Business

Thanks To Solar Panels, The $263,000 Lightyear 0 Can Go Up To Seven Months Between Charges

Thanks To Solar Panels, The $263,000 Lightyear 0 Can Go Up To Seven Months Between Charges

Dutch startup Lightyear hopes to push the electric vehicle market into the future with its new car, the Lightyear 0. Not only will the EV feature in-wheel motors and aerodynamic design, but it is also covered in solar panels to help it go as far as possible. Far from being some pie-in-the-sky concept, Lightyear promises …

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Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There's a Catch

Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There’s a Catch

Closely followed crypto analyst Benjamin Cowen says Cardano (ADA) looks poised for a late June rally under one key condition. In a new strategy session, Cowen tells his 749,000 YouTube subscribers that based on Cardano’s history, ADA is likely due for a relief rally up to what he calls the bull market support band, which …

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Walmart strategy to launch apparel, home brands is being put to the test

Walmart strategy to launch apparel, home brands is being put to the test

Scoop is one of Walmart’s exclusive fashion brands. It has also struck deals with national brands like BCBG Paris. Melissa Repko | CNBC SPRINGDALE, Arkansas — Dressed-up mannequins. Eye-catching displays of sleek furniture and colorful swimsuits. And store signs that promote exclusive brands and nationally recognized ones. Walmart’s redesigned SuperCenter, located just 16 miles from …

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$500M of on-chain collateral will face liquidation if ETH falls to...

$500M of on-chain collateral will face liquidation if ETH falls to…

Ethereum [ETH], the world’s largest altcoin, might be losing its plot despite anticipation around the Merge. Rather, one can say that the token is seeing a delayed plot. Ethereum core developer Tim Beiko recently opened that the merge to proof-of-stake (PoS) would happen between August and November. This announcement follows more bad news for Ethereum …

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Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There's a Catch

Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There’s a Catch

Closely followed crypto analyst Benjamin Cowen says Cardano (ADA) looks poised for a late June rally under one key condition. In a new strategy session, Cowen tells his 749,000 YouTube subscribers that based on Cardano’s history, ADA is likely due for a relief rally up to what he calls the bull market support band, which …

Crypto Analyst Predicts Strong Cardano (ADA) Bounce Toward End of June – But There’s a Catch Read More »

Larry Summers: More rate increases ahead to contain inflation

Another big Fed rate hike is coming. But how many more after that?

More rate hikes are likely in the coming months because Jerome Powell and the rest of the Fed can’t declare victory against rampant inflation anytime soon, especially since consumer prices rose 8.6% year-over-year through May. In fact, the chances of a three-quarters of a percentage point hike on Wednesday, while still somewhat remotely, shot up …

Another big Fed rate hike is coming. But how many more after that? Read More »

McDonald's replacement restaurants are unveiled in Russia

McDonald’s replacement restaurants are unveiled in Russia

The American fast-food giant has been renamed “Vkusno & Tochka,” which translates to “Tasty and that’s it.” Vkusno & Tochka is owned by Alexander Nikolaevich Govor, with Oleg Paroev serving as director general. She said that “in the near future, openings of other points throughout Russia will follow.” The rebranding coincided with Russia Day, a …

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Larry Summers: More rate increases ahead to contain inflation

Another big Fed rate hike is coming. But how many more after that?

More rate hikes are likely in the coming months because Jerome Powell and the rest of the Fed can’t declare victory against rampant inflation anytime soon, especially since consumer prices rose 8.6% year-over-year through May. In fact, the chances of a three-quarters of a percentage point hike on Wednesday, while still somewhat remotely, shot up …

Another big Fed rate hike is coming. But how many more after that? Read More »

Fed’s Inflation Mission Has Recession Destination and Hard Landing for Stocks

Fed’s Inflation Mission Has Recession Destination and Hard Landing for Stocks By Investing.com

© Reuters. By Yasin Ibrahim Investing.com — After years of propping up stocks, the Federal Reserve is now faced with the task of piercing the ‘wealth bubble’ to dampen inflation. But deflating the bubble lands the economy in recession likely forcing the market to shed about a fifth of its value. “We believe that the …

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