Monthly Archives: July 2022

Investors should expect more earnings misses and weak guidance as companies struggle with slowing demand and looming recession risk, Bank of America says

A trader works during the Fed rate announcement on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2019. Reuters/Brendan McDermid Bank of America analysts are expecting a weak earnings season as result start rolling in this week.  Companies are facing headwinds from inflation, recession fears, and a strong…

6 takeaways from the massive debate about the SEC’s proposed new climate rule

Kazi Awal/Insider Gary Gensler, the chair of the SEC. Yuri Gripas/Reuters The SEC proposed a new rule regarding climate-risk disclosure in March. It asked the public to weigh in — and many large companies answered the call.  Here are the key takeaways. This article is part of the “Financing a Sustainable Future” series exploring how…

Liz Cheney resumes January 6 hearings by saying Trump is ‘not an impressionable child’

A transcript of a phone call between former U.S. President Donald Trump and Brad Raffensperger, Georgia Secretary of State, appears during the fourth hearing on the January 6th investigation. Kevin Dietsch/Getty Images The House Select Committee resumed its January 6 hearings on Tuesday. A hearing scheduled for Thursday night has been postponed. Rep. Liz Cheney…

The teen who tracks Elon Musk’s jets anticipated the Twitter deal would fall through: ‘He just kept talking the talk’

The Twitter logo seen displayed on a smartphone with Elon Musk’s account in the background. Getty Images Jack Sweeney said he “had a feeling” Elon Musk’s Twitter deal would fall through. The teen is known for tracking Musk’s private aircrafts on Twitter. Sweeney previously set up backup accounts in the event Musk shut them down…

NASA’s James Webb Space Telescope detects water vapor on hot, Jupiter-sized planet orbiting a distant star

The James Webb Space Telescope’s first deep field infrared image, released on July 11, 2022, shows galaxies more than 13 billion years old. NASA, ESA, CSA, and STScI NASA’s James Webb Space Telescope detected water vapor in the atmosphere of a distant planet. The planet is a hot, puffy gas giant orbiting very close to…