Slowdowns abroad and the dollar’s strength will help drive US inflation down, Goldman Sachs says

The Federal Reserve is aggressively hiking interest rates in a bid to tame soaring inflation. Carolyn Kaster/AP The global economic slowdown will help tame US inflation, according to Goldman Sachs. Central banks racing to hike rates to keep pace with the Fed could raise the odds of a severe recession, analysts said. The dollar’s surge…

Rivian sinks after the EV maker recalls 13,000 vehicles for potential steering-safety issue

Rivian manufacturing in Normal, Illinois Rivian Rivian dropped as much as 11% Monday after EV maker said it was voluntarily recalling 13,000 vehicles.  The company’s CEO said that fastener “may not have been sufficiently torqued” during production.  The recall affects nearly all of the vehicles Rivian has delivered year to date.   Rivian shares sharply dropped…

US stocks rise as investors gear up to assess corporate earnings and inflation data

Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images US stocks were mixed Monday after Wall Street’s major indexes gained ground last week.  This week will feature more earnings reports and the September inflation report.  The bond market is closed for the Columbus Day holiday.  US stocks edged higher…

The best gaming laptops for 2022

For a few years now, gaming laptops have been some of the most intriguing PCs around. They’ve gotten thinner and lighter, naturally — but they’ve also become vastly more powerful and efficient, making them suitable for both work and play. They’ve adopted some bold innovations, like rotating hinges and near desktop-like customizability. Gaming laptops are…