US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside. 05/3/2024 - 10:19 pm | View Link
Wall Street stocks end mostly down while dollar slides after Fed decision Wall Street stocks finished a choppy session mostly lower while the dollar retreated Wednesday after the Federal Reserve's latest decision to hold interest rates steady. 05/1/2024 - 10:55 am | View Link
EUR/USD Forecast: Lifeless as the Federal Reserve's announcement looms Financial markets are pretty quiet this Wednesday, as most markets remain closed amid the Labor Day holiday. However, such quietness will be broken in the American session, as not only does the United ... 05/1/2024 - 1:36 am | View Link
Global stocks gain on Big Tech lift; yen slides to fresh 34-yr low Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low after the Bank ... 04/26/2024 - 8:30 am | View Link
GLOBAL MARKETS-Global stocks gain on Big Tech lift; yen slides to fresh 34-yr low Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan's yen hit a fresh 34-year low after the Bank of Japan (BOJ) opted to keep monetary policy loose at its ... 04/26/2024 - 8:18 am | View Link
With summer movie season upon us, theaters are looking to draw crowds with a new interactive lobby attraction.
A long line to get into the theater is fairly standard for a hot movie in its opening weekend. A long line just to engage with a film’s lobby display, however, is not standard at all.
The housing market saw a 30% increase in active inventory in April, but that’s still 35% below pre-pandemic levels.
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In the past few days, you may have noticed something new inside Meta’s apps, including Instagram, Messenger and WhatsApp: an artificially intelligent chatbot.
Within those apps, you can chat with Meta AI and type in questions and requests like “What’s the weather this week in New York?” or “Write a poem about two dogs living in San Francisco.” The assistant will come up with responses immediately, such as “The corgi was short, with a butt so wide, the lab was tall, with a tongue that would glide.” You can also instruct Meta AI to produce pictures — like an illustration of a family watching fireworks.
This is Meta’s response to OpenAI’s ChatGPT, the chatbot that upended the tech industry in 2022, and similar bots including Google’s Gemini and Microsoft’s Bing AI.
Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening rather than improving.
“The story with interest rates is that they are only exacerbating the problem,” said Steven Byers, chief economist with the Common Sense Institute in Denver.
RIYADH, Saudi Arabia — On a Monday morning last month, tech executives, engineers and sales representatives from Amazon, Google, TikTok and other companies endured a three-hour traffic jam as their cars crawled toward a mammoth conference at an event space in the desert, 50 miles outside Riyadh, Saudi Arabia.
The lure: billions of dollars in Saudi money as the kingdom seeks to build a tech industry to complement its oil dominance.
To bypass the congestion, frustrated eventgoers drove onto the highway shoulder, kicking up plumes of desert sand as they sped past those following traffic rules.
A high school athletic director in Maryland has been accused of using artificial intelligence to impersonate a principal on an audio recording that included racist and antisemitic comments, authorities said last month.
Authorities said the case appears to be among the first of its kind in the country and called for new laws to guard against the technology.