Echoes of dotcom bubble haunt AI-driven US stock market

July 1, 2024 – 10:03 PM PDT REUTERS/Dado Ruvic/Illustration/File Photo NEW YORK (Reuters) – A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology. Advertisement AI fever, coupled with […]
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts – CNBC

The app gamifies personal finances with weekly sweepstakes and other flashy features, and occasionally covered some of her transactions. “You could go buy something and get something free with your purchase,” Kraft told CNBC. Now her entire life savings, $7,006, is trapped in a complex dispute playing out in bankruptcy court and online forums. Reddit […]
Rocket Mortgage Classic gives CBS Sports highest rated non-major/Signature Event of 2024

Akshay Bhatia’s three-putt on the 72nd hole helped Cameron Davis become the only player at 18 under par to win the 2024 Rocket Mortgage Classic, which led to a big ratings boost for CBS Sports. The network averaged 2.472 million viewers for Sunday’s final round at the Detroit Golf Club, up 1 percent from last […]
California Mayor Says He’s ‘Living The Dream’ Visiting Chinese Region Tied To Slave Labor, ‘Genocide’

“I’m dreaming,” the California mayor said during a visit to an area in China allegedly linked to slave labor practices and human rights abuses. Dr. Paul Courtney, Mayor of Barstow, California, expressed his excitement to be participating in the 8th China Eurasia Expo, which began in Xinjiang, China last week, saying: media He said he […]
Biden donors back ‘Plan B’, say ‘it’s Armageddon’ after debate: reports

Donors supporting President Biden’s reelection are now reportedly backing a “Plan B” and describing the situation as “Armageddon” after the 81-year-old Biden was panned for his performance in last week’s debate with former President Trump. The development comes after the Biden campaign said it had raised $264 million in the past three months, including at […]
20 Disneyland park goers stuck at top of roller coaster when ride malfunctions

Passengers on the Incredicoaster at Disneyland’s California Adventure park were forced to wait more than an hour after the ride was stuck running on Sunday. About 1:30 p.m., 20 guests needed to be rescued after the roller coaster stalled midway. The temperature outside in Anaheim, California, was about 83 degrees at the time, according to […]
At Least 60 People Killed In Stampede At India Religious Event

(Photo credit: -/AFP via Getty Images) James Myers of OANTuesday, July 2, 2024 7:52 AM More than 60 people were killed and dozens injured when a crowd broke out during a religious event in the northern Indian state of Uttar Pradesh on Tuesday, authorities said. advertisement The cause of the mob stampede remains unclear, but […]
41% of Democrats Want Joe Biden to Quit

A USA Today/Suffolk University poll conducted Monday found that 41% of Democrats want President Joe Biden to drop out of the 2024 presidential race, while just 51% want him to remain in the race. The poll will be one of the first post-debate polls that Democratic activists and donors will be looking at to gauge […]
Black leaders cry racism after former Chattanooga police chief indicted for forgery, perjury

A woman with decades of law enforcement experience has been charged with more than 10 felony counts of making false official statements and is not facing justice. In 2022, Celeste Murphy was appointed the first Black female police chief in Chattanooga, Tennessee. She He had a great career.She rose to the position of deputy chief […]
Almost 70 percent of progressive voters think Biden should suspend campaign: Poll

A new poll finds that nearly 70% of progressive voters say President Biden should suspend his campaign following his performance in last week’s debate. The Our Revolution poll surveyed more than 17,000 progressive Democrats and found that 67 percent said it was time for Biden to step down. Calls for a new nominee have been […]