Fed Chair Says Interest Rates Should Have Gone Up Sooner
Federal Reserve Chair Jerome H. Powell acknowledged in an interview with Marketplace on Thursday that the central bank could have moved faster to raise interest rates and cut inflation, as the central bank comes under increasing scrutiny over whether.....»»
Linamar"s Linda Hasenfratz steps down as CEO, remains executive chair, company says
Linamar's Linda Hasenfratz has stepped down as CEO of the Canadian parts supplier, the culmination of a years-long succession plan that will see long-time executive Jim Jarrell take over day-to-day activities at the company......»»
Column: From atop the Mitten, suppliers" world looks challenging in 2024
Shifting customer plans, high interest rates and tight labor markets make it a tough world for suppliers......»»
Cancer Case Rates Are Rising Across Generations, and a SpaceX Private Spacewalk Is Delayed
A new blood test for cancer, helpful cat parasites and a new kind of wood are featured in this week’s news roundup......»»
Fed"s Powell doesn"t rule out small rate cut in September
Investors foresee and Federal Reserve Chairman Jerome Powell hasn't ruled out a cut to the Fed's benchmark rate target in September, a move that could lower the interest rates on car loans......»»
Fungi adapt cell walls to evade antifungal drugs
Every year, life-threatening invasive fungal infections afflict more than 2 million individuals globally. Mortality rates for these infections are high, even when patients receive treatment......»»
iPad Pro updates ignite consumer interest, giving a giant boost to sales
Customers are opting for the high-end iPad Pro models, driving an increase in sales and renewed interest in Apple's tablet line.iPad Pro refresh helped Apple beat earnings expectationsIn May 2024, Apple launched new iPad Pro and iPad Air models, feat.....»»
How life sciences companies use AI to fill the cybersecurity skills gap
In this Help Net Security video, Beth Miller, Field CISO at Code42, highlights a significant trend: 73% of life sciences companies turn to AI to address the cybersecurity skills gap, surpassing adoption rates in other industries. Underresourced secur.....»»
How America"s elites may hold the key to lowering murder rates
New crime laws, police funding and similar efforts may have some effect on homicide rates in the United States—but the biggest impact will come from the actions of our political and economic elites......»»
Pricing, interest rates temper sales rebound
Overall growth is expected to slow in the second half after sales rose 2.2 percent in the first six months of 2024. Analysts say high interest rates and borrowing costs as well as elevated prices are preventing more robust demand......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Physicists report new insights into exotic particles key to magnetism
MIT physicists and colleagues report new insights into exotic particles key to a form of magnetism that has attracted growing interest because it originates from ultrathin materials only a few atomic layers thick. The work, which could impact future.....»»
A new study shows how the sun could permanently capture rogue planets
Interest in interstellar objects (ISOs) was ignited in 2017 when 'Oumuamua flew through our solar system and made a flyby of Earth. Roughly two years later, another ISO passed through our solar system—the interstellar comet 2I/Borisov......»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
Practical strategies to mitigate risk and secure SAP environments
Large companies use ERP applications to manage business processes, including payroll and financial planning. This is precisely why bad actors are taking a renewed interest in these legacy systems – and succeeding. In this Help Net Security vide.....»»
Federal Reserve leaves interest rates unchanged again
The Federal Reserve opted against changing its benchmark rate during its July meeting, attempting to restrict future inflation for consumers but leaving them receiving higher interest rates than they might like on financed purchases like vehicles......»»
Researchers explore cancer susceptibility in birds
In one of the largest studies of cancer susceptibility across bird species, researchers at Arizona State University describe an intriguing relationship between reproductive rates and cancer susceptibility......»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
Substack blames iCloud Private Relay outage for big drop in newsletter open rates
Last week, Apple’s iCloud Private Relay feature experienced a days-long outage. Today, that outage is being blamed by Substack for a troubling trend that its writers observed: a substantial drop in open rates for newsletters sent during the outage......»»
Scientists convert bacteria into efficient cellulose producers
Bacteria produce materials that are of interest to humans, such as cellulose, silk and minerals. The advantage of producing bacteria in this way is that it is sustainable, takes place at room temperature and in water. A disadvantage is that the proce.....»»
Borderlands 4: rumors, release date speculation, and more
We may be going back to the world of Pandora sooner than expected. Info is scare, but we know Borderlands 4 is in the works......»»