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Spencer Platt / Getty Images There are good, bad, and ugly outcomes for the stock market as inflation continues to weigh, Charles Schwab warned. Though inflation is coming down, it could easily rebound if central banks begin cutting too soon. "This whipsawing pattern may support a continued environment of volatility and wide market swings as […]
RELATED STORIES Star Trek: Discovery is boldly going into its third season this week… but thanks to a game-changing time jump, it feels more like a maiden voyage. “In many ways, it was like doing a Season 1 show, because we were kind of starting over again,” Discovery executive producer and co-showrunner Michelle Paradise tells […]
Shutterstock The US Farm Bill passed on Wednesday legalizes hemp, a plant that’s roughly identical to marijuana and is a key source of highly touted wellness ingredient CBD. The bill defines hemp as an agricultural product for the first time and amends a major drug law that hadn’t been altered in 50 years. Experts said the […]
The Dow Jones Industrial Average surged more than 600 points, erasing its November decline, after Federal Reserve Chairman Jerome Powell eased investor worries about an aggressive increase in interest rates.
An unusual SpaceX launch will carry several startups’ satellites, some of which will jockey to provide dirt-cheap internet for earthbound IoT sensors. https://media.wired.com/photos/5bef6ff186ef9a0ff73f0154/master/pass/astrocast-signature-image.jpg
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In this edition of Star Wars Bits: A whole lot of leaks from The Mandalorian set Space Pirates attack the Platform in Star Wars Resistance Jabba the Hutt has a make out session with Venom Pedro Pascal leaves the galaxy far, far away before he enters it And more! Anyway, here's Venom making out with […]
As far as safety recalls go, this one’s pretty sizeable, and it impacts a company that’s seen a lot of money lost on safety recalls in recent years. Ford Motor Company has announced the recall of nearly two million examples of the world’s best-selling vehicle to prevent the seemingly unlikely occurrence of seatbelt-related blazes. The […]
A fight the CEO would have trouble winning, according to experts. https://media.wired.com/photos/5b71cb6251297c21002b4554/master/pass/ElonMusk-974773054.jpg
Chinese alternative asset managers have become the latest casualty of the country’s crackdown on debt and financial risk, with a record number of private equity and hedge funds dissolving in recent months as new regulations limit their fundraising. In the first six months of this year, the Asset Management Association of China (Amac) — a […]
