By Fanny Potkin SHANGHAI/SINGAPORE (Reuters) – Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China that could be processed within the country, part of a strategic shift by Elon Musk, according to people with knowledge of the work. As part of that effort, Tesla has […]
May 17—WATERFORD — Residents battling the plan to locate a data center on Millstone Power Station land called Thursday night for the U.S. Nuclear Regulatory Commission to block the proposal. After picketing outside Town Hall prior to a public meeting hosted by NRC officials, more than a dozen residents put down their placards to attend […]
GPT-4o and other multimodal AI models could soon change the way we work. An AI analyst said plumbers and electricians’ jobs are safe, but “AI will impact any job that has data.” But computer workers will likely need to learn how to work with AI. OpenAI’s newest model and others like it could dramatically reinvent […]
(Reuters) – A subset of key and highly sensitive U.S. inflation data was inadvertently published about 30 minutes ahead of its scheduled release on Wednesday, the Bureau of Labor Statistics said, and a full investigation to the latest data-management misstep at the agency is underway. “In advance of today’s (Consumer Price Index) and Real Earnings […]
(Bloomberg) — The US Bureau of Labor Statistics inadvertently published Consumer Price Index data 30 minutes early on Wednesday, raising fresh questions about how the agency releases some of the world’s most sensitive economic information. Most Read from Bloomberg While there were no obvious signs that the early publication moved markets, the episode is likely […]
Futures for the Dow Jones Industrial Average and other major indexes rose Wednesday, as investors reacted to a mild inflation report that offers further guidance on interest rates. Meanwhile, meme stocks GameStop (GME) and AMC Entertainment (AMC) cooled off on the stock market today after two straight sessions of massive gains. X In premarket action, […]
Inflation eased in April as declines in grocery and used car prices offset another rise in rent and gasoline. After inflation picked up notably early this year, the report revealed more progress in the battle to tame prices, with an underlying inflation measure reaching a three-year low. Still, it may not be enough to convince […]
(Bloomberg) — Global equities are set for a fresh record after a big tech-led rally in US gauges, with investors awaiting key inflation data for clues on the Federal Reserve’s policy. Most Read from Bloomberg European and US stocks futures ticked higher, while the MSCI All Country World Index extended its longest run since January. […]
U.S. Federal Reserve Board Chairman Jerome Powell arrives at a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC.Win McNamee/Getty Images The producer price index came in higher than estimates, gaining 0.5% in April. Major indexes were slightly higher after the data as investors assessed the impact on […]
A deadly heat wave in Gaza in April, which saw punishing temperatures worsen an already dire humanitarian crisis, was made hotter and more likely by the human-caused climate crisis, according to an analysis published Tuesday. Gaza was not alone. Several heat waves spanning a vast area of the Asian continent last month during the world’s hottest […]
The Democrat-controlled Vermont legislature has passed one of the strongest data privacy measures in the country aimed at cracking down on companies’ use of online personal data, which would let consumers file civil lawsuits against companies that break certain privacy rules. However, Republican Gov. Phil Scott has concerns about how part of the legislation could […]
President Biden spoke Tuesday about the administration’s decision to announce a new wave of tariffs across an array of Chinese goods. “American workers can outwork and outcompete anyone as long as the competition is fair. But for too long it hasn’t been fair,” the president said while speaking at the White House Lawn. He criticized […]