One of the Royal Navy’s most advanced warships shot down a supersonic missile in ‘historic first’

One of the British Royal Navy’s most advanced warships, the HMS Dragon, completed a “historic first” when it shot down a supersonic missile in a test off the coast of Scotland on Friday, the force said. The Type 45 air defense destroyer fired a modified Sea Viper missile and “obliterated” an “incoming high-speed target” that…

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How a new tax bill could cause bond yields to spike and stoke a fresh bout of market chaos

President-elect Donald Trump’s 2017 tax package is set to expire in 2025. Tariff chaos may have subsided, but markets could be in for another bout of policy-fueled volatility in the coming months if bond investors throw a tantrum over the tax bill. President Donald Trump’s “Big, Beautiful Bill”—the 389-page tax bill that aims to extend…

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A guide to the Nvidia products driving the AI boom and beyond — from data center GPUs to automotive and consumer tech

Nvidia products, such as GPUs and software, are driving the AI boom. Nvidia products are at the heart of the boom in artificial intelligence. Despite starting in gaming and designing semiconductors that touch many diverse industries, the products Nvidia designs to go inside high-powered data centers are the most important to the company today, and…

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Investors have forgotten about a perfect recession indicator that could come back to bite them in the months ahead

Remember the inverted yield curve? Buzz around the recession indicator, which has preceded every economic downturn since the 1960s, has died out over the last few years. As the Federal Reserve hiked interest rates in 2022, long-end Treasury rates dipped below yields on the short end, sparking fears about the economy’s health. But a recession…

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