Investors eagerly await a potential interest rate cut from the Federal Reserve at its September FOMC meeting next week, but uncertainty could likely persist in markets . AlphaSimplex Chief Research Strategist and Portfolio Manager Katy Kaminski joins to discuss her market outlook in light of this expected fiscal policy shift. Kaminski notes that the rate […]
A Boar’s Head plant that produced deli meat in Virginia will cease operations after a deadly listeria outbreak affected several states. The company announced Friday it will shut down the Jarratt, Virginia, plant and would be taking several steps to bolster food safety among its products. “Our investigation has identified the root cause of the contamination as a […]
What sparked the surge? Investors were stoked by a solid batch of economic data, showing tame inflation, steady jobless claims, and an upbeat consumer sentiment report. This data has reinforced market expectations that the Federal Reserve will announce its first interest rate cut in more than four years during its upcoming meeting next week. There is […]
At 12:01 am on Friday, 33,000 Seattle and Portland area Boeing workers with the International Association of Machinists and Aerospace Workers (IAM) went on strike. It’s the first time since 2008 that workers at Boeing, one of the world’s two major commercial aircraft suppliers, have walked off the job. The strike won’t affect commercial air […]
Apple AirPods Pro 2 can soon be used as hearing aids, after they received Food and Drug Administration (FDA) clearance, in what experts call a game changer for the hearing aid market. The FDA on Thursday authorized a piece of software called Hearing Aid Feature (HAF) that will allow Apple AirPods Pro 2 ear buds and other compatible […]
Flappy Bird was released in 2013 and quickly received tens of millions of downloads. However, the game was abruptly removed from the App Store in 2014 after its creator Dong Nguyen decided that the game was too addictive. Nguyen also disliked the excessive fame and attention that he started to receive as a result of the game’s […]
Trump Media & Technology Group, the social media business owned by former president Donald Trump, surged on Friday after Trump said he has “absolutely no intention of selling” his stake in the Truth Social owner. Shares of the stock, which trades under the ticker DJT — the same as Trump’s initials — soared $1.89, or […]
The company said that the production process for liverwurst was the culprit for contamination and that it will no longer produce liverwurst at its facilities. JARRATT, Va. — Boar’s Head Provisions announced Friday that it would indefinitely close its southern Virginia plant at the epicenter of a listeria outbreak that killed nine people and hospitalized […]
Following the moves of other tech giants, Spotify announced on Friday it’s introducing in-app parental controls in the form of “managed accounts” for listeners under the age of 13. The new feature will initially be offered as a pilot program for parents or guardians on a Family plan in select markets, including Denmark, New Zealand, and Sweden. […]
On Monday, Apple touted the new iPhone 16 and iPhone 16 Pro as the first iPhones built from the ground up for Apple Intelligence with the A18 and A18 Pro chips. In a new interview, Apple’s Johny Srouji has offered additional details on the iPhone 16 and Apple Intelligence, including confirmation that all four iPhone 16 models have […]