Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming…
Elon Musk has accustomed his millions of fans to great promises. He hasn’t been shy about promising self-driving vehicles for 2018. He was back at it in 2018, when he promised that Version 9 of the FSD feature would begin rolling out in August. He did it again during Tesla Autonomy Day in 2019, proclaiming…
The 400 wealthiest people in America are poorer this year. Tech tycoons have taken the brunt of the beating. A year ago, America’s technology billionaires were soaring, with markets near all-time highs and VCs pumping big money into startups. What a difference a year makes. Stock prices have dropped and inflation surged, making the members…
Amazon (AMZN) shares were active Monday after the world’s biggest online retailer said it would hold an early October shopping event to capture demand from value-focused consumers. Following a move from Target (TGT) last week to kick-start its holiday sales efforts a week earlier this year, Amazon said it will host a two-day “Prime Early…
Share to FacebookShare to TwitterShare to LinkedinTopline Nearly a week after Iran’s internet went dark amid widespread—and deadly—anti-government protests in the wake of 22-year-old Mahsa Amini’s death in police custody, Elon Musk’s Starlink satellite service may be able to begin providing internet access after U.S. officials lowered key technology sanctions. Elon Musk’s Starlink is set…
Share to FacebookShare to TwitterShare to LinkedinGaladriel bears no resemblance to any version of Tolkien’s elven lady. Neither does ‘The Rings Of … [+] Power’ to his body of work or ‘The Lord Of The Rings.’ Credit: Amazon If someone were to adapt J.R.R. Tolkien’s The Lord Of The Rings trilogy in the same manner…
You might think you are crazy if you are seeing holiday items at a retailer already. Don’t worry you aren’t crazy. Retailers have jumped over Halloween right into the holiday season. After multiple retailers struggled with excess inventory, they are now pushing to get a taste of the holiday shopping frenzy early. Inventory management proved…
Illustration by Philip Smith for Forbes Helium was touted as the best real-world use case of Web3 technology. But as it struggles to generate revenue, a Forbes investigation found that executives and their friends quietly hoarded the majority of wealth at the project’s inception. By Sarah Emerson, David Jeans, & Phoebe Liu Even for someone…
Ford’s road (F) to future popular and stock market success rests on a big gamble in the form of a gigantic factory near Memphis Tennessee. The blue oval brand has set itself the ambition of producing 2 million electric vehicles globally per year by the end of 2026. In 2021, the group only manufactured 27,140…
The test drive has probably been a part of the automotive experience since the day Henry Ford jumped behind the wheel of his Quadricycle and went for a ride down Grand River Avenue in Detroit. Of course, Ford didn’t have a salesperson sitting next to him at the time, seeing as there were no car…