The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain...Technologyread more
Valisure, an online pharmacy company, told the FDA that high levels of dimethylformamide were found in valsartan, a drug produced by Swiss drugmaker Novartis and other...Health and Scienceread more
Sunday's Singapore Grand Prix final saw tremendous quantities of real-time data transmitted to factories all over the world in what's seen as a major technological breakthrough.
During the 90-minute race, there were "10 terrabytes of data float through the system, which makes it the biggest science project on the planet for that period of time, eclipsing even the human genome project," Ian Rhodes, CEO of McLaren Applied Technologies, said ahead of the race.
Speaking on the sidelines of the Singapore Summit on Saturday, Rhodes explained how his company provides the electronics backbone for the entire race series.
Data coming from the cars racing around the island-nation's city-center goes through engine control units that Rhodes' firm supplies to every team. Those units essentially end up becoming the data hub, he explained.
The data from the control units are sent in real-time to the track-side, pit lane and international factories, where mission control departments will utilize the information to help race teams improve performance and strategy, Rhodes said.
For example, mission control can figure out what's going on in other cars, when drivers should change tires, and when engine power should be increased or reduced, Rhodes said.
"Each mission control unit will probably run 300,000 simulations — live — during the race to constantly advise their team on what to do next," he said Saturday.
Essential to building the world's fastest vehicles, Formula One technology has been sought-after by various global industries and is closely monitored by racing fans who attend the annual Singapore event, which was Asia's first-ever street circuit.
The future of the race on the island nation was hotly contested over the past year amid declining attendance rates, but officials recently announced a four-year extension.
Aside from the data experiment, which is aimed at enhancing the human ability to make better decisions, aerodynamic designs and the relationship between software efficiency and a car's cooling systems are some of F1's other technological advancements, Rhodes said.