A summer rally may be underway. Economic forecaster Lakshman Achuthan cites a bullish, under-the-radar trend in a chart highlighting the firm’s special weekly leading index and S&P 500. “This is a fundamentally optimistic chart,” the Economic Cycle Research Institute co-founder told CNBC’s “Trading Nation” on Monday. “It’s showing us that the cyclical fundamentals are to
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Cryogenics is a core enabling technology at the European Spallation Source, a next-generation neutron-science facility under construction in Sweden. Joe McEntee talks to John G Weisend II, group leader for specialized technical services at ESS, about the secrets of success at ultralow temperatures Big science: an aerial view over the ESS construction site in Lund,
The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago as the coronavirus reignites in America’s Sun Belt, White House health advisor Dr. Anthony Fauci said Monday. Fauci, director of the National Institutes of Allergy and Infectious Diseases, said during a Q&A discussion with Dr. Francis
by Jessica Pena, July 2, 2020 Sandy and Norman are getting together for one last act. Netflix has announced they’ve ordered a third season of The Kominsky Method for the 2020-21 season. Season three of the series will also be the final season. The comedy TV show stars Michael Douglas as Sandy Kominsky, a respected acting
Actors’ Equity has approved the first two theaters to resume performances since the nationwide shuttering of playhouses in March due to the coronavirus pandemic. The theaters, a pair of regional venues in Massachusetts, have agreed to safety protocols that include testing for Equity members and those who come in contact with them. The Berkshire Theatre
NOAA forecasters predicting an active 2020 hurricane season are refining storm track and intensity forecasts thanks to data from multiple satellites, including the second Constellation Observing System for Meteorology, Ionosphere and Climate (COSMIC-2). Six COSMIC-2 satellites launched in June 2019 aboard a SpaceX Falcon Heavy rocket are gathering more than 4,000 daily radio occultation soundings.
Earnings should help determine whether the latest rally is real Alex Wilhelm 7 hours Despite record-setting COVID-19 infections, American equities rose today. All major indices gained ground during regular trading, while tech stocks did even better. The Nasdaq Composite set new 52-week and all-time highs, touching 10,462.0 points before closing at 10,433.65, up 2.21% on
Treasury Secretary Steven Mnuchin speaks as U.S. President Donald Trump and White House senior adviser Ivanka Trump listen during an East Room event highlighting Paycheck Protection Program (PPP) loans for small businesses adversely affected by the coronavirus disease (COVID-19) outbreak, at the White House in Washington, U.S., April 28, 2020. Carlos Barria | Reuters The
Charlie Daniels — a country and Southern rock legend known for his hit “The Devil Went Down to Georgia” — has died after suffering a stroke … according to his website. The Country Music Hall of Famer died Monday morning at the Summit Medical Center in Hermitage, Tennessee. Doctors determined the cause of death was
A statue of a horse stands at the entrance to a P.F. Chang’s restaurant in Schaumburg, Illinois. Scott Olson | Getty Images Large restaurant chains once again received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration. Businesses in the accommodation and food services sector received more
From miniature horses to baby Air Jordans to tiny burritos YouTubers make for their pet hamsters, it is universally known that tiny versions of things are inexplicably cuter than their normal-sized counterparts. (The only exception to this rule is cupcakes, which are not nearly as adorable as full-sized cakes.) Dior took note and delivered its
After sacrificing her life in order to save the universe during the dramatic events of Avengers: Endgame, audiences have been left wondering how, exactly, the solo Black Widow movie will play out. With the movie set to introduce a host of other characters, including Midsommar star Florence Pugh’s Yelena Belova, MCU fans have been curious
The 2000s began with one sitcom apartment door closing and another one opening. Friends was iconic in its heyday and is still quite popular. How I Met Your Mother aimed to take its place in the hearts of people watching television across the nation. While different in premise, both shows were very popular and often
Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . When I was growing up, everyone I fantasized about becoming was blonde. Jessica Wakefield, perfectly popular across Sweet Valley. Britney Spears, queen
A pedestrian walks by a sign in front of the Uber headquarters on May 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines midday Monday: Dominion Energy, Berkshire Hathaway — Berkshire Hathaway gained 2.2% after the conglomerate said it is spending $4 billion to buy the natural
A new mother in Mexico contemplates the future—for her daughter, for all of us. On February 1, 2020, as I was giving birth in Mexico City, fifty-four people in China died of Covid-19. That same day, Spain reported its first national case: a German tourist isolated in a hospital on the Canary Islands. The news
How a 2005 call for ‘skin in the game’ started a 15-year countdown to the first human orbital spaceflight from U.S. soil since 2011 Success, the saying goes, has a thousand fathers. Sure enough, when a SpaceX Falcon 9 lifted off May 30, placing a Crew Dragon with two NASA astronauts on board into orbit
Paytm, India’s most valuable startup, and its co-founder and chief executive, Vijay Shekhar Sharma, announced on Monday they have reached an agreement to acquire general insurer Raheja QBE for a sum of $76 million as the financial services startup looks to tap the nation’s booming insurance market. Sharma is acquiring Raheja QBE through QorQl Pvt. Ltd,