The stock market is sending a worrying signal that 2025 is going to be a tough year
The stock market has had a tough week, but it might also be in store for a tough year in 2025. The market is on track for its worst week since March 2023 after the Federal Reserve gave a hawkish forecast for interest rate cuts in 2025. But looking at the market’s internals, it’s clear…
Carbon-removal tech startups like Equatic and Climeworks look to the future of sustainability
The Equatic engineering team at the company’s development plant in Los Angeles. Out on a barge in Los Angeles, a team of engineers is hard at work tweaking the designs of a collection of machines with multiple tubes attached to tanks filled with air and different minerals. The team works for a startup called Equatic,…
As an emergency medicine doctor, I see a lot of confusion over end-of-life wishes. Keep an open conversation with your family and revisit often.
A woman speaks with her physician on medical treatment This as-told-to essay is based on a conversation with Dr. Ferdinando Mirarchi, DO, founder and CEO of MIDEO Health. It has been edited for length and clarity. When I was a medical intern, I was in the intensive care unit one day when a 55-year-old mother…
How Elon Musk made SpaceX take off by giving employees stock options
Elon Musk attends the launch of a SpaceX rocket with astronauts on board. Working at SpaceX in the company’s earliest days was intense, but it may pay off for some hires. Tough working conditions might tank some businesses, but not SpaceX. On December 11, Bloomberg reported that the Elon Musk-founded company was valued at $350…
Elon Musk downplayed his influence after Democrats started calling him ‘President Musk’
Musk attended the Army-Navy football game alongside Trump and Vice President-elect JD Vance. Elon Musk has tried to downplay his influence in helping tank a government funding bill, and after Democrats started referring to him as “President Musk.” In a series of X posts on Thursday night, Musk tried to distance himself from Democrats’ claims…
I’ve been to Africa multiple times. Here are the best things I did in Zimbabwe, South Africa, Morocco, and Egypt.
Victoria Falls was incredible to see while in Zimbabwe. The African continent is teeming with unique travel experiences. There’s something for just about any traveler, whether you want to go on an African safari, savor first-class food and wine, see diverse landscapes, laze on stunning beaches, or marvel at ancient civilizations. My African bucket list…
Stock market today: Sell-off continues as the government heads toward shutdown
Donald Trump and Elon Musk US stocks declined on Friday as investors weighed concerns about the Federal Reserve’s interest rate path and a potential government shutdown. While the broader stock market decline began on Wednesday following the Fed’s hawkish interest rate cut, it accelerated into Friday amid concerns of an imminent government shutdown. Congress has…
Novo Nordisk stock plunges 20% after a trial of its latest weight loss drug disappoints
At a Novo Nordisk manufacturing plant in north China’s Tianjin. Novo Nordisk’s stock suffered its biggest one-day slide on record after its latest obesity drug trial disappointed investors hoping for another blockbuster weight-loss drug. The Ozempic-maker’s stock plunged 21% to trade at $82.03 per share shortly after the opening bell on Friday morning, hitting its…
Bitcoin ETFs see record outflows as crypto market plunge accelerates after hawkish Fed meeting
Spot bitcoin ETFs saw $680 million in outflows on Thursday, the largest-ever single-day outflow in exchange-traded funds that track the crypto. Crypto investors pulled a record amount from bitcoin exchange-traded funds on Thursday as selling pressure intensified after markets recalibrated expectations for rate cuts in 2025. Spot bitcoin ETFs saw $680 million in outflows on…
