ChatGPT has been the talk of the town since it was launched in November. While the underlying technology isn’t new, artificial intelligence like this has never been so accessible to the public, and th...
Tag: U.S.
Former Coinbase Product Manager Pleads Guilty To Insider Trading In Landmark U.S. Case ⋆ ZyCrypto
Advertisement     A former product manager at Coinbase has pleaded guilty to crypto insider trading charges. Ishan Wahi, 32, admitted to sharing confidential informati...
U.S. Navy Releases First Official Photos Of Chinese Spy Balloon In Atlantic Ocean
Sailors assigned to Explosive Ordnance Disposal Group 2 recover a high-altitude surveillance balloon … [+] off the coast of Myrtle Beach, South Carolina, Feb. 5, 2023. DVIDS / U.S. Navy Photo by...
Pentagon Warns China Has More Nuclear Missile Launchers Than U.S. But There’s One Big Catch
Maxar satellite imagery of a missile silo being constructed under inflatable domes at a training … [+] area in north-central China. Satellite image (c) 2021 Maxar Technologies. DigitalGlobe/Gett...
2023 Layoffs: Zoom Cuts 1,300 Jobs
Zoom—which took off as employers quickly pivoted to remote meetings during the Covid-19 pandemic, announced plans on Tuesday to cut 1,300 employees—becoming the latest U.S. company to implement job cu...
Fed Official Warns U.S. Debt Default Would Be ‘Catastrophe’ As Bank Of America Gears Up For The Worst
Topline Federal Reserve official Neel Kashkari on Tuesday reiterated the Treasury’s concern over the nation’s looming debt ceiling crisis, and though he’s unsure how likely a potenti...
U.S. Payrolls And Nonfarm Payrolls Offer Recession Insights
Getty Images Key takeaways The February Jobs Report showed that the U.S. economy added more jobs than projected in the previous month, with payrolls growing by 517,000 compared to an expected 185,000 ...
‘Edge of a swamp’: JPMorgan strategist sees ‘one time only sale’ in fixed income as U.S. economy slows
Fixed-income yields “all look good,” and you might want to get some while you still can, according to JPMorgan Chase & Co.’s David Kelly. It’s a “one time only sale,” said Kelly, chief global stra...
Will The U.S. See A Recession? Key Metrics Offer Divergent Takes
The U.S. yield curve implies a recession is coming, but the jobs market is very robust, which is the … [+] better recession predictor? (Photo by Drew Angerer/Getty Images) Getty Images An invert...
Washington Resident Wins $754 Million Powerball Jackpot—Here’s How Much They Will Take Home After Taxes
Topline A single ticket sold in Washington state was declared the winner of the $754 million Powerball jackpot on Monday, the ninth-largest lottery jackpot in U.S. history, although the actual amount ...
Binance crypto exchange will suspend U.S. dollar transfers
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | G...
The U.S. Political Class’s Attack on TikTok Is Much More Dangerous Than TikTok
“Is there such a thing as a private company in China? I’m not sure there is.” Those are the words of GOP Rep. Mike Gallagher, who is heading up a new House committee that the Wall Street Journal repor...
Trump Officials Admit Chinese Spy Balloons Flew Over U.S. During Previous Administration According To Latest Report
File photo of Donald Trump arriving at the airport before visiting the Carrier air conditioning and … [+] heating company in Indianapolis, Indiana on December 1, 2016. (Photo by TIMOTHY A. CLARY...
U.S. House Speaker Kevin McCarthy speaks on the debt ceiling
(The stream is slated to start at 5:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) House Speaker Kevin McCarthy will deliver an address Monday on the debt ceiling. ...
Miami Airport Regains Top Spot In Florida As Revived Foreign Travel Shakes Up U.S. Airport Rankings
American Airlines planes parked Miami International Airport in March 2020.(Photo by Daniel Slim) AFP via Getty Images After seven years in second place, Miami International Airport has passed Orlando ...
Yellen Downplays Recession Fears After U.S. Unemployment Reaches 54-Year Low
Topline U.S. Treasury Secretary Janet Yellen expressed confidence the U.S. can avoid a recession after adding more than 500,000 jobs in January that brought unemployment to a 54-year low, –despite a r...
How the U.S. labor market went from ‘quiet quitting’ to ‘quiet hiring’
Remember ‘quiet quitting?’ It described the trend of employees choosing not to go above and beyond in the workplace. Well, that was 2022. This year there’s a new vogue practice — ...
China urges calm after U.S. shoots down suspected spy balloon
“What I want to emphasize regarding this unexpected accident is that both sides, especially the U.S., should remain calm,” said China’s Ministry of Foreign Affairs spokesperson Mao N...
Goldman Sachs makes a bold housing market call—when the investment bank expects U.S. home prices to bottom
The U.S. housing market might finally be nearing the bottom. At least that’s according to Goldman Sachs. Just two weeks after Goldman Sachs downgraded its outlook for the U.S. housing market in ...
U.S. stock futures point to further losses after payrolls shocker
U.S. stock futures pointed to a second day of losses Monday after an unexpectedly strong jobs report renewed worries about how high the Federal Reserve will have to take interest rates. What’s happeni...
Dell Reportedly Cuts 6,650 Jobs
Tech giant Dell is laying off 6,650 workers—5% of its workforce—Bloomberg reported Monday, becoming the latest U.S. company to implement job cuts as recession fears continue into 2023. February 6Texas...
Huawei turns to patents for a lifeline — including those in the U.S.
Chinese telecommunications giant Huawei saw revenue decline in 2021 for the first time on record. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese telecommunications giant Huawei is turning to p...
Why the 2023 stock market rally might depend on the U.S. dollar
The U.S. dollar may be losing its appeal as one of the few reliable safe-haven assets in times of economic and geopolitical uncertainty after an 18 month rally, and a further fall by the currency coul...
XRP, Cardano (ADA) and Dogecoin (DOGE) Ownership on Decline in U.S.
Alex Dovbnya The share of Americans who own cryptocurrencies has declined substantially since October, according to Morning Consult data According to a recent poll conducted by Morning Consult, the sh...
After Restricting Balloon Overflights For 25 Years, China’s Protests Wear Thin
In the late 1990’s China repeatedly refused to permit balloon overflights. Gamma-Rapho via Getty Images Hours after U.S. jets shot down a sensor-packed Chinese surveillance balloon in U.S. airsp...
Charlie Munger Suggest U.S to Ban Crypto like China did
Charlie Munger is vice chairman of the multi-billion company Berkshire Hathaway and the so-called right hand of Warren Buffett, a centi-billionaire. Munger supported Buffett in earning billions of dol...
U.S. Shoots Down Suspected Chinese Spy Balloon Over Atlantic (Updating)
Topline The suspected Chinese spy balloon was shot Saturday morning, after the Biden Administration gave the go-ahead to take it down after it floated over the Atlantic Ocean east of Myrtle Beach, Sou...
U.S. Senate Banking Committee Schedules ‘Crypto Crash’ Hearing for February 14th
The U.S. Senate Committee on Banking, Housing, and Urban Affairs is primed to probe last year’s crypto crash on Valentine’s Day. The committee scheduled a hearing for February 14th at 10 a.m. titled “...
U.S. stock futures nudge higher ahead of comments from Fed chief Powell
U.S. stock index futures rose on Tuesday ahead of comments from Federal Reserve Chair Jerome Powell, speaking for the first time since a blowout January jobs report caused traders to shift their inter...