Intel’s discrete Arc GPUs have been the subject of a lot of speculation recently, including that the company might be shaping to cease its effort on this front – or at least cut them back substantially. However, this is not the case, a top Intel exec has made clear on Twitter. If you missed this…
Monthly Archives: September 2022
An Uber car. Jakub Porzycki/NurPhoto via Getty Images Uber agreed to pay New Jersey $100 million in back taxes. New Jersey demanded $650 million in back taxes in 2019, saying the company had misclassified drivers as contractors. Uber has historically maintained its drivers are contractors rather than employees. Uber has agreed to hand over $100…
Uranium prices have soared this year as the global energy crisis drives up bets on nuclear power. Katie Walton-Day/US Geological Survey/AP Uranium prices have risen to trade close to the highest level hit since Russia invaded Ukraine. Europe’s energy crisis is fuelling bets on nuclear power, driving up uranium demand. Prices could rally again by…
All eyes are on the Federal Reserve as it gears up for another likely 75-basis-point rate hike at its meeting next week. Mortgage rates started increasing in late August as members of the Federal Open Market Committee — the committee that determines the Fed’s monetary policy — have indicated they’ll continue to act aggressively until…
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Student loans may allow people to bridge the gap between what they…
August’s Consumer Price Index data will have key implications for the Fed’s next move. Today, I’m breaking down what to look out for — and sharing what I learned from some of the sector’s best and brightest market-watchers. The data is out at 8:30 a.m. EDT, so let’s get started. This post first appeared in…
An abandoned Russian tank pictured in a village on the outskirts of Izyum in eastern Ukraine, on September 11, 2022. Juan Barreto/AFP via Getty Images The Russian troops forced to retreat in Ukraine had a big reputation, UK intel said. The UK named the 1st Guards Tank Army army among those who ceded vast parts…
NASA administrator Bill Nelson said Elon Musk’s SpaceX was “poo-pooed” by critics. Graeme Jennings-Pool/Michael Gonzalez/Getty Images NASA’s Bill Nelson told Newsweek that critics “poo-pooed” SpaceX when it was bidding for the agency’s crew programs. Yet, SpaceX has accomplished a lot, compared with Boeing, he said. NASA has awarded SpaceX with 14 missions and Boeing with…
China’s been buying up discounted Russian liquefied natural gas, or LNG — the supercooled version of natural gas that can be transported on tanker ships. VCG/Getty Images Some traders in China are reselling non-Russian LNG cargoes to Europe at high prices. They then restock with Russian LNG bought at steep discounts amid sanctions and boycotts….
President Donald Trump returns to the White House from playing golf in Washington, DC on November 7, 2020, after Joe Biden was declared the winner of the 2020 presidential election. ANDREW CABALLERO-REYNOLDS/AFP via Getty Images President Donald Trump returns to the White House from playing golf in Washington, DC on November 7, 2020, after Joe…
