US stocks were higher Wednesday in choppy trade, after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic growth. How stock indexes are trading The Dow Jones Industrial Average DJIA rose 194 points, or 0.6%, to around 31,151; The S&P…
In January 2021, an unclassified memo revealed that the Defense Intelligence Agency (DIA), a military-intelligence unit of the US government, buys huge amounts of commercially available smartphone data and uses it to spy on Americans and track their movement history. By using publicly disclosed data, the DIA – and other agencies – can circumvent laws…
The threat of recession amid a shrinking economy may force a return to the office for employees. Or the end to the office as we know it. Those are the two wildly differing opinions emerging on the future of the work-from-home movement, which has become a way of life for tens of millions of Americans…
Read More “A recession could force more employees back to the office – or never return” »
HBO Max has an intriguing lineup of new comedy series in July 2022, to go with a spinoff of a fan-favorite teen drama and a slate of movie favorites. Master of awkward comedy Nathan Fielder (“Nathan for You”) is back with a new series, “The Rehearsal” (July 15), in which he’ll help people prepare for…
Read More “Here’s everything coming to HBO Max in July 2022, and what’s leaving” »
Stocks are on the rebound again, at least that’s the vibe from futures. That’s a day after Federal Reserve Chair Jerome Powell confirmed to lawmakers, what markets already knew – that a soft economic landing might be tricky while taming the inflation beast. Along with average investors, hedge funds have had a rough start to…
Here’s all you need to know: Netflix’s “Stranger Things” is back July 1, with Part 2 of its fourth season. “Stranger Things” returned in late May with seven supersized episodes, and will conclude Season 4 with two super-duper sized episodes (1 hour and 25 minutes, and 2 hours and 30 minutes, respectively) as the teen…
Hulu is staying busy this summer, with a full slate of movie favorites and new series coming in July 2022, including a new season of one of the best comedies on TV. FX’s brilliant, Emmy-nominated vampire mocumentary “What We Do in the Shadows” (July 13) returns for its fourth season, picking up after the gang…
Read More “Here’s what’s new to Hulu in July 2022, and what’s leaving” »
Rising US interest rates and inflation at multidecade highs is waking investors up to the fact that a vivid imagination is no way to buy a stock. Until recently, the investors who had the richest imaginations seemed to make the most money – until they lost their gains in a matter of months. ARK Innovation…
The Great Resignation is pivoting to a Forced Resignation. Thousands of layoffs in the tech sector, compounded by hiring freezes and a slowdown in hiring, highlight the abrupt shift in fortunes over the past several months as a result of rampant inflation, fear of stagflation and recession, supply-chain interruptions, the war in Ukraine, an ailing…
The Dow Jones Industrial Average won’t be trading on Monday when the new Juneteenth federal holiday is observed, because the stock market will be closed, and so will many of the Dow’s components. That’s a relatively quick turnaround for the New York Stock Exchange and Nasdaq exchange to close for Juneteenth, just one year after…
Read More “Here’s how some Dow industrials companies are observing the Juneteenth holiday” »
