Investors eagerly await the Federal Reserve’s monetary policy decision, speculating on the potential for a rate cut to assist in covering interest payments for the national debt. According to fund manager Freddie Lait, any rate cut by the Fed may not necessarily be driven by economic factors but rather by the need to manage the
Luxury carmaker Aston Martin has recently reported widening losses in the first quarter of the year, with shares plummeting more than 12% in early trading. The company’s adjusted loss before tax nearly doubled compared to the previous year, reaching £110.5 million. This significant increase in losses was unexpected by analysts, who had projected a loss
Apple’s Safari web browser is on the verge of a major upgrade, with reports suggesting the integration of artificial intelligence (AI)-powered features. One of the most noteworthy features mentioned in the reports is Intelligent Search. This feature is rumored to utilize Apple’s on-device AI technology, particularly the language-learning model Ajax, to summarize web pages and
In a significant shift, Amazon’s operating margin hit double digits for the first time in its history during the first quarter. The company’s margin surged to 10.7%, surpassing previous highs and reaching levels that have exceeded investor expectations. This milestone is a testament to CEO Andy Jassy’s focus on services and cost management strategies that
Prescribing QT-prolonging medications with known torsades de pointes (TdP) risk to older dialysis-dependent patients is a common practice among non-nephrologists, as highlighted in a recent cross-sectional study. The study revealed that a significant percentage of Medicare patients with kidney failure receiving in-center hemodialysis were prescribed medications with known TdP risk, raising concerns about patient safety
The news of Scottish actor Brian McCardie’s sudden passing at the age of 59 has sent shockwaves through the entertainment industry. Known for his memorable portrayal of mafia boss John Thomas ‘Tommy’ Hunter in the popular TV crime drama Line Of Duty, McCardie’s unexpected death has left his family, friends, and colleagues devastated. A Talented
President Joe Biden recently introduced an updated policy aimed at protecting critical U.S. infrastructure sectors such as energy and financial services from foreign cyberattacks. This new policy serves as a revamp of the Obama administration’s Presidential Policy Directive, or PPD-21, which was established in 2013. The decision to revise this policy was initiated over a
Dubai’s leadership has recently approved a groundbreaking plan to build a new passenger terminal at Al Maktoum International Airport, making it five times larger than the city’s current main international airport. With a staggering budget of 128 billion dirhams ($35 billion), this project is set to transform the aviation industry in Dubai and establish the
IIT Madras, a prestigious engineering college in India, has taken a bold step in exploring the potential uses of blockchain technology in the governance sector. By moving its student election systems from traditional servers to blockchain, the college is delving into the world of distributed ledger technology. This initiative is part of a larger effort
In a crucial Game 5 of the Western Conference first-round series, Jamal Murray of the Denver Nuggets showed exceptional resilience and skill by scoring 32 points despite dealing with a strained calf. His game-winning shot with 3.6 seconds left not only secured the victory for the Nuggets but also eliminated LeBron James and the Los