The stock market’s record-breaking rally showed no signs of slowing down last November, but investors may want to temper their expectations for 2025. The Dow Jones Industrial Average and S&P 500 reached new highs in the month, with gains of 7.5% and 5.7%, respectively. However, Deutsche Bank macro strategist Henry Allen warns that the market … Read more
Intel Corporation’s Chief Executive Officer Pat Gelsinger was removed from his position after the board lost confidence in his plans to revive the company’s struggling business. The decision came after a meeting with the board, where Gelsinger was given the option to retire or leave the company. Instead of retiring, he announced his departure, citing … Read more
Researchers at the Buck Institute have discovered that ketone bodies, produced by the body during fasting, can directly interact with damaged proteins in the brain and aid their clearance through autophagy. The study found that the ketone body β-hydroxybutyrate alters the solubility of misfolded proteins, facilitating their removal and reducing pathological aggregation. The researchers used … Read more
New York City leaders, including Governor Kathy Hochul and Mayor Eric Adams, are proceeding with their budget agendas despite the looming threat of reduced federal funding. The recent presidential victory of Donald Trump and Republican control of Congress have raised concerns about the impact on state and city budgets. Ana Champeny, director of research for … Read more
A Delaware judge has dealt another blow to Elon Musk by refusing to reinstate the $56 billion pay package for Tesla CEO, citing public disclosure and conflicts of interest concerns. The ruling is a fresh defeat for Musk, who is set to join President-elect Donald Trump’s administration. The decision could go to the Supreme Court … Read more
Access to a website has been denied due to concerns over automated tool usage. This issue may be caused by disabling or blocking JavaScript, an essential component of modern web browsers. Additionally, if cookies are not supported or blocked, access could be restricted. To resolve the issue, ensure that JavaScript and cookies are enabled in … Read more
Israeli opposition leader Benny Gantz has urged Israel to take “courageous actions” in response to US President-elect Donald Trump’s promise to release captive Israelis from Gaza prior to his inauguration. Trump made the statement, saying “there will be hell to pay” if captives held in Gaza are not released. Finance Minister Bezalel Smotrich welcomed the … Read more
The world’s wealthiest real estate buyers have slowed their spending in the third quarter as they wait for greater political certainty. According to a report by Knight Frank, 406 super-prime residential sales worth $7.4 billion were made across 12 major global markets in the three-month period. This represents an 18% decrease in the number of … Read more
The US has launched its third major crackdown on China’s semiconductor industry in three years, affecting 140 companies, including chip equipment maker Naura Technology Group. The restrictions aim to curb exports of advanced chip equipment and software tools, as well as high-bandwidth memory used in AI chips. New controls will be placed on semiconductor manufacturing … Read more
The US has introduced new rules restricting China’s access to vital components used in chips and artificial intelligence (AI). The move is part of a campaign to contain Beijing’s growing technological ambitions, but it falls short of tougher sanctions that were initially proposed. The Department of Commerce has imposed curbs on the sale of high-bandwidth … Read more