MC Interview: 'US bond yields might see upward trend if inflation remains a concern, Fed maintains hawkish stance' "Given the context of the GDP report and upcoming Fed meeting, the recent rise in US treasury yields could be a short-term adjustment by the market as it digests the implications for inflation and ... 04/25/2024 - 2:16 pm | View Link
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures. 04/25/2024 - 5:51 am | View Link
EMERGING MARKETS-Mexican peso leads Latam FX down as US inflation data bolsters Fed rate worries (Bloomberg) -- Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation ... 04/24/2024 - 9:44 pm | View Link
Why higher-for-longer interest rates may not be bad news for Asian property While some Asian property markets have seen sharp declines in prices and transactions, borrowing costs are not the only factor at play in the region. The supply-demand imbalance, for one, is just as ... 04/22/2024 - 5:30 am | View Link
US labor market stays resilient; housing regresses on higher mortgage rates The number of Americans filing new claims for unemployment benefits was unchanged at a low level last week, pointing to continued labor market strength that is driving the economy. 04/18/2024 - 5:11 am | View Link
Enlarge / The Claude AI iOS app running on an iPhone. (credit: Anthropic)
On Wednesday, Anthropic announced the launch of an iOS mobile app for its Claude 3 AI language models that are similar to OpenAI's ChatGPT. It also introduced a new subscription tier designed for group collaboration. Before the app launch, Claude was only available through a website, an API, and other apps that integrated Claude through API.
Like the ChatGPT app, Claude's new mobile app serves as a gateway to chatbot interactions, and it also allows uploading photos for analysis.
Enlarge (credit: Getty Images | Yuichiro Chino)
The Federal Communications Commission chair today made a final plea to Congress, asking for money to continue a broadband-affordability program that gave out its last round of $30 discounts to people with low incomes in April.
The Affordable Connectivity Program (ACP) has lowered monthly Internet bills for people who qualify for benefits, but Congress allowed funding to run out.
Enlarge / It's a good thing this kid is too young to bet on Skee-Ball, because his dad is getting beat. (credit: Getty Images)
Anyone who's been to a Dave & Buster's location in recent years knows the arcade's heavy reliance on so-called redemption games makes the experience more like an ersatz casino than the quarter-munching video game halls of the '70s and '80s.
Enlarge / A dog gets examined by veterinary technicians in Texas. (credit: Getty | Michael Paulsen)
Two separately owned dogs in New Jersey tested positive last year for a dreaded, extensively drug resistant bacterial strain spread in the US by contaminated artificial eye drops manufactured in India. Those drops caused a deadly multi-state outbreak in humans over many months last year, with at least 81 people ultimately infected across 18 states.
Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus)
In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella received a rude awakening in an email warning that Google had officially gotten too far ahead on AI and that Microsoft may never catch up without investing in OpenAI.
With the subject line "Thoughts on OpenAI," the email came from Microsoft's chief technology officer, Kevin Scott, who is also the company’s executive vice president of AI.
Enlarge / Congress provides government support for other industries, so why not AM radio? (credit: Getty Images)
A controversial bill that would require all new cars to be fitted with AM radios looks set to become a law in the near future. Yesterday, Senator Edward Markey (D-Mass) revealed that the "AM Radio for Every Vehicle Act" now has the support of 60 US Senators, as well as 246 co-sponsors in the House of Representatives, making its passage an almost sure thing.