Key Points: President Trump nominated Kevin Warsh, a critic of asset buying, as Fed Chair. Warsh wants to reduce the Fed’s $6.6 trillion balance sheet significantly. Markets reacted with higher long-term bond yields and crashing gold prices. Cutting the balance...
Key Points: Tesla is pivoting from a car manufacturer to a robotics and tech firm. Musk plans to end production of the Model S and Model X. Factory lines will be converted to build Optimus humanoid robots. Future value will drive from robotaxis, energy, and a new chip plant. Analysts project that billions in revenue...
In pursuing a sustainable and energy-efficient world, the spotlight is increasingly turning towards advanced energy materials—a class of cutting-edge materials that promise to revolutionize how we generate, store, and use energy. These remarkable materials, characterized by their unique properties and functionalities, are poised to shape the landscape of energy technologies and drive us toward a...
Key Points: The FDA began accepting applications for its PreCheck manufacturing pilot on Sunday. The program aims to accelerate the construction of U.S. drug factories. Facilities producing critical medications will receive priority consideration. A two-phase system will allow builders frequent communication with FDA officials. A separate fast-track program for drug approval faces delays over safety...
In recent years, the communication landscape has been transformed by the widespread adoption of video conferencing. It has evolved from...
SAP SE, founded in 1972, is a multinational software corporation based in Germany that specializes in enterprise software solutions. SAP...
Key Points: Eight OPEC+ nations agreed to keep oil production steady through March. The decision extends a pause on output...
Key Points: Trump’s housing reforms are stalling due to internal and external disagreements. The President worries that lowering prices will...
Interplanetary travel stands at the forefront of humanity's cosmic exploration, offering the promise of reaching new worlds, uncovering the mysteries...
