If you buy something using links in our stories, we may earn a commission. This helps support our journalism. Learn more. Please also consider subscribing to WIRED Yesterday, the cheapest iPhone cost $429 if you wanted to buy directly from Apple. Today? It’s $599. The new iPhone 16e replaced the iPhone SE, giving the aging
One of the first things Elon Musk’s so-called Department of Government Efficiency (DOGE) did was push for extreme cuts to the United States’ primary international aid agency, the US Agency for International Development (USAID). Musk insisted that USAID was too wasteful and corrupt to exist, but by effectively dismantling the agency, DOGE ended projects like
Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. Fintech
Mark Zuckerberg’s charity has eliminated its DEI programs and efforts just weeks after assuring staff it would continue supporting DEI efforts, The Guardian reports. The Chan Zuckerberg Initiative (CZI), co-founded by Zuckerberg and his wife Priscilla Chan, will end internal DEI programs and no longer provide “social advocacy funding,” which provided grants for racial equity
Key Takeaways Carvana shares, which have surged more than five-fold over the past year, dropped 10% in extended trading Wednesday, even as the used car retailer reported better-than-expected earnings and provided an upbeat outlook. The stock hit a record high today before reversing to form an ominous shooting star, a candlestick pattern that signals a
Key Takeaways Lori Chavez-DeRemer, President Donald Trump’s nominee to lead the Department of Labor, didn’t commit one way or the other when asked whether Elon Musk would be allowed to see sensitive Department of Labor data. The DOL produces important economic statistics and keeps the data confidential until it is publicly released. The department also
The Japanese Yen continues to strengthen amid rising bets for additional BoJ rate hikes. Trump’s tariff threats weigh on investors’ sentiment but also benefit the safe-haven JPY. The Fed’s hawkish outlook fails to impress the USD bulls or lend support to USD/JPY. The Japanese Yen (JPY) gained strong follow-through traction on Thursday and dragged the
By Rae Wee SINGAPORE (Reuters) – The yen firmed and the U.S. dollar held steady on Thursday as investors pondered what U.S. President Donald Trump’s latest tariff agenda would mean for the global economy and how it could affect the interest rate outlook for major central banks. Geopolitics also loomed large after Trump referred to
While the stock market is still surging right now, investor sentiment may be taking a turn. Around 34% of U.S. investors feel “bearish” about the next six months, according to a weekly survey from the American Association of Individual Investors released in late January. That’s up from around 29% the week prior. While nobody can
Mark Poynting Climate and environment researcher Getty Images At more than 20km long, Aletsch Glacier is the biggest in the European Alps. But its front has retreated by around 3.2km (2 miles) since 1900, including more than 1km since 2000. The world’s glaciers are melting faster than ever recorded under the impact of climate change