The majority of cloud developers are now using Kubernetes and containers as part of their daily operations, according to new research from Civo which found 51% of those are doing so. Of those deploying Kubernetes, 57% of the 1,000 cloud developers surveyed said they had seen an increase in the amount of Kubernetes clusters running…
Jerome Powell chairs the Federal Reserve. Yuri Gripas/Reuters The Federal Reserve’s staff economists said there’s a major risk of a US recession next year. They flagged tepid consumer spending, foreign headwinds, and tighter financial conditions. The economists join a long line of experts warning the US is headed for a painful downturn. The Federal Reserve’s…
Win McNamee/Getty Images; Hollis Johnson/Insider Many companies have reported record profits over the past year. It’s led some economists and politicians to accuse companies of fueling inflation. These profits might not last, however, as many CEOs see signs of customers tightening their belts. While tech companies like Twitter and Meta are struggling, many US corporations…
A TSA agent at LAX. Brady MacDonald/Insider An estimated 25 million seats are expected to fly over the Thanksgiving holiday period this year. Many people are likely to bring leftover food with them on their flight home. Here’s what the Transportation Security Administration says can be carried on and what must be checked. Each year,…
The collapse of FTX and Alameda Research has shocked the crypto world. OLIVIER DOULIERY/AFP via Getty Images Alameda’s former co-CEO used poker and blackjack strategies in crypto trading, Bloomberg reported. Trabucco frequently and publicly revealed how much he applied what he learned from his time at card tables to the crypto market. Trabucco hasn’t publicly…
Elon Musk and the president of the EU, Ursula von der Leyen. Gotham/FilmMagic; Dursun Aydemir/Anadolu Agency via Getty Images Twitter has closed down its office in Brussels, the home of the EU, per the Financial Times. Its digital policy chiefs, who had been working to comply with new misinformation laws, left the company last week….
Sen. Lisa Murkowski of Alaska. AP Photo/J. Scott Applewhite GOP Sen. Lisa Murkowski held onto her Senate seat in Alaska, despite opposition from Trump. Trump-backed rival Kelly Tshibaka conceded the election on Wednesday. The race is the latest in a string of failed Trump endorsees in the midterms. Republican Sen. Lisa Murkowski held onto her…
urbazon/Getty Images Roughly half a million fewer 20- to 24-year-olds are in the labor force now versus pre-pandemic. It’s taken time for Americans of all ages to return to work, but older Gen Zers are most lagging. It may all have to do with how Gen Z views a job versus a side hustle or…
Peter Thiel was a backer of GloriFi. Marco Bello/Getty Images An “anti-woke” bank backed by Peter Thiel is closing down just three months after it was founded. GloriFi attracted $50 million in investment from conservative backers last year. An executive blamed “reputational attacks” and “multiple negative stories” for its demise. A bank that promoted itself…
Tesla CEO Elon Musk. Alex Kantrowitz Analysts aren’t souring on Tesla despite a market rout that erased nearly $700 billion in value from its peak a year ago. In fact, even a noted Tesla bear upgraded the stock, saying it has likely bottomed. “We believe the year-to-date pullback has balanced out the near-term risk/reward,” Citi…