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Business

Markets Recover After Inflation Report Sparks Fed Rate Cut Uncertainty

In a highly anticipated report, the Consumer Price Index (CPI) revealed inflation cooled to 2.5% in August, the lowest rate since February 2021. However, a slight uptick in core inflation—a key measure that excludes food and energy prices—raised concerns on Wall Street.  0.3% monthly increase in core inflation exceeded economists’ forecasts and prompted traders to […]

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Bangladesh Breaking News

Bangladesh Pushes for Extradition of Ousted Leader Sheikh Hasina

Dhaka, Bangladesh – Bangladesh’s International Crimes Tribunal (ICT) has officially begun legal proceedings to extradite former Prime Minister Sheikh Hasina from India, where she has taken refuge following her ouster. The move comes in response to mounting demands for Hasina to face trial for her role in overseeing widespread violence and human rights abuses before

Bangladesh Breaking News

Blood on the Streets: Bangladesh’s Fight for Justice After Hasina’s Fall

Dhaka, Bangladesh – September 2024 — Mahabubar Rahman will never forget the day his only son, Mahamudur Rahman Shoikot, was killed. Although Sheikh Hasina, Bangladesh’s former prime minister, may not have pulled the trigger, Rahman holds her responsible for his son’s death. “Sheikh Hasina is a criminal responsible for his death,” he said. “She shattered

Bangladesh Breaking News

Muhammad Yunus Takes Charge as Interim Leader Amid Bangladesh’s Political Turmoil

Dhaka, Bangladesh – September 2024 — Nobel Peace Prize winner Muhammad Yunus has assumed role of interim chief adviser in Bangladesh, following abrupt end of Prime Minister Sheikh Hasina’s 15-year rule after widespread protests and political unrest.  In an exclusive interview with DW, 84-year-old Yunus outlined his interim administration’s priorities, which include stabilizing nation, addressing

Bangladesh Breaking News

Families Seek Justice : families of slain Bangladesh students want to hold Sheikh Hasina to account

As Bangladesh grapples with the aftermath of a violent crackdown that claimed over 1,000 lives, the country faces a new chapter of turmoil and seeks justice. The recent departure of former Prime Minister Sheikh Hasina, who fled the country last month, has left a power vacuum and a nation reeling from unprecedented violence and loss. 

Business

US Economy Adds Fewer Jobs in August, Unemployment Falls to 4.2% September 8, 2024

U.S. economy added 142,000 jobs in August, coming in below expectations, while the unemployment rate dropped slightly to 4.2%, according to the latest report from the Bureau of Labor Statistics (BLS) released Friday. Economists had forecast a gain of 165,000 jobs for the month, but labor market growth came in lower than anticipated, pointing to

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Phone

US Musician Accused of Using AI and Bots to Scam $10 Million in Streaming Royalties

Michael Smith, a musician from North Carolina, has been accused of using artificial intelligence (AI) tools and thousands of bots to fraudulently inflate a number of streams on music platforms, netting him millions of dollars in royalties. Prosecutors announced this week that Smith, 52, faces charges of wire fraud, wire fraud conspiracy, and money laundering

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‘Alien: Romulus’ director defends AI version of dead actor’s likeness after fan backlash – Fox News

The latest installment of the Alien franchise, Alien: Romulus, has stirred controversy over its use of artificial intelligence (AI) to recreate the likeness of late actor Ian Holm, who originally appeared in  1979 Alien. Holm, known for his roles in Lord of the Rings and Hobbit trilogies, passed away in 2020 at the age of

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AI Boom Leaves Venture Capitalists Struggling with Dormant IPO Market

Almost three years into the stagnant IPO market, venture capitalists are finding themselves in a challenging position. The private market is now home to numerous richly valued artificial intelligence (AI) startups, some of which are described as generational companies. However, venture firms seeking exits are unlikely to find relief from the AI sector anytime soon. 

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Replit Unveils Revolutionary AI Agent Capable of Building Entire Applications

Replit has introduced a groundbreaking AI agent that promises to transform the way software is developed. Unlike traditional AI coding assistants, Replit’s new tool is designed to operate more like an intern software developer, capable of autonomously creating entire applications from scratch.  What Is an AI Agent?  An AI agent represents a significant advancement over

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