Labor costs aren't driving up inflation: SF Fed paper
Rising U.S. labor costs are doing little to drive up inflation, researchers from the Federal Reserve Bank of San Francisco
2023-05-31 01:19
Illegal Premier League football streaming gang jailed
Five men in the UK who illegally streamed English Premier League football matches to tens of thousands of people were jailed on...
2023-05-31 01:15
Explainer-Why are Nvidia's shares soaring and what is its role in the AI boom?
Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper
2023-05-31 00:18
Nvidia shorts down $4.1 billion in mark-to-market losses since May 24-S3 Partners
NEW YORK Short sellers in shares of Nvidia Corp. were down $4.1 billion in mark-to-market losses over the
2023-05-31 00:00
Crypto here to stay, must be regulated: Hong Kong treasury chief
Hong Kong has decided to let retail investors trade cryptocurrency under its new regulatory regime because "virtual assets are going to stay", the city's minister...
2023-05-30 23:56
Spending $50 at REI essentially gets you a free lifetime co-op membership
TL;DR: Through July 13, making a $50 purchase at REI plus a one-time $30 lifetime
2023-05-30 23:15
Purdue Pharma can protect Sackler owners in opioid bankruptcy, court rules
By Dietrich Knauth NEW YORK Bankrupt OxyContin maker Purdue Pharma can shield its owners, members of the wealthy
2023-05-30 22:52
US consumer confidence dips in May - survey
WASHINGTON U.S. consumer confidence slipped in May as concerns about the economic outlook lingered, but more households planned
2023-05-30 22:18
Obama agreed to $2.1 trillion in spending cuts to end 2011 debt ceiling crisis. Here's what happened next.
The nation is days away from defaulting on its obligations. The Republican House speaker, pushed by conservatives in his party, demands deep spending cuts. The president, a Democrat, works on negotiating a package to avert a fiscal calamity.
2023-05-30 21:20
Elon Musk meets Chinese FM in Beijing
Elon Musk met Foreign Minister Qin Gang in Beijing on Tuesday, the ministry said, as the Tesla CEO embarks on his first trip to China...
2023-05-30 20:53
Italy plans state-backed fund to promote AI startups
ROME Italy's government plans to set up an investment fund backed by state lender Cassa Depositi e Prestiti
2023-05-30 20:28
AI poses 'extinction' risk, say experts
Global leaders should be working to reduce "the risk of extinction" from artificial intelligence technology, a group of industry chiefs...
2023-05-30 20:27
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