The White House is reportedly considering a short-term extension of the debt ceiling to prevent an economic crisis. According to five sources familiar with the matter, officials are aware of the risk to markets, businesses, and consumers as the June 1st deadline approaches, and while the Biden administration prefers a long-term deal, aides are discussing
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Charles III is set to be crowned King in a historic ceremony that is expected to attract millions of viewers from across the world. The ceremony is full of pomp and pageantry, and hundreds of royal fans are camping out in The Mall in London to secure a good view of the proceedings. The coronation
The Writers Guild of America strike has caused yet another awards show to change its plans. MTV has decided to produce a pre-taped show instead of a live event for its annual MTV Movie & TV Awards. After Drew Barrymore pulled out as host in support of the striking writers, the network pivoted to ensure
The New York Jets have signed four former Green Bay Packers players, but coach Robert Saleh has dismissed talk of a wish list, stating that it is a “silly narrative” to suggest that quarterback Aaron Rodgers is behind the moves. Saleh has suggested that it is common practice for new faces to want old faces
Geoffrey Hinton, known as one of the “godfathers of AI,” recently left Alphabet after a decade at the firm. He believes that artificial intelligence (AI) could be a more pressing threat to humanity than climate change. Hinton’s work is critical to the development of contemporary AI systems. AI Posing a Threat Hinton is among a
Philadelphia 76ers center Joel Embiid has advised point guard James Harden to keep shooting, despite a second consecutive poor performance in the Eastern Conference semifinals against the Boston Celtics. After tying his career-high with 45 points in Philadelphia’s Game 1 victory, Harden went 2-for-14 in Game 2 and 3-for-14 in Game 3. Embiid has urged
VLC, the widely used open-source cross-platform multimedia player, has recently launched an updated version of its iPhone app. This latest version brings in several new features such as a redesigned user interface (UI), support for Apple CarPlay and more options to sort the media library. New Features The updated version of the VLC app is
CVS Health released its Q1 results on Wednesday, with earnings and revenue surpassing expectations. However, the company lowered its full-year profit guidance due to the costs related to recent acquisitions. CVS shares fell more than 1% during premarket trading on Wednesday. Based on a Refinitiv survey, CVS Health’s earnings per share were $2.20 adjusted, compared
Yum Brands, the parent company of KFC, Pizza Hut, and Taco Bell, has reported quarterly earnings that fell slightly short of analysts’ expectations. The company reported net income of $300 million, or $1.05 per share, which is down from $399 million, or $1.36 per share, from the previous year. The company reported earnings per share
The Federal Reserve will likely increase interest rates by a quarter percentage point at the conclusion of its two-day meeting, marking the 10th increase since March 2022, taking the Fed’s benchmark borrowing rate to a target range of 5%-5.25%. However, the real mystery lies in how the central bank proceeds from here. Investors want to