Ex SEC Chief Jay Clayton

Former SEC chief Jay Clayton said the US and China have become increasingly codependent in recent years.  If tensions rise between the two superpowers, it could pose huge risks for both economies, he told CNBC. “We are deeply embedded in…

Amazon, Meta, Twitter, Disney, Zoom, Set Cuts

Deloitte, BuzzFeed News, and Whole Foods employees are the latest to be hit by a wave of layoffs. Over the past few months, layoffs have expanded outside of tech, media, and finance as Dow and 3M announced cuts. See the…

Wall Street Digests Slew of Earnings Results

US stocks were mixed Friday but largely flat amid more earnings reports. Over 75% of S&P 500 companies that have reported so far have beat analysts’ earnings estimates.  But the S&P 500 and the Dow are on track for their…

Justice Abe Fortas Resigned From Supreme Court, Clarence Thomas Won’t

Supreme Court Justice Abe Fortas resigned in 1969 over accusations of financial misconduct. Courts experts told Insider Justice Clarence Thomas’ alleged misconduct appears far worse. But unlike Fortas, Thomas is unlikely to experience severe consequences in the post-Trump era. LoadingSomething…

Why SpaceX Starship Is Black and Silver

SpaceX’s Starship rocket is predominantly silver instead of the conventional white. The silver color comes from noncorrosive stainless steel that SpaceX used to build the rocket. Starship is also studded with black, hexagonal tiles to help protect it upon atmospheric…