Tesla’s stock price target has been cut by several Wall Street firms due to the negative impact of tariffs on its business. The electric vehicle maker received three price target cuts since Wednesday, all predicting that higher costs due to tariffs will weigh on the company. The added headwind of waning consumer demand for Teslas, … Read more
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The US Social Security Administration’s (SSA) telephone customer service is struggling to meet the demands of beneficiaries who are calling in with various questions and concerns about their benefits, identity verification, and appointment availability. The agency’s acting commissioner, Leland Dudek, has acknowledged that the current system “sucks” and needs improvement. In recent weeks, SSA has … Read more
The weekend box office is shaping up to be an exciting one, with several highly anticipated movies vying for top spot. A Minecraft Movie, directed by Jared Hess and produced by Warner Bros/Legendary, is expected to rake in $80 million at 4,289 theaters, significantly ahead of the same point last year. Meanwhile, Illumination/Nintendo/Universal’s Super Mario … Read more
President Donald J. Trump’s economic agenda appears to be delivering results for Americans, as the latest inflation report shows a decline in consumer prices for the first time in nearly five years. The Consumer Price Index (CPI) fell 0.1% in March, while the core measure rose just slightly, according to data from the US Bureau … Read more
YouTube has launched a new AI tool called “Music assistant” to help creators generate instrumental tracks for their videos without worrying about copyright claims. The feature is available to users with access to the Creator Music beta. To use the Music assistant, users can enter a prompt such as “give me uplifting and motivational music … Read more
The recent market rout has sparked additional economic challenges for countries heavily dependent on oil revenues, amidst the ongoing tariff tensions. The price crash of Brent Crude to $63 per barrel is creating fiscal difficulties for major oil producers in the Gulf region, Brazil, and Nigeria. For these countries, an oil price of $60 is … Read more
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A team of researchers at the University of Massachusetts Amherst has discovered a new fluid behavior that challenges long-standing ideas in thermodynamics. The “shape-recovering liquid” is a mixture of oil, water, and magnetized nickel particles that consistently re-forms into an elegant urn shape after being shaken. The discovery was made by graduate student Anthony Raykh, … Read more
US President Donald Trump has introduced unprecedented global tariffs as part of his “Liberation Day” address. The sweeping measures could lead to steep price hikes on products like clothing and electronics, which would largely be passed down to American consumers. A prominent tech analyst, Dan Ives, warns that the cost of an iPhone could rise … Read more