Fed should let interest rates rise to support healthy growth Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation. 04/23/2024 - 9:41 am | View Link
Current Mortgage Interest Rates Rates tend to rise when the economy is strengthening, and they tend to fall when the economy is weakening. NerdWallet’s daily mortgage rates are an average of the published annual percentage ... 04/22/2024 - 7:06 pm | View Link
Mortgage Rates Forecast For 2024: Experts Predict How Much Rates Will Drop Despite mortgage rates remaining stubbornly high, most housing market experts expect them to recede over 2024, assuming the Federal Reserve ... When interest rates rise, reflecting changes in ... 04/21/2024 - 1:00 pm | View Link
Federal Reserve banker Austan Goolsbee says it needs to 'recalibrate' plan to cut interest rates Increases in consumer prices in January-March that were higher than expected has caused Fed officials to rethink the timing of rate cuts, said economist Austan Goolsbee, who lead the Federal Reserve ... 04/19/2024 - 9:17 am | View Link
Will the Federal Reserve still cut rates this year? Stubborn inflation might affect assumptions the Federal Reserve will cut interest rates this year. March's inflation report showed prices were still rising, and higher than expected, making the Fed's ... 04/19/2024 - 12:45 am | View Link
Connections is the latest New York Times word game that's captured the public's attention. The game is all about finding the "common threads between words." And just like Wordle, Connections resets after midnight and each new set of words gets trickier and trickier—so we've served up some hints and tips to get you over the hurdle.
Enlarge / A meeting of the UN Security Council on April 14. (credit: Fatih Aktas/Anadolu via Getty Images)
Russia vetoed a United Nations Security Council resolution Wednesday that would have reaffirmed a nearly 50-year-old ban on placing weapons of mass destruction into orbit, two months after reports Russia has plans to do just that.
Russia's vote against the resolution was no surprise.
Enlarge / Tech brands love hollering about the purported thrills of AI these days. (credit: Getty)
Logitech announced a new mouse last week. A company rep reached out to inform Ars of Logitech’s “newest wireless mouse.” The gadget’s product page reads the same as of this writing.
I’ve had good experience with Logitech mice, especially wireless ones, one of which I'm using now.
Enlarge / Drops of the blood going onto an HIV quick test. (credit: Getty | BRITTA PEDERSEN)
Trendy, unproven "vampire facials" performed at an unlicensed spa in New Mexico left at least three women with HIV infections. This marks the first time that cosmetic procedures have been associated with an HIV outbreak, according to a detailed report of the outbreak investigation published today.
Ars reported on the cluster last year when state health officials announced they were still identifying cases linked to the spa despite it being shut down in September 2018.
The HMD Pulse base model. [credit:
HMD ]
HMD has been known as the manufacturer of Nokia-branded phones for years now, but now the company wants to start selling phones under its own brand. The first is the "HMD Pulse" line, a series of three low-end phones that are headed for Europe.
Enlarge (credit: Getty Images)
In the world of AI, what might be called "small language models" have been growing in popularity recently because they can be run on a local device instead of requiring data center-grade computers in the cloud. On Wednesday, Apple introduced a set of tiny source-available AI language models called OpenELM that are small enough to run directly on a smartphone.