News

Key Fed inflation increased by 0.4% in January, up 2.8% from a year ago

Inflation increased in January as expected, according to a key indicator the Federal Reserve uses when deciding whether to cut interest rates. The Dow Jones consensus estimate indicated that the personal consumption expenditures price index, which does not include food...

Google paused Gemini AI Image Generator after it produced historical images that were incorrect

Google said on Thursday that it is suspending its Gemini artificial intelligence feature, which generates images because it provides "inaccuracies" in historical images. Social media users have been criticizing the AI tool for producing erroneous depictions of historical figures, such...

For Big Tech, a thirsty generative AI boom presents an increasing challenge.

An often-overlooked but crucially important environmental issue—Big Tech's growing water footprint—is coming under more public scrutiny as a result of a global rush to capitalize on the next wave of generative artificial intelligence. Researchers say the race to profit from...

Analysts for cryptocurrency claim that the Bull Run is underway and that Bitcoin might reach $100,000 in 2024.

Industry executives hailed the beginning of a new bull market, with an increasing number of voices predicting new all-time highs for Bitcoin above $100,000 in 2024. This year, Bitcoin has increased in value by over 120%, and many people are...

Inflation in the Euro Zone drops to 2.4%, Below Forecasts

According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank's closely watched core inflation rate,...

CEO of Coinbase claims the cryptocurrency market can move on after the historic Binance settlement

After Binance was hit with a historic settlement by the U.S. Department of Justice, the crypto industry can finally close the chapter on a long list of scandals and issues, according to Coinbase CEO Brian Armstrong on Monday. Armstrong stated,...

Microsoft Completes $69 billion acquisition of Activision Blizzard following a thorough regulatory review

Activision Blizzard's $69 billion acquisition by Microsoft has been completed, the company announced in a regulatory filing on Friday. It's the biggest deal Microsoft has ever made in its 48-year history, and it comes after the company allayed regulators'...

US Wholesale Price Inflation Increased by 0.5% in September, More than expected

More than expected, US wholesale price inflation increased by 0.5% in September. Unexpectedly, high wholesale price growth in September was a sign of brewing inflationary pressures for the American economy. The Labor Department reported on Wednesday that the producer price...

The Fed’s favorite inflation gauge rose less than expected in August

An economic indicator that the Federal Reserve uses as a measure of inflation rose less than expected in August, showing that the central bank's fight against rising prices is making progress. The personal consumption expenditures price index, which excludes food...

G20 welcomes the African Union as a permanent member at the Delhi Summit

The African Union has become the second regional group to be admitted to full membership of the Group of 20 leading industrialized and developing countries, Indian Prime Minister Narendra Modi announced on Saturday at the start of the two-day...
- Advertisement -spot_img

Latest News

Key Fed inflation increased by 0.4% in January, up 2.8% from a year ago

Inflation increased in January as expected, according to a key indicator the Federal Reserve uses when deciding whether to...
- Advertisement -spot_img