Fed Governor Bowman eyes ‘similar size’ rate hikes after three-quarter point moves

Fed Governor Bowman eyes ‘similar size’ rate hikes after three-quarter point moves

Federal Reserve Bank Governor Michelle Bowman delivers her first public remarks as a federal lawmaker at an American Bankers Association conference in San Diego, California, on February 11, 2019. Ann Sapphire | Reuters Federal Reserve Governor Michelle Bowman said Saturday that she supports the central bank’s recent large interest rate hikes and believes they are … Read more

Berkshire Hathaway BRK earnings Q2 2022

Berkshire Hathaway BRK earnings Q2 2022

An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stall during Berkshire Hathaway Inc’s first in-person annual meeting since 2019 in Omaha, Nebraska, USA, April 30 of 2022. Scott Morgan | Reuters Berkshire Hathaway’s operating profit rose in the second quarter despite fears of slowing growth, but Warren Buffett’s conglomerate … Read more

The US economy has yet to face its biggest recession challenge

The US economy has yet to face its biggest recession challenge

A person removes a pump nozzle at a gas station on July 29, 2022 in Arlington, Virginia. Olivier DouliĆ©ry | AFP | fake images It would be difficult now to find a recession in the rear view mirror. However, what follows down the road is another story. There is no historical precedent that indicates that … Read more

During the latest Taiwan crisis, China’s military was outmatched by US forces. Not now.

During the latest Taiwan crisis, China’s military was outmatched by US forces.  Not now.

Three French-made Mirage 2000 fighter jets roll on a runway in front of a hangar at Hsinchu airbase on August 5, 2022. China has held its largest-ever military exercises around Taiwan despite U.S. condemnation, Japan and the European Union. . Sam Yeh | AFP | fake images The last time tensions flared between Beijing and … Read more

California DMV says Tesla FSD, Autopilot marketing is misleading

California DMV says Tesla FSD, Autopilot marketing is misleading

New Tesla cars sit in a parking lot at a Tesla showroom on June 27, 2022 in Corte Madera, California. justin sullivan | Getty Images News | fake images The California Department of Motor Vehicles accused Tesla of engaging in deceptive practices surrounding the marketing of its driver assistance systems, which are called Autopilot and … Read more

Polio case in New York is the ‘tip of the iceberg’, hundreds could be infected

Polio case in New York is the ‘tip of the iceberg’, hundreds could be infected

Digitally generated image of the 3D molecular model of the polio virus Calysta Images | tetra images | fake images Hundreds could have polio after an adult in the New York City metro area contracted the virus and became paralyzed last month, the state’s top health official said this week. New York State Health Commissioner … Read more

Cloudflare Q2 2022 Earnings Send Stocks Soar

Cloudflare Q2 2022 Earnings Send Stocks Soar

Cloudflare Co-Founder and CEO Matthew Prince speaks on stage at TechCrunch Disrupt Berlin on December 12, 2019 in Berlin, Germany. Noam Galai | Getty Images Entertainment | fake images Cloudflare shares rose as much as 27% on Friday, after the content delivery network and security provider announced second-quarter results and full-year guidance that beat analyst … Read more

Bed Bath & Beyond discontinues private label Wild Sage as it tries to improve sales

Bed Bath & Beyond discontinues private label Wild Sage as it tries to improve sales

A person enters a Bed Bath & Beyond store on October 1, 2021 in the Tribeca neighborhood of New York City. Michael M. Santiago | fake images Bed Bath & Beyond is removing one of its private labels, Wild Sage, about a year after the company made an aggressive push toward exclusive brands, at the … Read more

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Turkey’s Erdogan meets Putin for talks in Sochi President Vladimir Putin and his Turkish counterpart Tayyip Erdogan have opened talks in the Russian Black Sea city of Sochi. The pair are set to discuss Syria, Ukraine and Russia’s construction of a nuclear power plant in southern Turkey. The Russian president thanked Erdogan for Turkey’s role … Read more

Stock futures rise ahead of July jobs report

Stock futures rise ahead of July jobs report

Elon Musk thinks we have passed the peak of inflation Elon Musk said he thinks we are past the peak of inflation and predicts a mild recession 18 months ahead. Musk’s comments came at Tesla’s 2022 shareholder meeting, held on August 4. “We get a little bit of information about where the prices of things … Read more