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Ferrari just unveiled its first EV. The internet wasted no time roasting it.

Ferrari’s hot new EV is getting roasted on the internet.On Monday, the Italian luxury carmaker gave its first look at its first-ever fully-electric car, the Ferrari Luce. The car, designed by former Apple designer Jony Ive and Australian industrial designer Marc Newson, costs $640,000.Ferrari posted a video on its Instagram…

Clashes at 159.00, retreats to 50-day SMA

USD/JPY edges lower during the North American session on Monday, sponsored by geopolitical headlines that weighed on the US Dollar (USD). In the meantime, fears of a possible intervention of Japanese authorities in the FX markets underpinned the Japanese Yen (JPY). At the time of writing, the pair trades at 158.91, down 0.19%.USD/JPY Price Forecast: Technical outlookFrom a technical perspective, USD/JPY is consolidating above the 50-day Simple Moving Average (SMA) at 158.78, with buyers pushing…

Finance news

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Business

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Bernie Sanders warns AI controlled by billionaires will replace workers

Sen. Bernie Sanders, I-Vt., warned Sunday that artificial intelligence (AI) and robotics could replace American workers and even damage children’s social development if the technology is controlled by billionaires prioritizing profits over people. Speaking at a “Fight Oligarchy” rally in Maine, the Vermont independent argued that AI could deepen economic…

Markets

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Everything Taylor Swift has worn this year, ranked from worst to best

A different night in New York City, Swift was photographed wearing a white Retrofête minidress. The simple garment had a high neckline, long sleeves, and a short pleated skirt.On its own, the dress might not have stood out on Swift. However, she accessorized to perfection.She contrasted the garment with a…

Investing

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