Fed chair Jerome Powell has spoken out in favor of aggressive interest rate hikes to bring inflation under control. Kevin Dietsch/Getty Images The Federal Reserve’s aggressive rate hikes have the world’s central banks scrambling to keep up. A strong dollar puts others in a lose-lose: fight inflation and slow growth, or allow prices to continue…
There’s another space-proven private launch company in the club — Firefly Aerospace. The company’s small payload Alpha rocket reached orbit successfully early on Saturday morning after taking of from Vandenberg Space Force Base in California. This is a major achievement for Firefly, which has been a lot to get here: The company originally began operations…
Whether it’s the best of times or the worst of times, Twitter keeps on going, buddy. It is a never-ending, always-updating beast of a social platform. You cannot stop it. So, anyway, people tweeted this week. They tweeted a lot. And, as per usual, we collected the absolute best and funniest posts and compiled them…
The need to learn how to save the world from an asteroid might seem like a no-brainer, but planetary defense missions have had a hard time gaining government support — deemed too expensive for years. Planetary scientist Andrew Cheng, who works at Johns Hopkins Applied Physics Laboratory in Maryland, put the D in NASA‘s DART…
A neighborhood remains flooded after Hurricane Ian in Florida, on September 29, 2022 . Gerardo Mora/Getty Images The full damage of Hurricane Ian is being assessed, but one firm estimates it could be one of the costliest storms in US history. CoreLogic, a research firm, predicts total losses will be between $28 billion and $47…
Woman sleeping. Stokkete/Shutterstock A study found that those who transitioned to a four-day workweek gained an hour of sleep per night. Sleep deprivation among those who participated fell from 42.6% to 14.5%. The four-day workweek has been a rising topic among top business executives recently. A new study suggests that those who have a four-day…
An abortion rights protester speaks through a megaphone at a rally in Columbus, Ohio, after the United States Supreme Court ruled in the Dobbs v Women’s Health Organization abortion case, overturning the landmark Roe v Wade abortion decision, June 24, 2022. REUTERS/Megan Jelinger Documents filed to the Ohio Supreme Court chronicle the impact of the…
Purple is the first new M&M’s character in a decade. Mars Wrigley M&M’s is adding Purple to its cast of characters in the first change for a decade. Candymaker Mars Wrigley said the new member represents “inclusivity” and “acceptance”. Purple has “self-awareness” and is releasing a song that will generate charitable donations. The maker of…
The Toy Insider Many shoppers will be hunting for deals this holiday season as high inflation persists. Toy Insider, a toy reviews site, said it expects shoppers to pay up to 15% more on toys and games this year. The site released a list of predictions for the hottest toys of 2022 that cost less…
Wang Ying/Xinhua via Getty In the early 2000s, J. Crew was widely considered one of America’s most beloved brands. But by the 2010s, sales had started lagging. J. Crew filed for bankruptcy in 2020. Now, the company is under new leadership and is poised for a resurgence. It’s been a tumultuous ride for J. Crew…