#Finance

The Fed’s favorite inflation gauge rose less than expected in August

An economic indicator that the Federal Reserve uses as a measure of inflation rose less than expected in August, showing that the central bank's fight against rising prices is making progress. The personal consumption expenditures price index, which excludes food...

India’s Moon Landing Makes History at a Relatively Low Cost

Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics, catalogs the fates of the Soviet Union's first 11 space missions before the spacecraft successfully landed on the moon as stuck, failed, missed, failed, failed, stuck, failed, crashed, missed,...

Intuit’s Alex Chriss chosen as the new PayPal CEO

The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier...
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