Trump tariffs: economic impact, business reactions, and what lies ahead
There is a renewed focus across the United States, China, the European Union (EU), Mexico, Canada, and much of the rest of the world...
Amazon invests additional $4 billion in AI startup Anthropic
Amazon announced that it has invested an additional $4 billion in the AI startup Anthropic, ramping up its total investment to $8 billion. The...
New plastic dissolves in ocean water into harmless components
What if plastics could simply dissolve in the ocean into natural compounds instead of remaining for hundreds of years? Scientists may have just made...
Digital payment apps now under bank-like scrutiny in US
In the US, the Consumer Financial Protection Bureau (CFPB) has finalized a rule that will bring major digital payment providers under similar regulatory oversight...
UK inflation rises to six-month high in October
UK annual inflation rose to a 6-month high of 2.3% in October, compared to 1.7% in September, which had marked a three-year low. The...
Researchers are making AI models fit in your pocket and run locally
Large AI models are the brains behind many of our favorite tools, from chatbots to translation apps. But these models can be huge -...
Microsoft Teams unveils real-time AI voice translation: a game-changer for communication
If you dream of having an AI-powered speech translation device for your meetings, you will love the ambitious new feature of Microsoft Teams.
Microsoft Teams,...
Rapid sinking of land in California driven by groundwater pumping
Groundwater pumping has been driving record-breaking sinking of land in California's San Joaquin Valley.
For nearly twenty years, groundwater extraction has outpaced natural recharge, that...
Goldman Sachs forecasts strong global GDP growth for 2024, 2025, and 2026
After strong global GDP growth in 2024 of 2.7%, Goldman Sachs Research forecasts that the world economy will expand by 2.7% in 2025 and...
Spirit Airlines announced that it’s filed for Chapter 11 bankruptcy
Spirit Airlines announced that it’s filed for Chapter 11 bankruptcy. The move aims to restructure its overwhelming debt burden.
The filing comes after two collapsed...