The Fed is raising interest rates, but there’s another tool that it hopes will help crush inflation and deflate market bubbles

Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017. Joshua Roberts/Reuters The Fed has ratcheted up interest rates this year, but that’s only half of its approach to fighting inflation and taming frothy markets.  Quantitative…

Class of 2023 rejoice: Companies are ramping up hiring of new college grads as experienced workers are harder to find amid the labor shortage

Paul Bradbury/Getty Images The labor market is still tight, but employers are ready to hire from the pool of new college graduates. One survey of employers found that they plan to hire 14.7% more ’23 graduates than the preceding class. Roles in industries that have been hit hard by the Great Resignation are also easier…

Electric cars won’t just solve tailpipe emissions — they may even strengthen the US power grid, experts say

A Tesla Model S at a charging station in New York. Bruce Bennett/Getty Images Millions more electric vehicles on the road could make the US power grid more resilient.  An innovation called vehicle-to-grid technology, or V2G, lets EVs supply electricity to the grid in times of need, but it’s still in early stages.  Someday, EVs…

Elon Musk is a ‘brutalist decision-maker’: Twitter employees are flooding Blind with bad reviews

Twitter laid off nearly half of its workforce on Friday. Getty Images Twitter employees are posting bad reviews about the company and Elon Musk on anonymous forum Blind. One person called Musk a “brutalist decision-maker”. Another said he has “no idea” what he’s doing. Posting on the day the layoffs were announced, one user said…

Xbox boss calls StarCraft “seminal” and says he’s “excited about getting to sit down with the teams”

Xbox boss Phil Spencer says “what could happen” with older Activision Blizzard franchises like StarCraft is “pretty exciting”. Asked what could be on the horizon should Microsoft’s acquisition go ahead, Spencer added that he was “excited about getting to sit down with the teams at Activision and Blizzard and King to talk about back catalogue…

Oakywood Slim Charging Pad makes charging your mobile devices as easy as possible

Charge your mobile devices effortlessly from your desk with the Oakywood Slim Charging Pad. Coming in a classic wooden disc-shaped design, this charging pad can sit anywhere on your desk. Additionally, the charging speed automatically adjusts to the smartphone model through automodulation. It can actually go up to 15W. All you have to do is…

A scientist’s quest for an accessible, unhackable voting machine

Enlarge / Juan Gilbert demonstrates his transparent voting machine, which he says is a breakthrough in election security. (credit: Lawren Simmons for Undark) In late 2020, a large box arrived at Juan Gilbert’s office at the University of Florida. The computer science professor had been looking for this kind of product for months. Previous orders…