The Fed's big question: Are high interest rates doing their job? That is taking imminent interest rate cuts off the table and has made the timing of their eventual arrival uncertain. It means rising odds that the Fed's next move will be a rate hike, not a rate cut, ... 04/29/2024 - 6:12 am | View Link
Inflation-wary US rate options market cautiously prices for 2024 Fed hike Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could hike interest rates a quarter percentage point this year and next as U.S. 04/28/2024 - 11:01 pm | View Link
Investors confused about the Fed's rate path look to Jay Powell for answers Federal Reserve officials face a lot of questions as they convene for their two-day policy meeting this week, and investors are hoping Chair Jerome Powell will provide some answers. Has the cooling of ... 04/28/2024 - 9:00 pm | View Link
The Dream of Fed Rate Cuts Is Slipping Away Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets. 04/26/2024 - 2:28 am | View Link
Howard Lutnick Sees Fed Making One Rate Cut Near Presidential Election Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve to cut rates a single time this year, just ahead of the US presidential election. 04/25/2024 - 5:46 am | View Link
Oh hey there! If you're here, it must be time for Wordle. As always, we're serving up our daily hints and tips to help you figure out today's answer. If you just want to be told today's word, you can jump to the bottom of this article for April 30's Wordle solution revealed.
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 / Farm cats drinking from a trough of milk from cows that were just milked. (credit: Getty | )
On March 16, cows on a Texas dairy farm began showing symptoms of a mysterious illness now known to be H5N1 bird flu. Their symptoms were nondescript, but their milk production dramatically dropped and turned thick and creamy yellow.
Enlarge (credit: Roku)
Roku CEO Anthony Wood disclosed plans to introduce video ads to the Roku OS home screen. The news highlights Roku’s growing focus on advertising and an alarming trend in the streaming industry that sees ads increasingly forced on viewers.
As spotted by The Streamable, during Roku's Q1 2024 earnings call last week, Wood, also the company's founder and chairman, boasted about the Roku OS home screen showing users ads "before they select an app," avoiding the possibility that they don't see any ads during their TV-viewing session.
Enlarge / Edwin (George Rexstrew) and Charles (Jayden Revri) are the Dead Boy Detectives, ghosts who solve paranormal mysteries. (credit: Netflix )
For those eagerly anticipating the second season of Netflix's stellar adaption of Neil Gaiman's Sandman graphic novels, Dead Boy Detectives—the streaming plaform's new supernatural horror detective series—is a welcome return to that weird magical world.
Enlarge (credit: Benj Edwards | Getty Images)
On Friday, the US Department of Homeland Security announced the formation of an Artificial Intelligence Safety and Security Board that consists of 22 members pulled from the tech industry, government, academia, and civil rights organizations. But given the nebulous nature of the term "AI," which can apply to a broad spectrum of computer technology, it's unclear if this group will even be able to agree on what exactly they are safeguarding us from.
President Biden directed DHS Secretary Alejandro Mayorkas to establish the board, which will meet for the first time in early May and subsequently on a quarterly basis.
The fundamental assumption posed by the board's existence, and reflected in Biden's AI executive order from October, is that AI is an inherently risky technology and that American citizens and businesses need to be protected from its misuse.