Jerome Powell Says the Fed is Prepared To Raise Rates To Tame Inflation
Jerome H. Powell, the Federal Reserve chair, told lawmakers on Tuesday that a rapidly healing economy no longer needed as much help from the central bank and that keeping inflation in check -- including by raising interest rates -- would be critical.....»»
Unifor ratifies 2-year deal with 15% pay raise at GM"s CAMI plant
Hourly workers represented by Unifor at GM Canada’s CAMI Assembly Plant have ratified a two-year labor pact that puts all union members at the automaker’s plants in Canada on the same contract starting in 2026. .....»»
Study reveals high rates of seafood mislabeling and ambiguous market names in Calgary, Alberta
A study published in PeerJ Life and Environment has uncovered alarming levels of seafood mislabeling and the use of ambiguous market names in Calgary's seafood market, often concealing species of conservation concern. This research marks the first Ca.....»»
How much auto demand will the Fed"s half-point rate cut produce?
The Federal Reserve cut its benchmark rate target 0.5 percentage points on Sept. 18, which could reduce the market interest rates that Cox Automotive polling indicates are dealerships' No. 1 challenge......»»
One company appears to be thriving as part of NASA’s return to the Moon
"This has really been a transformational year for us." Enlarge / The second Intuitive Machines lander is prepared for hot-fire testing this week. (credit: Intuitive Machines) One of the miracles of the Apollo Moon landin.....»»
Targeted interventions add five months" progress for students with SEND
Targeted interventions can raise overall educational outcomes for students with special educational needs and disabilities (SEND) by an average of five months, compared to teaching-as-usual or standard interventions, finds a report by UCL researchers.....»»
This handy video game tracker will help tame your backlog
Need a way to organize your backlog and wish list, all while keeping track of every video game you play? Try this free tool......»»
Huawei"s Mate XT tri-fold smartphone sparks frenzy, prompting scalpers to raise prices
Huawei"s Mate XT tri-fold smartphone sparks frenzy, prompting scalpers to raise prices.....»»
Mortgage and refinance rates today, September 18, 2024: Rates have plummeted and should continue falling
Mortgage and refinance rates today, September 18, 2024: Rates have plummeted and should continue falling.....»»
Backlash over Amazon’s return to office comes as workers demand higher wages
Pressure increases for Amazon to raise wages amid return-to-office turmoil. Enlarge / Warehouse workers at the STL8 Amazon Fulfillment Center marched on the boss Wednesday to demand a $25 an hour minimum wage for all workers. (cr.....»»
The harder I work, the luckier I get? What coaches, athletes and fans need to understand about luck in sport
In the world of elite sport, where everything is planned down to the last minute detail, surprisingly few are prepared to acknowledge the inherent role of luck in the outcomes of sporting contests......»»
Apple A16 chips now being made in the US, creating a mystery
Apple A16 chips are now being made in TSMC’s US chipmaking plant in Arizona, according to a new report. It’s said that while yield rates are lower than those achieved in Taiwan, they are very close to hitting the same standards. The big myster.....»»
New data reveals rates of family violence among those who died by suicide
Domestic, family and sexual violence is rightly recognized as a national crisis......»»
Energy transmission in quantum field theory requires information: Research finds surprisingly simple relationship
An international team of researchers has found a surprisingly simple relationship between the rates of energy and information transmission across an interface connecting two quantum field theories. Their work was published in Physical Review Letters.....»»
New technique boosts mutation rates in fruit flies for genetics research
A new technique, TF-High-Evolutionary (TF-HighEvo), allows large-scale assessment of de-novo mutations in multicellular organisms. Developed in collaboration with researchers from the European Molecular Biology Laboratory (EMBL) and the Friedrich Mie.....»»
Study reveals lower school attendance on Fridays in England
Economists from the University of Bath have found a significantly lower school attendance rates on Fridays across England, with a 20% higher absence rate compared to other weekdays......»»
Minimum wage increases are important, but workers deserve more
This fall, several provinces across Canada are scheduled to increase their minimum wages. These provincial adjustments follow the federal government's decision to raise the federal minimum wage to $17.30 back in April......»»
AMD may have transformed this thin and light laptop into a gaming powerhouse
A new driver for AMD's Ryzen AI 300 processors promises higher frame rates with AFMF 2 and a new feature called Virtual Graphics Memory......»»
Ally Financial warns of "intensifying" credit challenges, shares slump
Ally Financial warned of challenges that have intensified over the quarter as borrowers struggled with high inflation......»»
"Have more babies!" Some say it"s necessary, but this demographer isn"t convinced
"Birthrates are plummeting worldwide. Can governments turn the tide?" "The world is running out of children as global birth rates collapse!" "Could a declining birth rate impact Colorado's economy?".....»»
Daily 5 report for Sept. 6: Sales reports, dealer sentiment give Fed good reason to cut interest rates
The bottom line, as sales stagnate and inventories rise, is that automakers and their customers need interest rates to come down soon......»»