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U.S. stocks soared to record highs on Thursday, with the Dow Jones Industrial Average (^DJI) closing above the 42,000 level for the first time, driven by optimism surrounding the Federal Reserve’s recent interest rate cut. Fed’s decision to reduce rates by 50 basis points has sparked hopes of a “soft landing” for the economy, fueling […]
Bangladesh’s interim government has granted the national army sweeping policing powers to restore order following weeks of unrest after former Prime Minister Sheikh Hasina fled the country. The decision underscores deepening instability in the nation, which has been grappling with violence, law enforcement breakdowns, and economic disruptions since Hasina’s sudden departure. A new directive, issued
New York, NY — September 18, 2024: After a 14-month pause in adjusting U.S. interest rates, the Federal Reserve is widely expected to announce a rate cut this Wednesday, following its two-day Federal Open Market Committee (FOMC) meeting. This marks the first potential reduction since the central bank raised rates to the 5.25% to 5.5%
In a surprising yet influential move, pop superstar Taylor Swift has officially endorsed Vice President Kamala Harris for the 2024 U.S. Presidential Election, sparking a wave of political activism among her massive fanbase, known as “Swifties.” With over 272 million followers on Instagram, Swift used her platform to advocate for transparency and voter participation, marking
September 13, 2024 – OpenAI has introduced its new o1 models, codenamed “Strawberry,” marking a significant moment for AI technology enthusiasts and professionals alike. Se models, unveiled on Thursday, are designed to improve the way AI interacts with complex queries by incorporating a unique “thinking” phase before responding. Enhanced Reasoning Capabilities o1 models stand out
The US government, a long-standing advocate for advancing technology for military purposes, views artificial intelligence (AI) as central to the future of warfare. Recent investments and initiatives from the Pentagon indicate that military leaders are increasingly focused on maintaining a technological edge over competitors like China and Russia, both of which have made significant strides
In recent years, Microsoft has positioned itself as a leader in AI innovation, touting technology’s potential to tackle global challenges, including climate change. In a white paper published last year, Brad Smith, Microsoft’s vice chair, and Melanie Nakagawa, chief sustainability officer, described the global environmental situation as a “planetary crisis” and outlined how AI could
Since its launch over two years ago, Google Wallet has rapidly grown into a trusted platform for millions of users in over 90 countries. With its ability to securely store payment cards, tickets, and passes, the app continues to evolve, reflecting rising demand for digital wallets. A recent study with PYMNTS.com found that 70% of
In a significant development for national security, the National Security Agency’s (NSA) Artificial Intelligence Security Center is proving pivotal in advancing the Defense Department’s capabilities with cutting-edge technology. Center, inaugurated last year, is central to the NSA’s mission to leverage, adapt to, and secure the rapidly evolving field of artificial intelligence (AI). Air Force Gen.
From long-debunked claims that moon landings were staged to modern disinformation suggesting COVID-19 vaccines contain microchips, conspiracy theories have often spread quickly, sometimes with serious consequences. But a new study offers a groundbreaking solution: artificial intelligence (AI). Researchers have discovered that engaging with an AI chatbot can significantly reduce belief in conspiracy theories, marking a
