President-elect Donald Trump has vowed to overhaul the economy with a series of policy changes, including tariffs on foreign goods and tax cuts for individuals and businesses. However, many economists warn that these policies could lead to higher inflation, drive up federal debt, and eventually slow economic growth. The centerpiece of Trump’s agenda is taxing … Read more
A US firm, Quantum Kinetics Corporation (QKC), has achieved a world record in nuclear fusion research by sustaining plasma fusion temperatures of 392 million degrees Fahrenheit for 24 hours. The company’s patented modular reactor surpassed the previous record held by Korea Superconducting Tokamak Advanced Reactor (KSTAR) by an order of magnitude greater than a fraction … Read more
US President-elect Donald Trump has indicated his support for the cryptocurrency industry, sending digital currencies like bitcoin to new heights. On Wednesday, bitcoin rallied above $76,000 for the first time in history. Analyst Patrick Moley from Piper Sandler believes that this shift in sentiment will lead to comprehensive crypto legislation being passed in the coming … Read more
NASA and SpaceX monitored operations as the company’s Dragon spacecraft performed its first demonstration of reboost capabilities for the International Space Station at 12:50 p.m. EST on Friday. The spacecraft’s Draco thrusters adjusted the station’s orbit by increasing altitude at apogee by 7/100 of a mile and decreasing altitude at perigee by 7/10 of a … Read more
Warren Buffett, one of the most successful investors in history, has been selling Apple stock, reducing Berkshire Hathaway’s position from nearly 50% to less than 23%. However, fellow billionaire Israel Englander has taken a different approach, increasing his Millennium Management fund’s stake by 68% to over 12.8 million shares. The reason behind Buffett’s sales is … Read more
A stock’s breakout from a base can be a significant indicator of potential growth. Typically, this pattern produces a 20% to 30% gain, but it’s not a guarantee. A break-out can fail if the market is weak or due to other reasons, leading shares to trade sideways and form a new base just above the … Read more
California has introduced stricter regulations on fuel sold in the state, aiming to reduce its reliance on fossil fuels. The new rules will increase the carbon intensity threshold for fuels, which could lead to higher prices at the pump. Despite concerns about added costs, the move is part of California’s effort to accelerate its shift … Read more
Gaijin Entertainment has enhanced two of its games for Sony’s newly released PS5 Pro console at launch: Enlisted, a first-person tactical multiplayer WWII shooter, and War Thunder, a vehicle combat multiplayer game. We spoke with Graphics Programmer Gergo Horvath about the improvements made to leverage the PS5 Pro’s powerful hardware. According to Horvath, while the … Read more
Gaza has mourned children killed in an Israeli strike as death toll rises to over 43,500, according to Palestinian health authorities. The latest attack occurred in the southern coastal area of Mawasi, where hundreds of thousands have sought shelter. The Gaza family wept on Saturday over their children who were killed by the strike, which … Read more
Steven Madden, a US shoe company, plans to cut nearly half of its production in China within the next year due to looming tariffs under a second Trump administration. The move is a response to President-elect Donald J. Trump’s promise to impose additional 60% tariffs on goods coming from China. The company has been building … Read more