Monthly Archives: October 2022

Economists predict home prices will fall, even if the US avoids a recession

An aerial view of an American neighborhood. Getty Images Soaring inflation has led to a slowdown in the US economy, though some measures stay strong. The Feds fight against inflationary pressure has greatly weakened housing activity.  It means US home prices are now on a downward trajectory even if the economy avoids a recession. There’s…

A Texas mom who took her family into the Capitol riot doubled-down on Trump’s election fraud lies as she asked a federal judge for leniency

Pro-Trump protesters gather in front of the U.S. Capitol Building on January 6, 2021 in Washington, DC. Jon Cherry/Getty Images A Texas family of 5 was sentenced Wednesday for taking part in the Capitol riot on January 6, according to CBS News reporter Scott MacFarlane. A federal judge said the Munn family’s trip on January…

This new $250,000 SUV has optional bulletproofing, a swanky Cadillac interior, and up to 690 horsepower — take a closer look

The Rezvani Vengeance. Rezvani The Rezvani Vengeance is a new $249,000 SUV based on the Cadillac Escalade.  It draws inspiration from both military vehicles and science-fiction video games. A Military Package adds on features like body armor, explosive protection, and night vision.  Deep-pocketed buyers looking to one-up their buddies’ Ferraris, Lambos, and Bentleys now have…

A Russian oil price cap will backfire on the global economy and the plan likely influenced OPEC’s production cut, Indonesian finance minister says

Indonesia, which is a net importer of petroleum, is one country that would likely be affected by the price cap and has avoided pledging its support. Nick Oxford/Reuters A price cap on Russian oil could backfire on the global economy, Indonesia’s finance minister warned. If a price cap is met with retaliation from Russia, it…

‘Quiet quitters’ coasting through work could be a prime target for layoffs as recession fears loom, labor experts say

Goldman Sachs announced last month that it would cut several hundred jobs, making it the first Wall Street firm to take steps to cut down on expenses after pausing layoffs for two years during the pandemic. Michael M. Santiago/Getty Images The job market is slowly shifting back in favor of employers, labor experts told Insider. …

Free-to-play Torchlight: Infinite’s open beta starts today

Torchlight: Infinite – a new free-to-play reimagining of the dungeon-crawling action-RPG series – has just launched its open beta on Android, iOS, and PC. Torchlight, if you’re unfamiliar, was originally the work of now-defunct developer Runic Games, which made two games in the series before its closure in 2017 – the sequel delivering a critically…

Edge Computing World Announced Winners of the Edge Awards 

Edge Computing World (ECW) is back in person at the Santa Clara Convention Center from October 11th to 12th, 2022. Yesterday evening, the conference hosted the Awards Ceremony where Topio Network, a next-generation business information provider and accelerator of high-tech markets, announced the winners of the Fourth Annual Edge Award 2022.  The awards recognize excellence…