The surprise increase in inflation will give policymakers pause for thought. Just days ago, inflation appeared to be coming down nicely and some were talking down the chances of another interest rate hike. However, February’s inflation data shows that the scale of the inflation challenge cannot be underestimated. Although economists – and the Bank of
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3:16 AM ET ESPN News Services World No. 2 Aryna Sabalenka, who is from Belarus, said she struggled to understand the “hate” she encountered in the locker room amid strained relations between some players following Russia’s invasion of Ukraine. Belarus has been a staging area for the invasion, which Russia calls a “special operation.” Players
US President Joe Biden quipped that he is seeking a “back-to-back” term in the White House while honouring famous figures including Bruce Springsteen and Vera Wang. Rock star Springsteen was recognised at the National Medal of the Arts ceremony for “his extraordinary contributions to the American songbook”. When presenting novelist Colson Whitehead – who won
Former prime minister Boris Johnson has said he is going to vote against the first part of the government’s new Brexit deal for Northern Ireland. The Windsor Framework was agreed by Rishi Sunak and European Commission President Ursula von der Leyen on 27 February to change the way the Northern Ireland Protocol operates. The first
9:44 AM ET Suspended Alabama defensive back Tony Mitchell was driving 141 mph as he attempted to flee police in Florida last week before being arrested, according to an arrest report obtained by AL.com. Mitchell and a passenger in his vehicle, Christophere Lewis, were arrested last Wednesday by deputies from the Holmes County (Florida) Sheriff’s
Tesla is taking delivery of another of the world’s largest press at Gigafactory Texas, and it is again expected to be used for Cybertruck production. Last year, Idra, the maker of Tesla’s large casting press, teased a new 9,000-ton Giga Press that would take the prize as the largest in the world. Considering Tesla’s relationship with Idra, it
12:00 AM ET What’s at stake Tuesday night in the World Baseball Classic final between the United States and Japan at Miami’s LoanDepot Park? Oh, just global baseball bragging rights for at least the next three years. It’s the matchup that most baseball fans have been not-so-secretly hoping for throughout the tournament — and it’s
A new report states that Tesla engineers tried to convince Elon Musk not to give up on radar for its Autopilot and self-driving effort. Tesla has a weird history with radar sensors for its Autopilot and Full Self-Driving vehicle programs. The automaker decided to remove its front-facing radar and, more recently, the ultrasonic sensors from its
GM’s self-driving rideshare unit, Cruise, has applied for permission to expand testing of its robotaxi rides throughout all of California. The autonomous driving specialist has already been testing rides for over a year in different cities across three states including San Francisco, but hopes to expand further throughout The Golden State. Cruise is a startup
By the end of 2022, global renewable generation capacity amounted to 3372 gigawatts (GW), growing the stock of renewable power by 295 GW or 9.6%, according to the International Renewable Energy Agency (IRENA). Renewables produced an overwhelming 83% of all power capacity added last year. Renewable Capacity Statistics 2023, released today by IRENA, shows that
Tesla (TSLA) stock is surging amid data coming out of China, showing that the automaker will likely deliver a strong quarter in this important market. At the time of writing, Tesla’s stock is up 6%, while the market is up about 1%. This surge comes after the China Merchants Bank International released car insurance registration data.
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai told employees that the success of its newly launched Bard
Ford finally took the sheets off its new mid-size electric SUV, a tribute to the automaker’s best-selling Explorer. The fully electric Explorer, built on Volkswagen’s MEB platform, is expected to start at less than $50,000 (€45,000). The American automaker had a big year in 2022 after selling 61,575 EVs in the US and becoming the
In this article MSFT AAPL Follow your favorite stocksCREATE FREE ACCOUNT The App Store logo displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket via Getty Images Analysts at Morgan Stanley said Tuesday that a Microsoft app store on the iPhone would represent “the biggest potential threat” to Apple‘s App Store. Microsoft could
Jonathan Raa | Nurphoto | Getty Images After months of public chatter about emerging chatbots powered by artificial intelligence, Google is opening its Bard AI platform to a limited number of users. The company is officially allowing people in the U.S. and U.K. to sign up for its generative AI product at bard.google.com. Google said
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT David Wadhwani, president of Adobe’s Digital Media unit, speaks at Adobe’s Max conference in Los Angeles in October 2022. Adobe Adobe on Tuesday launched an artificial intelligence tool called Firefly that will let users type commands to quickly modify images. The first Firefly model is
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT OpenAI displayed on screen with Microsoft Bing double photo exposure on mobile, seen in this photo illustration. Nurphoto | Nurphoto | Getty Images Microsoft on Tuesday added a new artificial intelligence-powered capability to its search slate: AI-generated visuals. The new tool, powered by OpenAI’s DALL-E,
“Substantial” government spending on energy bills support has sent public borrowing to an all-time February record, according to official figures. The Office for National Statistics (ONS) said the £16.7bn budget deficit was the highest for the month since records began in 1993. The total is up £9.7bn on February 2022 and greater than the £11.7bn
Data from the early stages of the COVID-19 pandemic has provided crucial information on the outbreak’s origins, according to researchers. The virus was first identified in Wuhan in December 2019, with the Huanan live animal market widely suspected to be the source, before it rapidly spread around the world and killed nearly seven million people.
Chinese President Xi Jinping speaks with Russian President Vladimir Putin as leaders gather for a family photo during the Belt and Road Forum on Yanqi Lake, outside Beijing, China, May 15, 2017. Damir Sagolj | Reuters China and Russia are taking center stage this week as both countries look to deepen ties just as a