As the summer of 2024 kicks off, almost 72 million people across the country have been placed under warnings of extreme heat according to the National Weather Service. Major cities such as Chicago, St. Louis, Indianapolis, Detroit, Cleveland, Cincinnati, Pittsburgh, Philadelphia, Boston, New York City, and Albany, New York are all experiencing these warnings. These
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The U.S. Treasury yields experienced a decline on Friday amid recent data suggesting a decrease in inflationary pressures. Specifically, the 10-year Treasury yield dropped by 3 basis points to 4.211%, while the 2-year Treasury note yield was down by 1 basis point at 4.679%. This movement is in line with the general principle that yields
Databricks, a leading data analytics software vendor, recently announced to investors that its annualized revenue is projected to reach an impressive $2.4 billion by the midpoint of this year. The company’s CFO, Dave Conte, disclosed that annualized sales for the first six months of fiscal 2025 are expected to surge by 60% compared to the
The International Energy Agency recently released a report indicating that the surge in global oil production, led by the United States, is expected to surpass demand growth between now and the end of the decade. This forecast paints a picture of unprecedented levels of spare capacity in the oil market, which could potentially disrupt the
The Department of Justice strongly criticized House Republicans for promoting a baseless conspiracy theory that the agency had a hand in the New York hush money trial of former President Donald Trump. Assistant Attorney General Carlos Uriarte labeled the claims as irresponsible and false in a letter to House Judiciary Chairman Jim Jordan, R-Ohio. This
OpenAI recently made headlines by hiring two top executives to join their team. Sarah Friar, previously CEO of Nextdoor and finance chief at Square, has been appointed as the company’s chief financial officer. This move is seen as a strategic decision to bolster the company’s financial capabilities and support its core research capabilities. Friar’s experience
Former President Trump is set to participate in a virtual interview with a New York City probation officer, accompanied by his attorney Todd Blanche, after being found guilty on all counts in the hush money trial. This virtual interview, scheduled to take place from his home at Mar-a-Lago, is a requirement by the court as
Boeing’s Starliner is a human-grade space capsule created to transport astronauts to and from the International Space Station. The development of the capsule began in 2014 when Boeing secured a $4.2 billion contract with NASA as part of the agency’s Commercial Crew Program. This initiative also saw SpaceX being selected by NASA to develop its
Microsoft recently announced that the Recall feature, which captures screenshots and enables searching of user activity on new PCs, will now be off by default. This decision comes after security researchers discovered that attackers could potentially access sensitive data through this AI feature. The Recall feature was initially showcased during a press briefing for Copilot+
Recently, the Federal Trade Commission (FTC) and the Justice Department have announced plans to conduct antitrust investigations into tech behemoths Microsoft, OpenAI, and Nvidia. These investigations aim to scrutinize the influence of these companies on the artificial intelligence (AI) industry, rather than focusing on mergers and acquisitions. This move comes as smaller startups gain momentum