Personal Finance

"It has only been one year that we have had main bank term deposit rates at, or over, 6%. In hindsight, it hasn't lasted very long."

by David Chaston

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"By reducing income and raising house prices, New Zealand’s tax and pension system delays home ownership and raises rents."

by Andrew Coleman

Pat Gelsinger

Intel Lunar Lake

Tech stalwart Intel in a tailspin; huge layoffs and cost cuts ahead

Unable to capitalise on AI, chip giant Intel will shed 15,000 staff and cut costs by US$10 billion

2nd Aug 24, 11:06am

by Juha Saarinen

Unable to capitalise on AI, chip giant Intel will shed 15,000 staff and cut costs by US$10 billion

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