Daily Management Review
US Consumer Spending Declines While Inflation Increases A Little

US Consumer Spending Declines While Inflation Increases A Little

Economics

June saw a modest increase in U.S. prices as the cost of goods declined and the cost of services rose, highlighting a...
G20 Finance Chiefs To Highlight The "Soft Landing" Of The World Economy And Alert To War Risks

G20 Finance Chiefs To Highlight The "Soft Landing" Of The World Economy And Alert To War Risks

Economics

As per the final copy of a joint communiqué obtained by Reuters, the G20 finance leaders are expected to express...
Fed Expected To Hold Off Next Week And Lower Rates In September

Fed Expected To Hold Off Next Week And Lower Rates In September

Economics

Fresh evidence of success in the fight against inflation was provided to U.S. Federal Reserve officials on Friday,...
Monito - Money Transfer via flickr

Revolut gets banking license in UK 3 years after applying for it

Business & Finance

Three years after submitting its application, the British fintech firm Revolut was granted a banking license in the UK....
US Economy Picks Up Steam In The Second Quarter, With Decreasing Pricing Pressure

US Economy Picks Up Steam In The Second Quarter, With Decreasing Pricing Pressure

Economics

In the second quarter, the U.S. economy expanded more quickly than anticipated because to strong increases in corporate...
Amid Tech Mauling, Wall Street Is Divided As Investors Consider GDP Statistics

Amid Tech Mauling, Wall Street Is Divided As Investors Consider GDP Statistics

Economics

Wall Street's primary indexes had mixed results on Thursday as traders evaluated GDP data that was better than...
Economists Predict Higher Inflation And A More Cautious Fed Following A Trump Victory

Economists Predict Higher Inflation And A More Cautious Fed Following A Trump Victory

Economics

If Donald Trump wins the White House again, the Federal Reserve's fight to control inflation is likely to confront new...
Michel Curi

L'Occitane shareholders agreed to sell the company to billionaire Geiger

Economics

French cosmetics manufacturer L'Occitane International SA stated that the sale of the business to billionaire Reinold...
jwalsh

Deutsche Bank posts quarterly loss for the first time in four years

Economics

The largest bank in Germany, Deutsche Bank AG, reported a net loss of €143 million in the second quarter as a result of...

Management

Art & Art Market

Hollywood Is Afraid As Scarlett Johansson's OpenAI Conflict Resurfaces

Hollywood Is Afraid As Scarlett Johansson's OpenAI Conflict Resurfaces
Hollywood officials says that OpenAI's apparent tribute to the film "Her," which features Scarlett Johansson's voice, is causing a reaction against artificial intelligence.   Even as Hollywood studios test new tools and consider partnerships with OpenAI, Johansson's accusations that the...

Tennessee Is The First US State To Pass Legislation Shielding Musicians From AI

Tennessee Is The First US State To Pass Legislation Shielding Musicians From AI
Gov. Bill Lee of Tennessee signed a bill into law on recently that sought to shield creatives, including musicians, against artificial intelligence's unauthorised usage.   The Ensuring Likeness Voice and Image Security (ELVIS) Act is the name of the legislation.   The Reasons It...

Morgan Stanley expects AI sector to equal Spain's power consumption by 2027

Morgan Stanley expects AI sector to equal Spain's power consumption by 2027
Morgan Stanley analysts expect that by 2027, the generative artificial intelligence sector of the economy will require as much electricity as all of Spain did in 2022. Over the following four years, the sector's electricity demand is expected to increase at an average annual rate of 70%, from 15...

Science & Technology

Global Tech Disruption Subsides Following Extensive Disruption, With Hazards Receiving More Attention

Global Tech Disruption Subsides Following Extensive Disruption, With Hazards Receiving More Attention
Another event demonstrating the fragility of the world's linked technology, a mistake in a security...

A UN Assessment Finds China Winning The Fight For Generative AI Patents

A UN Assessment Finds China Winning The Fight For Generative AI Patents
According to U.N. data released on Wednesday, China is well ahead of other nations in developing...

Daimler and Volvo create JV to develop digital manufacturing platform

Daimler and Volvo create JV to develop digital manufacturing platform
According to Daimler, the Swedish company Volvo Group and the German company Daimler Truck will...

Microsoft And British Grocery Store Sainsbury's Collaborate To Employ AI For Data Analytics

Microsoft And British Grocery Store Sainsbury's Collaborate To Employ AI For Data Analytics
Sainsbury's, a British grocery chain, announced on Friday that it and Microsoft had reached a...

90 per cent of U.S. and Canadian companies report increase in cybersecurity threats

90 per cent of U.S. and Canadian companies report increase in cybersecurity threats
In 2023, % of North American businesses faced cybersecurity risks, according to the Wall Street...

Bloomberg reports of agreement to use ChatGPT features in the iPhone

Bloomberg reports of agreement to use ChatGPT features in the iPhone
Bloomberg reported that Apple and OpenAI have agreed to utilize ChatGPT on the iPhone. Bloomberg...

Apple sets to enter the household robots market

Apple sets to enter the household robots market
According to Bloomberg, American Apple Inc. is thinking about getting into the home robotics...

Google may build paid AI features into search

Google may build paid AI features into search
According to the Financial Times, US-based Google, owned by Alphabet Inc., is thinking of charging...

AI Ethics Are Undermined By Anthropological Researchers' Incessant Inquiries

AI Ethics Are Undermined By Anthropological Researchers' Incessant Inquiries
How may a question that an AI isn't supposed to answer be asked of it? Anthropologists have...

A Research Finds AI Is Unable To Identify Symptoms Of Depression In Black Americans' Social Media Posts

A Research Finds AI Is Unable To Identify Symptoms Of Depression In Black Americans' Social Media Posts
Artificial intelligence (AI) research on social media may identify depression symptoms in White...
World Politics

World & Politics

Kamala Harris may officially become a U.S. presidential candidate by Aug. 7

Kamala Harris may officially become a U.S. presidential candidate by Aug. 7
Rules approved by the U.S. Democratic Party National Committee will enable Vice President Kamala Harris to formally announce her candidacy for...

Kamala Harris Attempts To Secure A White House Run With Biden's Backing

Kamala Harris Attempts To Secure A White House Run With Biden's Backing
US Vice President Kamala Harris did not waste any time in announcing her 2024 presidential bid. With President Joe Biden's support, she sought the...

Harris says she is ready to enter U.S. presidential race

Harris says she is ready to enter U.S. presidential race
According to CNN, U.S. Vice President Kamala Harris has declared her willingness to compete for the Democratic Party's presidential candidacy. "I am...

European Parliament elects Roberta Metsola as new President

European Parliament elects Roberta Metsola as new President
In the first round of voting on Tuesday, members of the newly formed European Parliament (EP) chose Maltese Roberta Metsola, a candidate from the...

Investigators Are Unsure Of The Trump Gunman's Motivation, But The Secret Service Stands By Its Reaction

Investigators Are Unsure Of The Trump Gunman's Motivation, But The Secret Service Stands By Its Reaction
Two days after the suspect, a 20-year-old shooter, was shot and killed, the FBI was unable to determine what ideology motivated the guy to attack the...

Trump calls for unity of the nation in party convention speech

Trump calls for unity of the nation in party convention speech
Following a murder attempt on his life during a Pennsylvania rally, former US President Donald Trump reportedly revised his address to be delivered...

GEM: China accounts for 64% of global solar and wind power capacity under construction

GEM: China accounts for 64% of global solar and wind power capacity under construction
China is solidifying its status as the world's pioneer in renewable energy. A study by the US research group Global Energy Monitor (GEM) states that...

Paris prosecutor's office launches investigation against Marine Le Pen

Paris prosecutor's office launches investigation against Marine Le Pen
Le Figaro reports that the Paris prosecutor's office has opened a preliminary investigation into the conditions surrounding the financing of...