Oct 13, 2018

A look ahead: Scientific advances across industries

Illustration: Lazaro Gamio/Axios

Cutting-edge developments in neuroscience could come out of a major conference taking place in early November.

The big picture: Scientists have been making gains in everything from understanding addiction to designing treatments to help re-establish brain-body connections, allowing people to use limbs that they had lost to amputations or spinal cord injuries.

Driving the news: The world's top Earth scientists will meet in Washington in December to present the latest on everything from the future of our climate to a future mission to Mars. Lots of news will come out of this conference, from research into what may have caused the monstrous fire tornado that struck Redding, California in July, to what NASA's Cassini spacecraft learned about Saturn's rings during its recent mission.

SpaceX and Boeing will also be moving closer to the first uncrewed tests of their spacecraft that will eventually take NASA astronauts to the International Space Station.

  • This work has taken on a new urgency after the aborted Russian rocket launch to the Space Station on Oct. 11.
  • That incident has left the U.S. with no human spaceflight capability for at least a few months, pending an investigation. 

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Scoop: Top NSC official reassigned to Energy Department amid "Anonymous" fallout

Photo: Mark Wilson/Getty Images

Deputy national security adviser Victoria Coates will be reassigned as a senior adviser to Energy Secretary Dan Brouillette, the National Security Council said Thursday — and a senior White House official said that the administration "rejects" the rumors that she is "Anonymous."

Why it matters: Coates has battled claims that she is the still-unknown Trump administration official that penned a New York Times op-ed and book critical of President Trump.

The Fed may be setting the table for 2020 rate cuts

Illustration: Sarah Grillo/Axios

The Fed looks to be laying the groundwork to lower U.S. interest rates this year, just as they did in April 2019 before cutting rates in July, September and October.

Why it matters: A Fed rate cut makes taking on debt more attractive for U.S. consumers and businesses, helping to juice the economy, but also puts the central bank in a weaker position to fight off a potential recession.

Morgan Stanley to buy E*Trade in a $13 billion deal

Photo: Rafael Henrique/SOPA Images/LightRocket via Getty Images

Morgan Stanley is planning to buy E*Trade Financial Corp. in a $13 billion all-stock deal, the Wall Street Journal reports, with plans to acquire the company known for helping everyday Americans manage their money.

Why it matters: The deal, which would be the largest by a major American bank since the financial crisis, signals Morgan Stanley‘s desire to bulk up in wealth management.