There is a growing impatience in some parts of the market as the Federal Reserve hints at the possibility of reducing interest rates. Chief economist Claudia Sahm has been vocal about the need for the central bank to gradually decrease rates in order to avoid dragging the economy into a recession. However, she notes that
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Donald Trump’s decision to participate in a Q&A session at the National Association of Black Journalists Annual Convention has sparked controversy both inside and outside the group. The decision to host Trump quickly spurred a backlash, with Karen Attiah resigning her position as co-chair of the convention in protest. This move highlights the divided opinions
As Microsoft gears up to announce its fiscal fourth-quarter earnings, analysts are predicting earnings per share of $2.93 and revenue of $64.39 billion. This represents a sizable increase in revenue growth of approximately 15% compared to the previous year’s figures, following a 17% expansion in the prior quarter. However, it’s worth noting that Google parent
Apple made an announcement on Monday regarding its AI system, Apple Intelligence, revealing that the artificial intelligence models behind it were pre-trained on Google’s Tensor Processing Units (TPUs) instead of Nvidia processors. This decision by Apple sheds light on the growing trend among major tech companies to explore alternatives to Nvidia when it comes to
Former President Donald Trump recently discussed the establishment of a U.S. bitcoin strategic reserve during a keynote speech at the Bitcoin Conference in Nashville. While Trump stopped short of making any concrete promises, his proposal raised questions and sparked discussions about the implications of such a strategic reserve for the cryptocurrency market. Trump’s proposal revolves
The upcoming Venezuelan presidential election is shaping up to be a critical moment in the country’s recent history. With President Nicolas Maduro seeking his third term in office, the contest has been labeled as one of the most open in over a decade. However, concerns have been raised about the fairness of the election, particularly
The recent flare-up of the deadly Nipah virus in the southern Indian state of Kerala has put health authorities on high alert. With a 14-year-old boy succumbing to the infection, there is a sense of urgency in tracking down all individuals who may have come into contact with him. The state Health Minister, Veena George,
Elon Musk, the visionary CEO of Tesla, recently took to social media to propose a $5 billion investment in his new startup, xAI. This bold move raised eyebrows and generated a lot of discussion in the tech and business communities. Let’s take a closer look at the details of Musk’s proposal and the implications it
In a groundbreaking discovery that challenges existing scientific knowledge, a team of international scientists has unearthed evidence of oxygen production taking place in the depths of the Pacific Ocean from potato-shaped metallic nodules. This revelation, detailed in a recent publication in the prestigious journal Nature Geoscience, has the potential to reshape our understanding of how
Boeing recently secured an order for a minimum of 40 wide-body jetliners from Korean Air at the Farnborough Airshow in England. The order includes 20 of the yet-to-be-certified 777X jetliners, as well as 20 787-10 Dreamliner planes. There is also the option for Korean Air to increase their order by an additional 10 Dreamliners. Despite