The Dangerous and Lucrative Business of Space Clean-Up

Startups and governments are testing everything from kamikaze satellites to robotic grappling arms. A satellite the size of a milk carton may show a way to prevent Earth’s neighborhood from turning into a junkyard. The Nimbus, scheduled to soar on an Elon Musk rocket...

Gen Z Is Relying on Debt More Than Millennials Did at This Age

Young adults in their early 20s are turning to credit cards and loans to cover the higher cost of living. Millennials transitioning to adulthood after the Great Recession had it tough. But the finances of today’s early twentysomethings are even worse. Gen Z consumers...

Souring Profit Outlooks Threaten S&P 500’s 20% Rally

Traders are punishing stocks for weaker-than-expected guidance Earnings growth is crucial as rate-cut uncertainty lingers Strong earnings beats from Corporate America may no longer be enough to keep the stock rally going. Profit outlooks are becoming more important....

US Firms Announce Fewer New Hires in April, Challenger Says

2024 sees slowest first four months of hiring in since 2016 AI cited for 800 job cuts in April, highest since May 2023 US companies pared back hiring plans in April, with employers announcing the fewest new hires in the first four months of the year since 2016,...