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.....»»
Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines
Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»
Researchers map out anatomy of wooden breast syndrome in broiler chickens
Each year, Delaware farms raise more than 240 million broiler chickens, the top agricultural commodity in the state with a $3.5 billion impact on the state's economy......»»
Another smart home company fails, underlines importance of HomeKit or Matter compatibility
Smart home company Brilliant has announced that it has run out of money, after failing to raise more capital in an attempted funding round. While its smart home controllers and light switches continue to work for now, there’s no guarantee that.....»»
Non-governmental organizations raise concerns about child abuse reporting
Community organizations making child welfare reports to Oranga Tamariki say it's not uncommon to be met with delayed decisions or silence, even on high-risk cases, a new Otago study has found......»»
F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»
GM-backed self-driving firm Momenta filing for U.S. stock offering, report says
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 million to $300 million......»»
DDT pollutants found in deep sea fish off LA coast raise questions about the pesticide"s continuing threat to wildlife
In the 1940s and 1950s, the ocean off the coast of Los Angeles was a dumping ground for the nation's largest manufacturer of the pesticide DDT—a chemical now known to harm humans and wildlife. Due to the stubborn chemistry of DDT and its toxic brea.....»»
Animal behavior research better at keeping observer bias from sneaking in—but there"s still room to improve
Animal behavior research relies on careful observation of animals. Researchers might spend months in a jungle habitat watching tropical birds mate and raise their young. They might track the rates of physical contact in cattle herds of different dens.....»»
First steps toward a whole-body map of molecular responses to exercise
Research definitively confirms that muscle-moving, calorie-burning activity slows the advance of disease, improves cognitive function, boosts the immune system, and reduces rates of mortality from all causes......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
Contemporary wildfires not more severe than historically in western US dry forests: Study
Wildfires have increased over the last few decades in dry forests, which cover 25.5 million ha (63 million acres) of the western U.S. But are high-severity fires that kill 70% or more of trees already burning at rates that exceed historical (preindus.....»»
Researchers say nature recovery must be integrated across all sectors to bend the curve of biodiversity loss
The alarming rates of biodiversity loss worldwide have made clear that the classical way of governing biodiversity recovery based on protected areas and programs for the protection of endangered species is not enough. To tackle this, almost 200 count.....»»
Fed holds rates steady, flags "lack of further progress" on inflation
The Federal Reserve said it "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably towards 2%.".....»»
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources......»»
Study provides new global accounting of Earth"s rivers
A study led by NASA researchers provides new estimates of how much water courses through Earth's rivers, the rates at which it's flowing into the ocean, and how much both of those figures have fluctuated over time—crucial information for understand.....»»
Experts develop way to harness CRISPR technology to deal with antimicrobial resistance
Antimicrobial resistance (AMR) is continuing to increase globally, with rates of AMR in most pathogens increasing and threatening a future in which every day medical procedures may no longer be possible and infections thought long dealt with could ki.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Granting legal "personhood" to nature is a growing movement: Can it stem biodiversity loss?
Biodiversity is declining at rates unprecedented in human history. This suggests the ways we currently use to manage our natural environment are failing......»»
Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
There is an ongoing global debate over whether the high inflation seen in the aftermath of the COVID-19 pandemic can be lowered without a recession......»»
A better way to predict Arctic riverbank erosion
Arctic riverbanks are typically resilient, thanks to the power of permafrost. This permanently frozen soil locks in sediment, leading to low erosion rates. But as Arctic river water warms due to climate change, some researchers worry that riverbanks.....»»