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PSW Magazine NEWS

Omens For The Nasdaq As Technical Signal Proliferates

Published at ZeroHedge Authored by Simon White, Bloomberg macro strategist, A technical sell signal for the Nasdaq has hit levels not seen since the tech bubble....

Blackstone CEO Jumps On ‘The Next AI Trade’ 

By ZeroHedge US power grid regulators and utilities are warning about energy shortfalls. Projections for US electricity demand growth over the next five years have...

Lockheed Martin Wins $17BN Interceptor Contract To Protect US Homeland

With one massive war in Eastern Europe grinding past two years and with another potential major war brewing in the Middle East, Western defense...

US Restricts Diplomats’ Travel In Israel, Bracing For Iran Attack By Week’s End

Iran is expected to attack Israel by week's end, or at least within the coming days. However, the degree of telegraphing has almost taken...

Futures Tumble On Disappointing JPM Earnings, Surging Geopolitical Risks

Futures are tumbling this morning, hit by disappointing earnings and outlook from the largest US bank, JPMorgan whose stock is down around 3% in...

Bank of Canada Keeps Rates Unchanged, Needs More Evidence Of Slowing Inflation Before Cuts

The BoC keeps rates unchanged for a sixth consecutive meeting even as officials signaled they're getting closer to rate cuts but - like the...

Arabica Coffee Prices See Largest Weekly Jump In Nearly Three Years 

As if hyperinflating cocoa bean prices and re-accelerating global food inflation weren't enough, Arabica coffee futures hit their highest level in over a year and a half.  Arabica coffee...

AT&T Reveals Easter Weekend Surprise For Customers: 73 Million Accounts Leaked On Dark Web

By ZeroHedge Millions of AT&T Inc. users received bad news from the third-largest US retail wireless carrier this Easter holiday weekend: Their personal data has...

Home-Flipping Plummets As Profits Slump

By Michael Tucker of the Mortgage Bankers Association Home flipping fell nearly 30% in 2023 compared to the year before, according to ATTOM. The ATTOM year-end...

Apple Shares Fall On Chinese Report That iPhone Shipments Plunged 33%  

Apple shares fell in premarket trading in New York after official Chinese data showed iPhone shipments plunged 33% in February, compared with the same...

There Goes The Fed’s Inflation Target: Goldman Sees Terminal Rate 100bps Higher At 3.5%

Two years ago, we first said that it's only a matter of time before the Fed admits it is unable to rsolve the so-called...

Hertz CEO Out As Firm Seeks Traction After Big EV Bet Goes Bust

CEO Stephen Scherr's barely two-year ride with Hertz came to a screeching halt on Friday. In his wake, he leaves a company still working...

McDonald’s Stores Hit By Multi-Nation “Technology Outage”

A major technology outage forced McDonald's stores in Australia, Japan, Hong Kong, and the United Kingdom to either shutter operations or suspend online ordering...

Science

Harnessing the brain’s immune cells to stave off Alzheimer’s and other neurodegenerative diseases

Many neurodegenerative diseases, or conditions that result from the loss of function or death of brain cells, remain largely untreatable. Most …

The Big Burnout: Life on the Front Lines of America’s Wildfires

As record-setting blazes become common and the number of skilled wildland firefighters dwindles, ProPublica spoke to those most impacted. With …

AI traces mysterious metastatic cancers to their source

Algorithm examines images of metastatic cells to identify the location of the primary tumour. Some stealthy cancers remain undetected until they have …

What happens when I stop taking a drug like Ozempic or Mounjaro?

Hundreds of thousands of people worldwide are taking drugs like Ozempic to lose weight. But what do we actually know about them? This month, The …

‘Miracle’ weight-loss drugs could have reduced health disparities. Instead they got worse

The American Heart Assn. calls them “game changers.” Oprah Winfrey says they’re “a gift.” Science magazine anointed them the “2023 Breakthrough of the Year.” Americans are most familiar with their brand names: Ozempic, Wegovy, Mounjaro, Zepbound. They are the medications that have revolutionized …

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