Economy

In the race to make EVs cheaper and more profitable, companies are pulling just about every lever they can. But while improving battery technology often hogs the spotlight, automakers are investing heavily into changing how the rest of the car is made. One such method is megacasting, or gigacasting, as Tesla calls it. Gigacasting is […]

U.S. President Joe Biden arrives to deliver remarks on the assassination attempt on Republican presidential candidate former President Donald Trump, at the White House on July 14, 2024 in Washington, DC. Kevin Dietsch | Getty Images The tally of congressional Democrats calling for President Joe Biden to exit the 2024 election race soared past 35 […]

U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. Tom Brenner | Reuters President Joe Biden’s campaign insisted Friday that he will remain at the top of the Democratic ticket, stressing in a new memo that Biden still has the support of voters, even […]

US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images The U.S. Department of Education says it will pause millions of student loan borrowers’ payments while it defends its relief plan against legal challenges. Borrowers enrolled in […]

Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand. Mailee Osten-tan | Getty Images News | Getty Images Several airlines halted flights on Friday, while others warned of delays and […]

Microsoft users around the world are experiencing an error screen known as the “blue screen of death,” amid persisting widespread tech outages. The U.S. technology giant was impacted by an update from cybersecurity firmCrowdStrikewhichled to a major IT outage.Many other businesses have also been affected. “We’re aware of an issue with Windows 365 Cloud PCs […]

Real estate building under construction in Qingjiangpu District, Huai ‘an City, Jiangsu province, China, on July 15, 2024. Cfoto | Future Publishing | Getty Images BEIJING — Top Chinese officials on Friday emphasized the country would focus on its own affairs in the face of rising trade tensions. “As long as we do our own […]

A medium close-up front view of a teenage girl who is sending text messages to a friend and checking her social media as she waits in the corridor of the high school she attends. Solstock | E+ | Getty Images Parents around the world are debating when to give their children smartphones, as evidence grows […]

Paolo Ardoino, Tether’s chief technology officer, said the company estimates that the excess reserve will increase by $700 million in the current quarter, which is not yet over.Justin Tallis | Afp | Getty ImagesCryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to diversify the… […]

JPMorgan Chase and Company President and CEO Jamie Dimon testifies before a Senate Banking, Housing, and Urban Affairs hearing on “Annual Oversight of the Nation’s Largest Banks”, on Capitol Hill in Washington, U.S., September 22, 2022. Evelyn Hockstein | ReutersJPMorgan Chase & Co CEO Jamie Dimon on Wednesday called for “real engagement” between policymakers in Washington… […]