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UPS hybrid trucks automatically switch to EV mode in cities

UPS has unveiled hybrid electric trucks that not only quadruple the range of previous vehicles, but automatically switch to battery-only mode in UK cities and clean-air zones. On top of that, the trucks (built by EV startup Tevva) will have the same… Source: engadget

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This Illegal $14 Million Crypto Racket Hijacked Chinese Internet Cafes

Fifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million) in cryptocurrency. The operation involved the bribery of over 9,000 internet cafe administrators who infected their systems with a Trojan allowing […]

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Amazon may launch a hand recognition payment system for Whole Foods

Time may come when you can walk out of a Whole Foods store without having to pay cash or to swipe your card — that is, if you're willing to give the Amazon-owned supermarket chain your biometric data. According to New York Post, Amazon is testing a… Source: engadget

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Dow Recession Alarms Ring Hollow Despite Sub-Zero Yield Gloom

The Dow Jones dropped by more than one percent on September 3 following several weakened futures trading sessions, dropping 285 points as the U.S. and China imposed additional sanctions over the weekend, triggering conversations about a possible recession. As investors continue to explore alternative stores of value and safe havens, strategists anticipate the bond yield […]

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This One Chart May Signal the Next Stock Market Crash

One major market index, the Russell 2000, has shown price behavior that is very worrisome. A decline of more than 1% from Tuesday’s close could be the first crack in the stock market dam that begins a wholesale stock market crash. When a major stock market index like the Russell 2000 is this close to […]