Jobless Claims Jump, Soft PPI Lift Fed Rate-Cut Odds; S&P 500 Rises

Initial jobless claims jumped to their highest level since last summer, while core producer prices were unchanged, increasing the chances of a Federal Reserve rate cut in September. The S&P 500 fell in Thursday morning stock market action. X While the Fed’s new forecasts on Wednesday signaled the likelihood of a single rate cut this … Read more

Was this sea creature our ancestor? Scientists turn a famous fossil on its head.

Over the past 500 million years, vertebrates have evolved into a dizzying variety of forms, from hummingbirds to elephants, bullfrogs to hammerhead sharks, not to mention our unique species of great ape. But beneath all that diversity, vertebrates share some key features. We all have a spine made of vertebrae, for example, along with a … Read more

The United States grows more dominant among the world’s largest companies

With JPMorgan at the top of the list, the United States has extended its lead as the home of the world’s largest companies according to the annual Forbes Global 2000 ranking. Strong US markets are to be commended. from Hank TuckerForbes Staff WAs Americans continue to grapple with high grocery prices and the highest mortgage … Read more

iOS 18 adds control center options to the action button on the iPhone 15 Pro

The iPhone 15 Pro and iPhone 15 Pro Max models have an Action button instead of the Ring/Silent switch on older iPhones, and iOS 18 makes it even more useful. iOS 18 allows the Action button to be assigned to one of dozens of controls available in the new Control Center gallery, allowing the Action … Read more

Tesla’s share price reflects doubts about outlook under Elon Musk

Tesla’s shareholder vote on Elon Musk’s pay is in some ways a referendum on the performance of the company and its chief executive. Late on Wednesday, Mr Musk claimed victory in a social media post, saying votes in favor of his pay package were leading by a “wide margin”, giving Tesla shares a boost. But … Read more

Starship launch plan at Kennedy Space Center prompts environmental comments

SpaceX's Starship takes off for its fourth test flight on the way to creating jumbo rockets that can fly astronauts to the Moon and even Mars.

SpaceX officials hope to soon launch and launch the massive 492-foot-tall Starship-Super Heavy rocket up to 44 times a year at NASA’s Kennedy Space Center. But 40-year Titusville resident Susan Palma fears further development on the Cape risks further disrupting the natural water flow and salinity of the endangered Indian River Lagoon. She attended an … Read more

Nasdaq pops as investors shun Fed, Tesla rallies ahead of Elon Musk pay decision

U.S. stocks traded mixed on Thursday, with the S&P 500 holding close to its record high as investors weighed the dual pull of cooling inflation and a Federal Reserve retreat on interest rate cuts. The S&P 500 (^GSPC) fell below the flat line as the benchmark hit 5,400 to close at a new all-time high. … Read more

Mars gets hit by intense solar storms as epic as Earth: ScienceAlert

In recent weeks, the Sun has become so noisy that the Earth is constantly bombarded with radiation and particles emitted by the explosions of solar plasma. But Earth is not the only planet affected by solar storms. At only 1.5 times Earth’s distance from the Sun, Mars has also been buffeted by large outflows of … Read more

Stock Market Today: Live Updates

Don’t be fooled. Stocks look uniformly stronger, until you check under the hood For a stock market that continues to hit all-time highs in the S&P 500 and the Nasdaq Composite, market breadth – which measures the number of stocks that are rising and falling or the relative improvement (or deterioration) in a share wide … Read more

The potentially dangerous asteroid NASA is currently most concerned about

While standing on planet Earth, it’s easy to forget that we’re sitting on a rock hurtling through the Solar System on a path that might collide with other (smaller) space rocks, mostly because we can’t feel that motion. If you ever feel like putting yourself completely at the mercy of random space rocks, we recommend … Read more