New rules have China private education firms bracing for a hit
Changes sent shockwaves across China’s $120bn private tutoring sector, leading to a huge sell-off in listed firms. China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in...
Tesla posts record profits, offers muddy outlook for batteries, Cybertruck
Tesla Inc (TSLA.O) posted a bigger second-quarter profit than expected on Tuesday thanks to higher sales of its less-expensive electric vehicles, as it raised vehicle prices and cut costs. Tesla CEO Elon Musk, however, said a global chip shortage that led to temporary...
Levy: Is the Government Creating Warriors or Parasites?
“Hard times create strong men, strong men create easy times, easy times create weak men, weak men create difficult...
Bitcoin’s price rises above $40,000 for first time in over a month
Bitcoin’s price rose above $40,000 on Monday, representing the first time the market has moved above that level since mid-June. At press time, the cryptocurrency is trading at $40,085 on Coinbase, up more than 17% in the past twenty-four hours. As noted in the...
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