archiveChief Budget Officer Insider

The U.S. economy expanded at an annual rate of 3% in the second quarter of 2024, bolstered by strong consumer spending and robust business investment, according to an updated report released by the Commerce Department on Thursday. This revised figure marks an increase from the initial estimate of 2.8% growth...

Embarking on a road trip across the United States is the ultimate adventure, offering the freedom to explore diverse landscapes, experience vibrant local cultures, and uncover hidden gems along the way. Whether you’re dreaming of cruising along the iconic Route 66, winding through the scenic Blue Ridge Parkway, or discovering...

Xpeng’s Chairman and CEO, He Xiaopeng, has made a significant move to bolster investor confidence by increasing his stake in the company. As Xpeng’s controlling shareholder, He purchased 1 million Class A ordinary shares on the Hong Kong stock market between August 21-23, at an average price of HK$27.13 per...

Jensen Huang, the CEO of Nvidia, has skyrocketed to the 11th spot on the real-time billionaire rankings surpassing Mukesh Ambani, with his net worth now standing at a staggering $119 billion. This represents an extraordinary 2280% increase over the past five years, underscoring the rapid ascent of Nvidia, which has...

I was recently asked to work with the Year 12 (final year) students of one of Melbourne’s best secondary schools. As a time management specialist and global speaker I am not intimidated when it comes to taking to a stage - my usual crowd is full of seasoned business people,...

A recent survey by EcoOnline reveals that over 80% of U.S. companies are proactively developing net-zero programs ahead of any enforced climate legislation. This proactive approach signifies a shift from merely reacting to regulations to actively committing to sustainability. Leadership in Sustainability The survey highlights that 40% of companies have...

Bernard Arnault, the billionaire chairman and CEO of LVMH, has reclaimed his position as the third-richest person in the world, overtaking Meta founder Mark Zuckerberg. This shift in rankings comes as LVMH’s shares experience a multi-day surge, significantly boosting Arnault’s net worth. As of 11:20 a.m. EDT, Arnault's net worth...

Huawei has been developing a groundbreaking tri-fold device, and it appears they are set to be the first to bring this innovation to market. While Samsung, their closest rival, is also working on a similar concept, their version is not yet ready for release. As it stands, Huawei is poised...

PwC is significantly enhancing its AI capabilities with a $11.5 million investment over the next 12 months to establish a new AI Centre of Excellence. This initiative aims to assist Australian businesses in navigating the complexities of AI technology while also strengthening their global competitiveness. PwC announced that this multi-million...

Nick Hockley, the CEO of Cricket Australia (CA), has announced his decision to step down following the upcoming season, ending nearly 13 years with Australian cricket, including five years as CEO. Hockley is expected to step down around the end of March 2025, though the exact timing may vary depending...