The Nasdaq fell on Monday, while the S&P 500 bounced off a two-month low and gained slightly as US Treasury yields stayed elevated. This trend is attributed to investors dialing back expectations on the pace of rate cuts from the Federal Reserve. Recent economic data suggest a resilient economy with nagging price pressures, which has … Read more
In 1831, a massive volcanic eruption cooled the Earth’s atmosphere by 1 degree Celsius, causing reports of a green, purple, and blue-looking Sun due to excess sulfur dioxide in the atmosphere. For years, scientists searched for the culprit volcano, but a new study has finally identified it as the Zavaritskii volcano in the Kuril islands. … Read more
Amazon is phasing out its Prime Try Before You Buy program, which allowed Prime members to try clothes before paying for them, due to low usage and increased adoption of new AI-powered features. The service will shut down on January 31st, according to an email statement from Amazon spokesperson Maxine Tagay. The decision comes after … Read more
Preliminary data from New York City’s congestion pricing program suggests it is working, with improved traffic volume and travel times. The Metropolitan Transportation Authority (MTA) said Monday that the country’s first such plan has reduced traffic by 7.5% in Manhattan’s central business district, with a daily average of 475,000 to 560,000 vehicles compared to a … Read more
The stage is set for the College Football Playoff National Championship Game between Notre Dame and Ohio State. The two teams will battle it out to be crowned the national champion on Monday, January 20 at 7:30 p.m. ET. Here’s everything you need to know to watch the game: * Date: January 20 * Time: … Read more
Lebanon’s top judge, Nawaf Salam, has been named the country’s new prime minister after a surprise move by President Joseph Aoun. The appointment marks the end of a two-year stalemate and brings an end to the caretaker cabinet. Salam, a Sunni Muslim, is seen as a reformist and was endorsed by a majority of lawmakers … Read more
Several AI chip stocks are experiencing significant sell-offs following the announcement of new export restrictions on advanced chips used for artificial intelligence. Nvidia (NASDAQ: NVDA), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), and Micron Technology (NASDAQ: MU) have seen their shares drop by 2.4%, 3.4%, and 4.8%, respectively. The US government’s decision to limit the export … Read more
A critical code execution vulnerability in the Aviatrix Controller has been exploited in the wild, allowing threat actors to mine cryptocurrency and deploy backdoors. The CVE-2024-50603 vulnerability affects Aviatrix Controller versions before 7.1.4191 and 7.2.x before 7.2.4996. According to Wiz Research, around 3% of cloud enterprise environments have Aviatrix Controller deployed, but 65% of these … Read more
Our website uses cookies to collect information about your interactions with us, improve our services, and deliver personalized advertising. Here’s how we use them: **Essential Cookies**: These cookies are necessary for our website to function properly. They cannot be switched off in our systems. **Performance Cookies**: These cookies help us measure the performance of our … Read more
Astronomers have discovered a “daredevil” white dwarf star that may be the closest known object to a supermassive black hole, 1ES 1927+654. The MIT team used the XMM-Newton X-ray telescope to witness this phenomenon, which suggests that objects like white dwarfs can live very close to an event horizon for an extended period. The white … Read more