Aarav Patel

Ford and Mazda Issue Urgent “Do Not Drive” Warning: 475,000+ Vehicles at Risk Due to Faulty Air Bags

Aarav Patel August 14, 2024

Ford and Mazda issue urgent "Do Not Drive" warning for 475,000+ vehicles due to dangerous Takata air bag inflators. Affected models include older Ford, Lincoln, Mercury, and Mazda vehicles. Owners urged to check status and seek immediate repairs.

Hawaiian Electric Faces Fiery Financial Hurdles Amid Maui Wildfire Settlement

Aarav Patel August 12, 2024

Hawaiian Electric raised a "going concern" risk in its recent earnings report, revealing it has no financing plan yet for the $1.99 billion Maui wildfire settlement; the utility and its parent, HEI, are collaborating with advisers to develop a financing strategy for their share of a larger $4 billion...

Meet the iPhone Air: The Future of Sleek and Smart

Aarav Patel August 12, 2024

Apple's upcoming iPhone 17 Slim, rumored to be the "iPhone Air," will initially prioritize portability over performance, forming the shape of future iPhones; while the iPhone 16 design remains unchanged, the iPhone 17 lineup will feature this significantly redesigned, expensive yet less powerful model, drawing comparisons to the original...

Parasite Couriers: Gene Tweaks Turn Bugs into Brain Drug Deliverers

Aarav Patel August 12, 2024

Researchers from Tel Aviv University have engineered the brain parasite Toxoplasma gondii, which can traverse the blood-brain barrier, into a carrier for therapeutic proteins, potentially offering a novel treatment for neurological disorders like Rett syndrome by delivering the MeCP2 protein, as demonstrated in brain cells and lab mice, though...

Buffett’s Berkshire Outpacing the Fed in Short-Term Treasury Bill Holdings

Aarav Patel August 11, 2024

Ken Fisher discussed recent stock market volatility on 'Making Money,' while Warren Buffett's Berkshire Hathaway has amassed $234.6 billion in short-term U.S. Treasury bills, surpassing the Federal Reserve's holdings, as part of its strategy to increase cash reserves to $277 billion; this surge follows a significant reduction in Apple...

Intel’s Core CPUs: Bug Fixes Without the Performance Hit

Aarav Patel August 11, 2024

Intel's latest statement reveals that recent microcode patches for the voltage issue affecting 13th- and 14th-gen Core processors show minimal performance impact, with exceptions on specific tests, and ensure future products remain unaffected; unlike the 2023 "Downfall" bug fix that cut performance by 40%, this update allows overclocking with...

Debby’s Aftermath: High Water Rescues Sweep New York and Pennsylvania

Aarav Patel August 10, 2024

First responders carried out high-water and helicopter rescues in rural New York and Pennsylvania after heavy rain from Debby remnants caused intense floods, with the worst flash flooding in New York affecting villages south of the Finger Lakes; meanwhile, in Vermont, over 47,000 customers lost power, and Gov. Phil...

Home Prices Take a Dip – The Top 3 Cities Leading the Decline

Aarav Patel August 9, 2024

This year, sellers are enticing cautious buyers facing high costs and steep interest rates by lowering prices, as median home prices dropped to $439,950, with significant reductions in cities like Tampa, Charlotte, and Phoenix; the "Golden handcuff" effect of low pandemic-era mortgage rates has limited supply, but recent rates...

**Unbeatable Laptop Deals Forecasted for This Year, Says Analyst**

Unbeatable Laptop Deals Forecasted for This Year, Says Analyst

Aarav Patel August 9, 2024

The tech industry's rapid release of new processors means retailers are eager to clear out older laptop stock, leading to potentially great deals; Mercury Research analyst Dean McCarron notes Intel, AMD, and Qualcomm are introducing exciting new models like AMD's Ryzen AI 300, Intel's Lunar Lake, and Qualcomm's Snapdragon...

Wall Street’s July Jolt: Weekly Job Watch

Aarav Patel August 8, 2024

Wall Street ticked slightly lower before the open on Thursday amid incoming corporate earnings reports and anticipation of the latest government jobs data, with Bumble's 40% stock drop after poor revenue forecasts highlighting market volatility, while strong S&P 500 earnings offer some support despite lingering economic concerns; the Labor...

From Payday Peaks to Paycheck Squeaks: The Shrinking Raise Phenomenon

Aarav Patel August 8, 2024

On Varney & Co., University of Maryland economist Peter Morici discusses Wall Street's view on Biden's economy, noting that the era of hefty pay increases is over as companies trim raises, evidenced by new data showing fewer workers getting pay bumps from job switches and many firms downsizing salary...

Honda Revs Up: Profits Zoom Nearly 9% on High Motorcycle and Car Demand

Aarav Patel August 7, 2024

Honda reported an 8.7% profit increase for the April-June quarter, driven by robust hybrid vehicle sales in Japan and the U.S., along with motorcycle sales in India and Brazil, totaling 394.7 billion yen, up from 363 billion yen a year earlier; while favorable currency exchange rates added nearly 48...