According to minutes released on Wednesday, almost all Federal Reserve officials at their June meeting expressed the likelihood of further tightening, but at a slower pace than the rapid rate increases seen since early 2022. The decision to hold off on a rate rise was made due to concerns over economic growth, despite the majority
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The International Alliance of Theatrical Stage Employees (IATSE) has unveiled its “Core Principles” for the application of artificial intelligence (AI) and machine learning (ML) technologies in the entertainment industry. Recognizing the potential threat to employers’ business models and the livelihoods of IATSE members, the union emphasizes the need for a comprehensive approach to address the
Recent analysis from Bank of America Securities suggests that OpenAI’s ChatGPT is not poised to challenge Google’s position as the leader in the search engine industry. Sensor Tower data reveals that app downloads for ChatGPT and Microsoft Bing have experienced a slowdown in recent weeks, according to a note by BofA analyst Justin Post. The
The Dow Jones Industrial Average experienced a slight decline on Wednesday as Wall Street returned from a holiday-shortened week and awaited the release of Federal Reserve meeting minutes later in the day. The 30-stock average dropped by 97 points, or 0.3%, while both the S&P 500 and Nasdaq Composite saw losses of 0.2%. Anticipation of
Market strategist Jesper Koll believes that Japan’s Nikkei 225 could reach an impressive 40,000 points within the next 12 months. Koll’s positive outlook is based on several factors, including a strong rebound in business confidence and a supportive fiscal policy. If this prediction comes true, it would mean that the Nikkei would surpass its all-time
Joey “Jaws” Chestnut, the renowned competitive eater, overcame a rain delay to secure yet another triumph at the Nathan’s Famous Fourth of July hot dog eating contest. In an impressive display of gastronomic prowess, Chestnut devoured 62 hot dogs and buns within a mere 10 minutes, leaving his closest competitor, Geoffrey Esper, trailing far behind.
Pascal Plante’s Red Rooms is a psychological horror film that defies expectations by combining the overused genre of serial killer movies with the often-misused technique of dark Lynchian surrealism. This fusion results in something entirely new and original. The film delves into the unseen and the obscene, offering a captivating and disturbing experience for audiences.
The Captain Tom Foundation has recently announced that it has ceased accepting donations following the revelation that Captain Tom’s daughter will be required to demolish an unauthorized home spa. This development coincides with an ongoing investigation by the Charity Commission into the foundation’s finances. The planning authorities had issued an order to demolish an unapproved
As Regal parent Cineworld gears up to exit Chapter 11 this month, speculation is growing regarding who will take the reins as the new CEO of the major theater chain. Recent reports indicate that Eduardo Acuna of Cinepolis is a strong contender for the position. While Moody Greidinger, the long-time CEO of Cineworld, will continue
Microsoft is likely to encounter an antitrust investigation by the European Union (EU) in the coming months. Discussions aimed at resolving the matter and preventing such an investigation have reportedly hit a roadblock, according to sources familiar with the situation. This comes after Microsoft was fined EUR 2.2 billion (approximately Rs. 19,670 crore) in the