AI sector frustrated by Congress’ slow pace keeping up with the advanced tech
Those close to the growing field of artificial intelligence (AI) say the industry is frustrated with the pace of Congress' response to the issue. AI experts and industry insiders are especially concerned with less than a month until Election Day. As advanced AI technology becomes more accessible, “deepfakes” and other forms of misinformation are becoming […]
Yankees not pushing Giancarlo Stanton to pick up the pace
The Yankees and Aaron Boone were willing to limit Giancarlo Stanton's injury risk and get him through the regular season given his lack of speed. The same goes for the playoffs. Stanton, who has struggled with calf, hamstring and quadriceps issues over the past five seasons, could have given up two runs to the Yankees […]
U.S. crude oil on pace for third monthly loss in a row in September – CNBC
U.S. oil prices continued to decline for the third consecutive month in September as increased supply from OPEC+ and weak demand from China plagued the market. The U.S. index fell more than 7% for the month, while global benchmark Brent fell about 9%. “The oil market is having a panic attack,” Barclays energy analyst Amarpreet […]
Japanese Yen remains subdued as Fed’s Powell says 50 bps cuts are not a new pace – FXStreet
The Japanese yen fell after Fed Chairman Powell stressed that a 50 basis point rate cut was not a “new pace.” Hawkish views on the Bank of Japan could limit the yen's decline. Federal Reserve policymakers raised their longer-term outlook for the federal funds rate to 2.9% from 2.8%. The Japanese Yen (JPY) pared intraday […]
Holiday sales to grow at slowest pace since 2018; inflation wipes out consumers’ savings
U.S. holiday sales are expected to grow at the slowest pace since 2018 amid concerns that persistent inflation will wipe out consumer savings, according to a new survey. Holiday retail sales are projected to grow 2.3% to 3.3% from November through January, totaling $1.6 trillion. According to Deloitte's annual holiday retail forecast. That's a far […]
Elon Musk is on pace to become the world’s first trillionaire
Elon Musk is set to soon become the world's first trillionaire, according to a new report. Musk's net worth is currently $248 billion. According to That puts him on the Forbes billionaires list, but the Tesla and SpaceX CEO has reportedly quadrupled his net worth in just three years. Tesla's annual growth rate of 173% […]
Vikings’ Ivan Pace Jr. shades Giants in pre-Week 1 trash talk
The Giants were planning to post the abuse on message boards ahead of their season opener on Sunday. Vikings linebacker Ivan Pace Jr. criticized a Giants offense that changed its play-caller (head coach Brian Daboll) during the offseason and added a potentially elite rookie receiver (Malik Neighbors). “We're going to be crazy. We're not going […]
Trump and Harris on Keystone collision course as campaigns pick up the pace
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Inflation Climbed At Moderate Pace In July as Consumer Spending Picked Up
Consumer prices rose at a slightly faster pace last month than the month before, Commerce Department data released Friday showed. The personal consumption expenditures price index rose 0.2% in July from June, accelerating from June's 0.1% increase from May, the acceleration was in line with economists' expectations. Over the past year, the personal consumption expenditures […]
Trump sets intense pace with campaign events as questions swirl about Harris’ policy positions
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