JPMorgan Chase & Co., the largest US bank, reported record annual profits on Wednesday, beating Wall Street forecasts, amid a strong performance from its competitors. The bank’s net income soared 50% to $14 billion in the fourth quarter, exceeding expectations of $4.09 per share. Major banks, including Citigroup, Wells Fargo, and Goldman Sachs, also issued … Read more
Wildfires in Southern California are not only visible from space but also posing a threat to scientists’ work in space. NASA’s Jet Propulsion Laboratory (JPL) in Pasadena was evacuated on January 8 due to the Eaton fire and remained closed until Monday. Despite the emergency, the lab managed to retain contact with its active spacecraft. … Read more
A growing number of bond traders believe the recent selloff in US Treasury bonds will soon lose momentum. The downturn, triggered by a strong jobs report and concerns about future Federal Reserve interest rate cuts under President-elect Donald Trump’s policies, has seen 10-year yields rise to 4.8%. However, some traders are placing bets that yields … Read more
LG Display skipped showcasing its latest and greatest OLED panels at this year’s CES, but Panasonic took center stage by highlighting the company’s new four-layer tandem OLED design. The panel boasts a maximum brightness of 4,000 nits, making it 33 percent brighter than its predecessor. The innovation behind LG Display’s new panel lies in its … Read more
Fortune’s Run, an indie first-person shooter (FPS), has been put on hold indefinitely due to its solo developer, Dizzie, being sentenced to three years in prison. The game, which launched into Steam early access in September 2023, was praised for its immersive gameplay and dystopian atmosphere. Dizzie revealed the news in a post titled “Extremely … Read more
The highly anticipated horror film “Wolf Man,” directed by Leigh Whannell, is set to battle it out with the comedy-drama “One of Them Days” for the top spot on box office charts over the Martin Luther King Jr. holiday weekend. According to projections, “Wolf Man” is expected to open to $17 million to $21 million … Read more
Brooke Shields has long been accustomed to seeing herself through the eyes of others, having started acting at 11 in films like “Pretty Baby” and “The Blue Lagoon.” As she entered her late teens and early twenties, she faced intense scrutiny about her physical appearance. Now, at 57, Shields is facing a new challenge: judging … Read more
The Vera C. Rubin Observatory, a 8.4-meter telescope in Chile, has successfully completed its critical systems tests and taken its first images with an engineering camera. The observatory is set to be equipped with the world’s largest digital camera, LSSTCam, which boasts 21 times more field of view and 3,200-megapixel imaging capabilities than the ComCam. … Read more
Call of Duty’s latest event is here. Season 1 of Black Ops 6 is coming to an end with a special treat from Treyarch. A double experience point (XP) week has begun and will run until January 21st, offering players nearly a week to enjoy the festivities in multiplayer and zombies. The main goal of … Read more
The US Food and Drug Administration (FDA) has released a plan to make cigarettes less addictive by capping their nicotine content. The proposal, which aims to reduce the number of smokers and prevent young people from taking up the habit, faces uncertainty due to its timing and potential industry opposition. Under the proposed rule, nicotine … Read more