My working assumption is that the Fed will wait until the Fed Funds Rate is within 50 basis points of the core CPI. That would give them enough cover to declare “mission accomplished” and back off.
With 2022 coming to a close, we’ll look back at some of the incredible developments that took place in bleeding-edge industries this year – and look ahead at what’s to come in 2023.
On Tuesday, the Securities and Exchange Commission (SEC) filed an action against Sam Bankman-Fried (SBF), the former CEO of centralized cryptocurrency exchange FTX. The fact that the SEC filed its suit less than a month after FTX collapsed suggests that insiders have already flipped against the former crypto prodigy…
Last month, a team of European researchers published a paper on how they revived seven different eukaryotic viruses from ancient permafrost. What could go wrong…
Black Friday sales reached a record-breaking $9.12 billion, with Cyber Monday sales topping $11.3 billion. On the surface, this is looks impressive. But it’s not the full story…
On Wednesday, Elon Musk visited Twitter’s headquarters in San Francisco, California carrying a kitchen sink. With just days to go before the court-ordered deadline finalizing Twitter’s buyout, this is a clear sign from Musk that the deal is about to go through…
Back in 1961, one of the most famous equations in science was revealed… and it tackles the question of: are we alone in this universe? Today, Jeff explains how things have changed dramatically since then… and why we’re much closer to solving that riddle.