch Up?

Fed Declares Victory Over Inflation, But Will Public Sentiment Catch Up?

by Capital Group | Sep 24, 2024 | Business, News

IntroductionThe Federal Reserve’s recent half-point interest rate cut signals confidence that inflation is under control after three challenging years. However, many Americans remain skeptical about the economy, according to a new poll by The Associated...
Cathay Pacific’s A350 Engine Defect Could Cause Serious Damage, Warn Hong Kong Investigators

Cathay Pacific’s A350 Engine Defect Could Cause Serious Damage, Warn Hong Kong Investigators

by Capital Group | Sep 19, 2024 | Business, News

Hong Kong aviation authorities have raised concerns about a potential engine defect in Cathay Pacific’s Airbus A350 fleet, which could result in extensive damage if not properly addressed. Earlier this month, Cathay grounded its entire fleet of A350 aircraft to...
“Michael Kors Addresses Modern Fashion Challenges in Antitrust Trial Amid TikTok and Celebrity Influences”

“Michael Kors Addresses Modern Fashion Challenges in Antitrust Trial Amid TikTok and Celebrity Influences”

by Capital Group | Sep 17, 2024 | Business, News

In a federal trial on Monday, renowned fashion designer Michael Kors shared insights into the growing difficulties of staying competitive in a world dominated by social media trends and celebrity endorsements. Kors pointed to platforms like TikTok and influencers such...
Biden’s Trade Crackdown Could Raise Shein and Temu Prices by 20%

Biden’s Trade Crackdown Could Raise Shein and Temu Prices by 20%

by Capital Group | Sep 14, 2024 | Business, News

Key Points: Prices on Shein and Temu may rise by up to 20% if the Biden administration closes the “de minimis loophole.” The loophole allows packages under $800 to avoid import duties and border scrutiny. Shein and Temu claim their low prices are due to...
“McDonald’s Extends $5 Value Meal Deal Until December Amid Inflation”

“McDonald’s Extends $5 Value Meal Deal Until December Amid Inflation”

by Capital Group | Sep 12, 2024 | Business

McDonald’s has announced an extension of its $5 meal deal through December, responding to customer demand and economic conditions. Details of the Deal The value meal, introduced in June, includes a McChicken sandwich or McDouble cheeseburger, small fries, 4-piece...
Apple Unveils iPhone 16 Without Mentioning ‘Artificial Intelligence’

Apple Unveils iPhone 16 Without Mentioning ‘Artificial Intelligence’

by Capital Group | Sep 10, 2024 | Business, News

Apple has unveiled the iPhone 16, its first AI-capable phone, but notably, the company avoided using the term “artificial intelligence” during the announcement. AI Integration in the iPhone 16 On Monday, CEO Tim Cook introduced the iPhone 16, featuring new...
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