$1.9bn fall in horror month for Aussie ETFs

Australia’s exchange traded fund (ETF) industry has endured a dreadful run, down $1.9 billion month-on-month. Here’s why and who’s defining the trend. Economic volatility has caused a hit to the Aussie ETF industry, which dropped in value in April, reflecting falls in global equity markets, according to Betashares latest monthly report. As Australians anticipated the … Read more

The baby formula shortage is getting worse

New York CNNBusiness — For months stores nationwide have been struggling to stock enough baby formula. Manufacturers say they’re producing at full capacity and making as much formula as they can, but it’s still not enough to meet current demand. The out-of-stock rate for baby formula hovered between 2% and 8% in the first half … Read more

Eargo 6: a modern adaptable hearing aid

CNN — Hearing aids have traditionally gotten a bad rap: clunky, tinny, inconvenient and expensive. As a result, millions of Americans who suffer from hearing loss have come to expect a poor hearing aid experience as par for the course. But as innovation brings continual improvements to everything from the smartphones in our pockets to … Read more