Sounds

• Investors are facing a grim economic outlook as inflation accelerates and economic growth slows under President Trump's administration. • This trend is concerning for the stock market because corporate earnings serve as the primary long-term determinant of stock prices. • To analyze these risks, the text references the cyclically adjusted price-to-earnings (CAPE) ratio, a valuation tool introduced in 1988 by Nobel laureate Robert Shiller and John Campbell.

Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fireSign up for the Breaking News US newsletter emailJerome Powell, the former chair of the Federal Reserve, has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank.As Donald Trump’s administration continues to test the Fed’s longstanding independence, Powell said in a speech on Sunday night that the institution was in the midst of a “stress test”. Continue reading...

Recording of humpback whale from 1949 could also provide new understanding of how the huge animals communicateA haunting whale song discovered on decades-old audio equipment could open up a new understanding of how the huge animals communicate, according to researchers who say it’s the oldest such recording known.The song is that of a humpback whale, a marine giant beloved by whale watchers for its docile nature and spectacular leaps from the water, and was recorded by scientists in March 1949 in Bermuda, said researchers at Woods Hole Oceanographic Institution in Falmouth, Massachusetts. Continue reading...

The books, TV, games and more that New Scientist staff have enjoyed this week