Business

Stock markets fall as the economy strains, recession risks rise

It’s normally peak season at Asurion Phone & Tech Repair, but Gean Rodriguez said foot traffic has slowed down in the last couple of weeks. The Chicago repair technician wonders if cooler weather is keeping customers at home, or if people are saving their money for the holidays. Without the answers, he’s waiting for business …

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China Told Goldman and JPMorgan to Avoid Politically Sensitive Research

The China Securities Regulatory Commission recently contacted multiple banks, including JPMorgan and Goldman Sachs, according to the WSJ. The regulator advised against publishing politically sensitive research ahead of China’s key Communist Party summit next month, the report said. China’s twice-a-decade leadership gathering begins October 16, and party members are expected to extend President Xi Jinping’s …

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The biggest hack in history: Australians scramble to change passports and driver licenses after Optus telco data debacle | Optus

When Amy Hunting* first heard about one of the biggest cyber attacks in Australian history, she immediately checked to see if her personal details had been compromised. She realized that, as a customer of the country’s second largest telecommunications provider, Optus, there was a fair chance she was one of about 10 million people whose …

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Delta Pilots Begin Voting on Strike Authorization

Photo: AaronP/Bauer-Griffin/GC Images (Getty Images) Delays and cancellations haven’t been rare for airlines in the United States over the past year. Staff shortages have meant a single issue, like a power outage or a hurricane, could spark a cascade of scheduling problems across the country. However, unlike in Europe, no carrier has had to deal …

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Why Bitcoin, Ethereum May Not Be The Best Plays For The Next Bull Market

Since the launch of bitcoin, there have been massive gains recorded by those who got in early and held on long enough. The same was the case with Ethereum, whose market cap grew to the hundreds of billions. However, the growth that these digital assets have already seen over the years, it has put a …

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Tesla unveils its humanoid robot for ‘less than $20,000’

Tesla has unveiled its Optimus humanoid robot at its AI Day 2022 today and Elon Musk believes Tesla can bring it to market for “less than $20,000”. As expected, the event started with Tesla unveiling a working prototype of its humanoid robot – a project first announced at Tesla’s AI day in 2021. There were …

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You’re free to tweet: Messages reveal Elon Musk- Parag Agrawal fall out | World News

Messages between Tesla chief Elon Musk and important place holders at Twitter – Jack Dorsey, board chair Bret Taylor and current head Parag Agrawal – were released during an ongoing documentation ahead of Elon Musk’s trial against Twitter. Elon Musk and Twitter are due for a trial in court In mid-October which will decide on …

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