NEW YORK – The Baltimore Orioles are headed to the playoffs in consecutive years for the first time since the 1990s, clinching no worse than a wild-card berth with a 5-3 win over the New York Yankees on Tuesday night combined with Minnesota’s loss to Miami. Baltimore (87-70) has only a remote chance of overtaking … Read more
A China Resources property under construction in Nanjing, Jiangsu province, China, Sept 24, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China’s slowing economy needs more than interest rate cuts to boost growth, analysts said. The People’s Bank of China on Tuesday surprised markets by announcing plans to cut a number of rates, … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email David Rosenberg of Rosenberg Research talks about supply and demand dynamics in the US labor market, and says the higher unemployment rate comes down to weaker demand, not higher supply. Source link
MEXICO CITY — California avocado growers are fuming this week about a U.S. decision to hand over pest inspections of Mexican orchards to the Mexican government. Inspectors hired by the U.S. Department of Agriculture have been guarding against imports of avocados infected with insects and diseases since 1997, but they have also been threatened in … Read more
NEW YORK — Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, was sentenced to two years in prison on Tuesday after she apologized to everyone hurt by a fraud that stole billions of dollars from investors, lenders and customers. Ellison, 29, could have faced a much tougher sentence, but … Read more
Aaron Rodgers knows a thing or two about quarterback play. He is a four-time NFL MVP and a Super Bowl champion. The 40-year-old quarterback talked about the challenges young quarterbacks face when transitioning from college football to the NFL during a recent appearance on “The Pat McAfee Show.” “As far as quarterback play goes, these … Read more
China’s central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy. Wang Zhao | AFP | Getty Images China’s central bank lowered the cost of its medium-term loans to banks on Wednesday in … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Granite Asia’s Jenny Lee and SGX CFO Ng Yao Loong discusses where the next batch of unicorns could come from in Southeast Asia and how private and public capital markets can do more to support their growth. Source link
Facebook has used illegal monopoly power and an “unlawful scheme” to stifle competition, degrade personal privacy, and crush rivals, according to antitrust lawsuits filed Wednesday by the Federal Trade Commission and attorneys general from 46 states and two territories. “For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals … Read more
OpenAI has launched advanced voice mode for audio chats with ChatGPT. Jordan Novet, CNBC ChatGPT is ready for more natural audio chats. OpenAI said Tuesday that its popular chatbot now has an advanced voice feature for people who pay for the premium service. The tool allows for more fluid conversations. The release will continue through … Read more