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US warns Iran of ‘serious risk’ of escalation if it attacks Israel: report

The United States has reportedly warned Iran that any retaliatory strikes against Israel for the recent killing of a senior Hamas official in Tehran pose “serious risks” to Iran’s economy and government and could escalate the months-long conflict between Israel and Hamas. U.S. officials The Wall Street Journal The United States has told Iran that […]

Wall Street bonuses set to surge by up to 35% this year: report

Wall Street bankers are set to get a big raise after a two-year hiatus, with bonuses set to increase by up to 35%, according to a new report. If these predictions come true, it would be another boost for downtown Manhattan’s hospitality industry, which is already seeing a booming trade from wealthy New York interns. […]

Gmail experiencing worldwide outage in latest Google concern: report

A Gmail outage has left thousands of users unable to send emails or messages with the popular Google app. Gmail-related outages spiked late Thursday afternoon. Down Detector The outage appears to have occurred around 3pm on Thursday. Down Detectora site that tracks online issues, cited about 5,000 reports within the hour. According to DownDetector, around […]

Apple could charge up to $20 for AI features: report

Apple’s new AI features may not come cheap. The Cupertino, California-based company may charge subscription fees of up to $20 to access some of its advanced artificial intelligence features when they finally roll out this fall. the analyst told CNBC.. “With software and services, it’s more profitable for Apple to pass that on through the […]

Jobless claims drop after weak jobs report triggered concerns

Initial claims for jobless benefits fell by 17,000 last week, a small but positive sign for overall employment levels amid resurfacing fears of a U.S. economic recession. The Labor Department said Thursday that jobless claims for the week ending Aug. 3 fell to 233,000 from 250,000 the previous week. The four-week moving average increased by […]

Mortgage rates hit lowest level in over a year: report

New data showed mortgage rates hit their lowest since April 2023 as recession fears spread to the housing market. The real estate company Redfin report The company said Thursday that mortgage rates hit a daily average of 6.34% earlier this week, citing recent weak employment data and resulting “recession fears” as the main driver for […]

Cook Political Report shifts Arizona, Georgia, Nevada toward Harris

The Cook Political Report, an election forecasting organization, has tilted Arizona, Georgia and Nevada in favor of VP Harris as she continues to close the gap in approval ratings with former President Trump. In early July, all three of these states were considered “Republican” states, but President Biden was still in the race and had […]