Mortgage rates in US highest since 2009
In order to restrict inflation, the US Federal Reserve will be raising the federal funds rate by half a percentage point.
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Hong Kong’s economy shrinks under impact of COVID closures in Q1
Despite the Economy shrinking by 4% in the First Q, there are signs of recovery aided by pro-active policies of the government.
Airbus registers 1.2-billion-euro profit; will build more A320s
Airbus revenue rose 15% from a year earlier, to 12 billion euros.
Employers in US post record 11.5 million job openings in March
In March, a record 4.5 million Americans quit their jobs.
Snap launches flying camera called Pixy
It comes with a camera that helps people take selfies without having the need to use a selfie stick.
London firm lets lawyers work from home in return for 20% salary cut
Stephenson Harwood is one of the top 50 highest-earning legal firms in the UK.
Amazon’s Astro raises questions about device privacy
The robot comes with cameras, sensors, and an onboard AI which helps it in collecting & processing information. It is also aided by ALEXA.
Elon Musk may remove all bots from Twitter
One of biggest pet peeves of Musk is to remove all the bots from the social media platform.
Indonesia’s central bank cuts 2022 economic growth
The central bank has kept the benchmark of the seven-day reverse purchase rate at 3.50 per cent.
Netflix loses subscribers due to password sharing
Over 100 million households are using the service by sharing their passwords.