The Federal Reserve's recent hawkish stance and the sharp tightening of financial conditions have triggered jolts in bonds and stocks, raising questions about investor positioning going into the final quarter of 2023.
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The US dollar index and government bond yields reached their highest levels in years, causing stocks to plummet and signaling risk aversion in the market.
The UK Home Secretary and the US homeland security secretary have pledged to work together to combat the rise of child sexual abuse images created by artificial intelligence (AI), which are increasingly realistic and pose challenges for law enforcement and online safety.
Three dividend stocks worth considering now are American Electric Power (AEP), Dominion Energy (D), and RTX, as they offer steady dividend payments, lower volatility, and attractive yields, making them suitable choices for passive income and capital preservation during a bear market.
Technical analyst John Salama predicts that the S&P 500 will regain positive momentum and has identified five stocks that he believes can rise up to 50% by the end of October, including SkyWest, Tesla, Carvana, DraftKings, and IonQ.
Stock futures are trading higher following a decline in consumer confidence and the realization that the Federal Reserve will keep interest rates higher for longer.
The British government has given approval for the development of a large oil and gas field in the North Sea, despite concerns about its impact on climate change and the country's commitment to reduce carbon emissions.
Wall Street futures indicate a rebound after a sell-off, the U.S. Senate proposes a temporary funding bill to avert a government shutdown, Hollywood's writers union votes to end a strike, Trump addresses auto workers in Michigan after Biden visit, and oil prices rise due to supply tightness.
North Carolina Highway Patrol is using artificial intelligence devices to crack down on distracted truck drivers, as distracted driving killed over 3,500 people in 2021.
London's office market is facing a "rental recession" with a 30-year high in empty workspace, as tenants opt for greener suburban buildings and hybrid working post-pandemic, causing shares of top landlords to decline.
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Wall Street's forecasts of corporate earnings are expected to decrease, which will likely impact the stock market.
Bitcoin (BTC) and ether (ETH) show signs of correlation to U.S. equities as fear of inflation impacts riskier assets and the Crypto Market Fear and Greed Index dips into "fear" territory.
Profits at China's industrial firms decreased by 11.7% in the first eight months of the year, but the pace of decline eased slightly, suggesting a modest recovery is taking place due to policy support measures.
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MyPillow CEO, Mike Lindell, revealed that American Express's decision to slash the company's credit line has left them crippled, with no reason or explanation given.
McCarthy Seeks New Budget Deal with Biden, Drawing Rebuke from Ocasio-Cortez Over Potential Shutdown
House Speaker Kevin McCarthy wants to renegotiate the budget deal with President Biden, but Representative Alexandria Ocasio-Cortez states that the deal is done and McCarthy can "go pound sand."
Indonesia's Ministry of Trade is imposing regulations that prohibit e-commerce transactions on social media platforms, including TikTok and Facebook, in order to prevent the misuse of public data and protect local businesses, dealing a blow to TikTok's e-commerce ambitions in the country and benefiting competitors like Shopee.
British regulators have granted approval to Equinor to develop the Rosebank field in the North Sea, despite concerns about its environmental impact, prompting backlash from activists and opposition politicians.
The $3 billion Bitcoin options expiration on September 29 may determine the fate of the $26,000 support level, as trading volumes remain low, traditional financial institutions are cautious, and the Dollar Strength Index reaches a 10-month high, all potentially leading to increased market volatility and a potential breach of the support level.
Budget-friendly sub-brand Nothing has launched its first products, including a smartwatch, earbuds, and a GaN charger, offering features such as built-in GPS, health monitoring, noise cancellation, and fast charging capabilities.
European shares were mixed as the dollar continued to rally amid expectations of higher US interest rates and a property crisis in China.
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the U.S. economy.
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Thailand's central bank raises policy rate to 2.5% in order to control inflation, going against market expectations.
The speaker of Canada's House of Commons, Anthony Rota, has resigned after introducing a 98-year-old veteran of an SS unit as a "hero," sparking anger and outrage from Jewish groups.
GM Magnus Carlsen and GM Maxime Vachier-Lagrave are the last two players remaining in the Winners Bracket of the 2023 AI Cup, with Carlsen narrowly avoiding defeat against GM Ian Nepomniachtchi and Vachier-Lagrave overcoming GM Shakriyar Mamedyarov's aggressive play; in the Losers Bracket, GM Anish Giri knocked out GM Hikaru Nakamura and GM Alireza Firouzja defeated GM Denis Lazavik, while in Division II, GM Alexey Sarana scored a major upset over GM Fabiano Caruana, and in Division III, GMs Evgeny Alekseev and Rauf Mamedov emerged victorious against their younger opponents.
The Shiba Inu (SHIB) ecosystem token bone (BONE) saw a 10% increase in the past 24 hours, reaching a market capitalization of $233 million, after developers fully renounced the deployer contract for bone tokens, boosting its security and increasing trading volumes.
A crypto trader's attempt to travel from New York to Alaska by trading Bitcoin comes to an end due to car issues, but he hopes to set a world record for the longest journey funded solely by cryptocurrency trading.
Sales of lentils from Canada to India have slowed down after Canadian Prime Minister Justin Trudeau accused India of involvement in an assassination on Canadian soil, raising concerns of trade restrictions and potential inflation in India's domestic food prices.
China's state security chief has warned that the country faces growing risks of cyberattacks, data leaks, disinformation, and AI-driven cognitive warfare, posing threats to critical infrastructure, national security, and social stability.
AI poses serious threats to the quality, integrity, and ethics of journalism by generating fake news, manipulating facts, spreading misinformation, and creating deepfakes, according to an op-ed written by Microsoft's Bing Chat AI program and published in the St. Louis Post-Dispatch. The op-ed argues that AI cannot replicate the unique qualities of human journalists and calls for support and empowerment of human journalists instead of relying on AI in journalism.
Microsoft has released the Windows 11 23H2 update, which includes features aimed at software developers such as a control center, improved performance in Visual Studio, and AI-powered tools like Copilot.
Target Corporation is closing nine stores, including three in the Bay Area, due to the prevalence of organized retail theft, which poses a threat to the safety of its employees and customers.
The Culinary Workers Union and Bartenders Union have voted in favor of a strike authorization in Las Vegas, with 95% of members supporting the move, amid negotiations for better pay and improved working conditions.
Analyst Kalyan Dilip Sunkara, well-known for his video commentary on politics, has taken a six-month break due to a lack of support from Janasena and Pawan Kalyan, potentially impacting the Janasena-TDP alliance.
A paralyzed man in Switzerland has regained movement in his arms, hands, and fingers through a world-first surgery that uses an implant on his brain to read his thoughts and stimulate the correct muscles through a second implant in his abdomen, marking a significant breakthrough for individuals with paralysis.
Hui Ka Yan, the chairman of bankrupt property developer Evergrande, has been arrested and placed under police surveillance following the company's financial crisis.
Stores in Philadelphia's Center City area and other parts of the city were looted by a crowd of young people, although the looting was not connected to the protests over the dismissal of charges against a police officer in the shooting death of Eddie Irizarry.
Most Asian currencies, including the Thai baht and Malaysian ringgit, weakened against the US dollar as the greenback continued to strengthen due to hawkish Federal Reserve rhetoric and rising US Treasury yields, leading to concerns over inflationary pressures in net importers such as Thailand and India.
A Jack in the Box employee in Houston opened fire on a family over a dispute about missing curly fries, leading to a lawsuit against the fast-food chain.
China's property crisis, characterized by an excess of empty homes, could take up to a decade to resolve, according to economist Hao Hong, with the country's urbanization process stagnating and the property sector's contribution to GDP declining.
China stated that its recent military drills near Taiwan are aimed at combating the separatist forces seeking independence, while the frontrunner for Taiwan's presidency accused China of attempting to annex the island.
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Australia's inflation for August met expectations, with core inflation easing further, reducing pressure on the central bank to raise interest rates next month.
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European markets are set for a mixed open as investors weigh inflation, interest rates, and global economic health, while Asian markets and US stock futures experienced mixed results.
Google is celebrating its 25th birthday with special Easter eggs, a confetti-filled search screen, and a Google Doodle highlighting its logo evolution.
The chairman of China Evergrande Group, Hui Ka Yan, has been placed under police surveillance amid the company's worsening financial situation and regulatory investigation.
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Chinese billionaire Hui Ka Yan, chairman of China Evergrande Group, has been placed under police control, although it is unclear why and he has not been charged with a crime; this follows the detention of personnel from Evergrande's financial subsidiary as the company navigates through a major restructuring and grapples with its debt crisis.
A New York judge's ruling that Donald Trump committed fraud could potentially lead to the revocation of his business certificates, preventing him from conducting business in the state, and costing him millions in penalties and legal fees.
The possibility of a government shutdown in the U.S. could have negative implications for the crypto industry's regulatory progress and projects, similar to the effects seen in the previous shutdown in 2018 and 2019, with delays in approvals and a withdrawal of a bitcoin ETF application.
Apple's former design chief, Jony Ive, and OpenAI CEO Sam Altman are discussing the possibility of building a new AI hardware device.
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UPS is hiring 10,000 seasonal employees in Southern California for various roles including delivery drivers and package handlers, with the majority of positions not requiring an interview and offering benefits such as healthcare and tuition assistance.
EA Sports FC 24, the latest entry in the FIFA series for the Nintendo Switch, will run at 30fps and have a resolution of 720p in handheld mode and 1080p in docked mode.
