President Donald Trump’s pledge to send every American adult a $5,000 check if Republicans hold Congress in November carries a price tag that economists say has no clear funding source — and would land on a federal balance sheet already strained by a nearly $2 trillion annual deficit. Kent Smetters, faculty director of the Penn Wharton
Investors were glued to their TVs on Friday as Federal Reserve boss Kevin Warsh stepped up to the podium at the annual Jackson Hole Economic Symposium. The hotly anticipated remarks held a few key takeaways for investors. For one, Warsh reiterated what many already knew, which is that the era of forward guidance from the
The universe is full of cool and interesting things, like black hole stars and nightmare planets that get scorched by their host star. Now researchers have found a star that moves ridiculously fast, and it’s right in our celestial backyard, whipping around the Milky Way’s supermassive black hole. Say hello to S301, a star near
A team of astronomers has just detected the fastest star in the galaxy. Its anomalous speed has a more unsettling explanation: It orbits Sagittarius A*, the supermassive black hole at the center of the Milky Way, the mass of which is equivalent to four million times that of the sun. S301, as astronomers have named
When Soundgarden Wrote “Black Hole Sun,” they may have inadvertently been onto something. In a new paper in Nature, scientists have chronicled a “black hole star” that’s the size of our solar system and glows bright red in the depth of space. The findings are based on observations from the James Webb Space Telescope, which
Observations and data reduction MoM-BH*-1 has been observed with JWST by three programmes. It was imaged in cycle 1 by the PRIMER survey14 (JWST-GO-1837; principal investigator: J. Dunlop) using the MIRI (5 January 2023 and 16 January 2023) and NIRCam (7 August 2023 and 9 August 2023) instruments. In cycle 2 (19 December 2023), the
