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America's top banker sounds warning on US stock market fall
America's top banker sounds warning on US stock market fall There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC. Jamie Dimon, who leads America's largest bank, said he was far more worried than others about a serious market correction, which he said could come in the next six months to two years. In a rare and wide-ranging interview, the bank boss also said that the US had become a less reliable partner on the world stage. He cautioned he was still a little worried about inflation in the US, but insisted he thought the Federal Reserve would remain independent, despite repeated attacks by the Trump administration on its chair Jerome Powell. Jamie Dimon was in Bournemouth, where he was announcing an investment of about ยฃ350m in JP Morgan's campus there, as well as a ยฃ3.5m philanthropic investment in local non-profits.
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Newly discovered deep-sea lanternshark glows in the waters near Australia
The tiny shark and a ghost-like crab are two of the latest species uncovered in a yearslong expedition. Breakthroughs, discoveries, and DIY tips sent every weekday. Oceanographers scouring the waters off of Western Australia have discovered two new deep-sea oddities . On October 6, Australia's Commonwealth Scientific and Industrial Research Organization (CSIRO) showcased these new species originally collected in 2022: a bioluminescent lanternshark and a tiny, semi-translucent porcelain crab . The team revealed two of its initial finds--the painted hornshark and the ridged-egg catshark --in 2023.
Researchers are reanimating 40,000-year-old microbes
Breakthroughs, discoveries, and DIY tips sent every weekday. At the US Army Corps of Engineers' research facility in central Alaska, a unique tunnel descends underground. They were hunting for something much smaller--and smellier. "The first thing you notice when you walk in there is that it smells really bad. It smells like a musty basement that's been left to sit for way too long," geological scientist Tristan Caro recounted in a statement .