Ever since American manufacturing entered a long stretch of automation and outsourcing in the late 1970s, every recession has led to the loss of factory jobs that never returned. But the recovery from the pandemic recession has been different: American manufacturers have now added enough jobs to regain all that Read more…
NASA’s DART spacecraft successfully slammed into a distant asteroid at hypersonic speed on Monday in the world’s first test of a planetary defense system, designed to prevent a potential doomsday meteorite collision with Earth. From a report: Humanity’s first attempt to alter the motion of an asteroid or any celestial Read more…
Federal Reserve Chairman Jerome Powell ramped up his criticism of decentralized finance on Tuesday, saying the monetary policy normalization worldwide has “revealed significant structural issues in the DeFi ecosystem” and exposed “conflict of interest,” as he called for more appropriate regulation. “Within the DeFi ecosystem, there are these very significant Read more…
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. A review of hundreds of leaked internal documents, transaction data and interviews Read more…
Canada has said it is dropping all remaining Covid border restrictions, including vaccine requirements for travelers. As of 1 October, travelers will also no longer need to provide proof of Covid vaccination, to undergo any testing or to isolate and quarantine. The mask mandate on planes and trains will also Read more…
Kia is planning to manufacture its electric vehicles in the US, according to South Korean media sources Maeil Business and SBS (via The EV Officials). The automaker currently builds its flagship electric car and North American sales hit, the Kia EV6, in South Korea at its Hwasung plant. But now, Read more…
Walmart is making its first move into the metaverse. Starting Monday, the retailer will unveil two immersive experiences on Roblox’s virtual platform. Walmart Land will feature fashion, beauty and entertainment items, while Walmart’s Universe of Play will showcase toys, the company announced. Walmart follows companies from Nike to VF in Read more…