Read More Business Economy The Federal Reserve’s preferred measure of inflation decreases to its lowest rate in over two years.ByMichelle ThompsonMarch 1, 2024 In January, the persistent concern over rising prices remained prevalent; however, newly released data on Thursday indicated that… Read More
Read More Business Economy As travel demand decreases, Expedia is reducing its workforce by 1,500 employees.ByMichelle ThompsonFebruary 29, 2024 Expedia, the online travel agency, is streamlining its operations through an “organizational and technological transformation,” resulting in the… Read More
Read More AI Alchemy Business Investors are deliberating whether the surge in AI constitutes a groundbreaking revolution or simply a market bubble.ByMichelle ThompsonFebruary 29, 2024 The distinction between a revolution and a market bubble often boils down to time and patience, qualities that… Read More
Read More Business The decline of traditional American department stores illustrates the shift from their former prominence to their current status as a fading category.ByMichelle ThompsonFebruary 29, 2024 Macy’s recent announcement of its plan to shutter 150 stores, equating to nearly a third of its total… Read More
Read More AI Alchemy Google has decided to stop its AI tool from generating images of people following a negative response.ByMichelle ThompsonFebruary 28, 2024 Google has decided to temporarily halt its artificial intelligence tool, Gemini, from generating images of people after facing… Read More
Read More Business Economy The current surge in the market is almost unparalleled. Is its sustainability in question?ByMichelle ThompsonFebruary 28, 2024 The recent market rally has been remarkable, with stocks experiencing an extraordinary winning streak since late October. Just… Read More
Read More Business Economy Goldman Sachs forecasts that medications such as Ozempic and Wegovy have the potential to increase the US economy by a trillion dollars within a few years.ByMichelle ThompsonFebruary 28, 2024 Goldman Sachs analysts recently highlighted the significant economic benefits anticipated for the US economy as a result of… Read More
Read More Business Currys rejects greater £742 million bid from US company ElliotByMichelle ThompsonFebruary 27, 2024 The board of a UK electronics store claims that the deal from the owner of Waterstones undervalues the… Read More
Read More AI Alchemy OpenAI argues that the New York Times ‘hacked’ ChatGPT to develop a copyright caseByMichelle ThompsonFebruary 27, 2024 In a Monday filing, OpenAI says a ‘hired gun’ took ‘tens of thousands of attempts to obtain the… Read More
Read More Current Affairs Nearly 17 million Syrians need humanitarian assistance: UNByMichelle ThompsonFebruary 27, 2024 ‘Limited access to electricity, water, and cooking fuel has worsened food poverty and malnutrition.’ Martin Griffiths says: The… Read More