The land beneath many U.S. cities, such as New Orleans, New York City, Miami, and south San Francisco, is experiencing a concerning phenomenon known as land subsidence. This issue can have severe implications on the integrity of buildings and infrastructure within these urban areas. Furthermore, when combined with sea-level rise, land subsidence can lead to
The recent announcement of the Dora 2.0 update has sparked excitement among users of the Dora platform. With claims of providing searchability across 10+ chains, alongside bridging and swapping capabilities, as well as expansion into new VM ecosystems, Dora is positioning itself as a key player in the multichain world. However, a critical analysis of
Wells Fargo has raised its price target on AMD after the company’s latest acquisition in the artificial intelligence space. Analyst Aaron Rakers sees this as a positive move for the stock and has reiterated his overweight rating. The acquisition of Silo AI, the largest private AI lab in Europe, for $665 million is expected to
In a recent article by Investing.com, it was discussed how most Asian currencies experienced a rise as the dollar weakened. This shift occurred following comments made by Federal Reserve Chair Jerome Powell that sparked optimism surrounding potential interest rate cuts. The upcoming consumer price index (CPI) inflation report is expected to provide further guidance on
The Federal Trade Commission is taking legal action against three of the largest health companies in the United States. The reason for this legal action is due to their practices as middlemen who negotiate prices for medications, specifically insulin. The agency argues that these practices result in inflated costs for patients, which ultimately harms consumers.
As we move into the second half of 2021, investment firm Bernstein has revealed its updated selection of stocks that show potential on both quantitative and fundamental levels. This selection includes a basket of 14 different stocks spanning various sectors that have been highly rated based on quantitative indicators. These stocks are not overcrowded and
In a recent report from Bank of America, it was revealed that nearly half of Gen Zers between the ages of 18 and 27 rely on financial assistance from their family. This statistic paints a picture of the challenging financial landscape that many young adults are facing today. With 52% of Gen Zers feeling like
Despite the operational interruptions caused by Hurricane Beryl, the Galveston Wharves is moving forward with its $160 million revenue bond sale, showcasing its strength and resilience. The port’s ability to rebound quickly after the storm, with only minor damage and power outages, is a testament to its robust infrastructure and preparedness. Prior to the bond
The recent downward trajectory of Bitcoin has left many investors concerned about the future of the cryptocurrency market. Two primary reasons have been identified as the main drivers behind the decline in Bitcoin’s price. The first reason is the potential distribution of confiscated Bitcoin from the collapsed Tokyo crypto exchange, MT. Gox. This once-prominent crypto
The shortage of Federal Highway Administration emergency relief funds has caused a major obstacle in determining how the eventual replacement of the Francis Scott Key Bridge in Baltimore will be financed. According to Senate Environmental Committee ranking Member Shelley Moore Capito, the ER program is currently facing a funding shortfall of over $3.5 billion, leading