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Quantum effects stop black holes from forming from high concentrations of intense light, physicists say

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Credit: NASA For the past seven decades, astrophysicists have theorized the existence of “kugelblitze,” black holes caused by extremely high concentrations of light. These particular black holes, they speculated, could be related to astronomical phenomena such as dark matter, and have even been suggested as the power source of hypothetical spacecraft engines in the distant … Read more

Dow closes at one-month high as investors expand portfolios

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By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) – The Dow rose to a one-month high on Monday, while the Nasdaq fell more than 1% as investors turned away from AI-related stocks and added some holdings to their portfolios, betting on rate cuts of Federal Reserve interest this year. The S&P 500 and … Read more

Yellen announces efforts to increase housing supply as high prices create a crisis

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WASHINGTON (AP) – The Biden administration is announcing new steps to increase access to affordable housing as still-high prices for groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Secretary of the Treasury Janet Yellen will promote the new investments Monday during a visit … Read more