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☆ EV Buyers Can Get Instant $7,500 Tax Credit Starting in 2024
▼ + stars: | 2023-10-10 | by ( Ashlea Ebeling | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ A CNN correspondent choked up on air describing the bloodstained walls and floors of a bunker where people were shot 'in calculated, cold blood' by Hamas militants
▼ + stars: | 2023-10-10 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The bunker was located near the music festival that was attacked by Hamas on Saturday. AdvertisementAdvertisementCNN correspondent Nic Robertson choked up on air while recounting a harrowing experience visiting a bloodstained bunker in Israel amid the nation's ongoing war with Hamas. Fighters from Hamas massacred civilians attending the Tribe of Nova Music Festival on the same day. At least 260 bodies have been recovered from the music festival attack. These are human beings, they're family members, they're friends, they're loved ones, cousins, brothers, sisters," Kirby told Tapper while holding back tears.

Persons: Nic Robertson, Robertson, —, CNN's Jake Tapper, Tapper, John Kirby, CNN's Tapper, they're, Kirby Organizations: Service, Hamas, Palestinian, Fighters, Nova Music, CNN, White, National Security, Gaza Ministry of Health Locations: Israel, Gaza

If you missed the best Prime Day deals over the summer, you can shop deals on air fryers during Amazon's Prime Big Deals Days now through October 11. Check out the best Prime Day air fryer deals below and be sure to follow the best Prime Day deals on our liveblog throughout the event. Here are the best air fryer deals for Prime DaySee more air fryer deals at Amazon. Our top pick for the best air fryer overall with a larger capacity is the Instant Vortex Plus Air Fryer. Out of the air fryer toaster ovens we tested, our favorite was the Oster Air Fryer Digital Toaster Oven because of its quick and even cooking.

Persons: there's, fryer, Air Fryer, Pro Air Fryer, Fryer Organizations: Amazon, Amazon's, Air, Pro Air, Oster Air

☆ Loneliness and inflation are pushing Gen Z away from dating
▼ + stars: | 2023-10-07 | by ( Phil Rosen | Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Expensive dates, inflation, and loneliness are weighing on Gen Zers seeking romantic connections. AdvertisementAdvertisementBecause Gen Z grew up with Facebook, Instagram, and other social platforms, many 20-somethings have grown accustomed to instant connection. To that point, dozens of Gen Zers told Insider they're putting more effort into friendships and nonromantic social events to combat loneliness. Inflation hovered at 3.7% year over year in August, nearly double the 2% rate policymakers want, and it's weighing on Gen Z wallets. "Gen Z wants to find people in natural, organic contexts as friends first, and if something romantic happens, that's great," Lerner said.

Persons: Zers, Gen Zers who'd, —, Marianne Simpson, she'd, Simpson, Vivek Murthy, Z, Kellie Ammerman, Ammerman, Karin Kimbrough, LinkedIn's, Tinder, Bumble, Taylor Price, Price, daters, Gen, Cliff Lerner, Gen Z, Lerner, Andrew Yeung, Yeung, Maxine Williams, Williams, We're Organizations: Service, New, Facebook Locations: New York City, America

☆ Snapchat's AI chatbot may pose privacy risk to children, says UK watchdog
▼ + stars: | 2023-10-06 | by ( Sachin Ravikumar | Thomson Reuters | Sachin Ravikumar Is A Correspondent For Reuters In London Covering General News Across The Uk. Over Nine Years At Reuters | ) www.reuters.com time to read: +2 min

The Information Commissioner's Office (ICO) said if the U.S. company fails to adequately address the regulator's concerns, "My AI", launched in April, could be banned in the UK. "The provisional findings of our investigation suggest a worrying failure by Snap to adequately identify and assess the privacy risks to children and other users before launching 'My AI'", Information Commissioner John Edwards said. "My AI went through a robust legal and privacy review process before being made publicly available," a Snap spokesperson said. The ICO is investigating how "My AI" processes the personal data of Snapchat's roughly 21 million UK users, including children aged 13-17. Social media platforms, including Snapchat, require users to be 13 or over, but have had mixed success in keeping children off their platforms.

Persons: Lucas Jackson, John Edwards, OpenAI's ChatGPT, Snapchat, Farouq Suleiman, Sachin Ravikumar, William James, Sarah Young, Louise Heavens Organizations: Inc, New York Stock Exchange, REUTERS, Commissioner's, ICO, Reuters, Thomson Locations: New York City , New York, U.S

DETROIT (AP) — Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time of purchase. Under the Inflation Reduction Act, which included the credits, buyers can transfer the credits to dealers, which can apply them at the point of sale starting Jan. 1. To be eligible, electric vehicles or plug-ins have to be manufactured in North America. There also are income limits for buyers set up to stop wealthier people from getting the credits. There also are requirements for battery and component manufacturing that could disqualify some vehicles or make them eligible for only part of the tax credits.

Persons: they'll Organizations: DETROIT, Treasury Department, Internal Revenue Service, Treasury Locations: North America, U.S

☆ The No. 1 key to a happier, longer life, according to the oldest and 'wisest' Americans—'that younger people don't' know
▼ + stars: | 2023-10-06 | by ( Shane Parrish | ) www.cnbc.com time to read: +2 min

I once interviewed Karl Pillemer, the Cornell sociologist and author of "30 Lessons for Living: Tired and True Advice from the Wisest Americans." He'd seen numerous studies showing that people in their 70s, 80s, and beyond were far happier than younger people. It occurred to him that maybe they see and understand things that younger people don't. When elders say that life is short, they're not being pessimistic. Worrying about things that never happened: "Worrying wastes your life," one respondent said.

Persons: Karl Pillemer, He'd, Pillemer, they're, — Organizations: Cornell

☆ A CEO who replaced 90% of his support staff with an AI chatbot says copy-paste jobs are gone
▼ + stars: | 2023-10-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Jobs that copy-paste responses are a thing of the past because of AI, says ecommerce company CEO Suumit Shah. Shah had previously drawn flak for announcing he replaced 90% of his support staff with a chatbot. 90% of his support staff with a chatbot. AdvertisementAdvertisementShah made headlines in July for announcing over Twitter that he had laid off 90% of his customer support staff and replaced them with a chatbot he said outperformed them. We had to layoff 90% of our support team because of this AI chatbot.

Persons: Suumit Shah, Shah, —, ince, ake, aybe, uly., ike Organizations: Service, Washington Post, Twitter, ust Locations: India

However, there are some key differences between the mechanics of credit cards and Helocs. Still, Helocs have far lower rates than credit cards, even for borrowers with strong credit scores. If interest rates climbed to 7% a year later, your payment would rise to $58 a month until the end of the draw period—unless interest rates move again or you draw more from the line. (Secured credit cards are an option for people with limited credit history; they require a cash down payment.) Consolidating credit card debt is another common use, since rates on credit cards can be as much as double what they are on home-equity loans.

Persons: Tanza Loudenback, Aly J, Helocs, you’ve, Robert Heck, won’t, Knight, Freddie Mac, You’re, Scott Fligel, ”, Eric Alexander, Heck, “, ” Heck, Alexander Organizations: Yale, Federal, Federal Reserve, Northwestern Mutual, Income Locations: homeownership, Morty, Charlotte, N.C, Dallas

☆ Analysis: When, not if, Europe copies Wall Street share trading reform
▼ + stars: | 2023-10-05 | by ( Huw Jones | ) www.reuters.com time to read: +6 min

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. A shorter settlement time might increase efficiency, cut collateral needs, and "increase the competitiveness and the attractiveness of EU financial markets", ESMA said. ESMA is seeking views for a cost/benefit analysis of moving to at least T+1, though few believe it will not go ahead given advances in technology, regulatory pressure, and gravitational pull of Wall Street. EFAMA, a European funds industry body, says the move on Wall Street will require changes to existing IT systems for European firms and U.S. investors who trade European shares. There is already talk of moving to the next stage after T+1: instant or simultaneous settlement.

Persons: Carlo Allegri, ESMA, Pete Tomlinson, Richard Knox, Charlie Geffen, Geffen, AFME's Tomlinson, Huw Jones, Alison Williams Organizations: New York Stock, REUTERS, European, EU, U.S, Federal Reserve, Association for Financial Markets, Bankers, SWIFT Institute, CLS, Financial, UK, Thomson Locations: Manhattan, New York City , New York, U.S, European Union, Britain, Switzerland, Europe, United States, Canada, London, Brussels, Luxembourg, Madrid, Mainland China

NEW YORK (AP) — D’Wayne Wiggins and Timothy Christian Riley didn’t realize that Raphael Saadiq was planting the seeds for a Tony! “We have to be us first before we could talk to anybody because that’s what happened the last time.”Cut to last month, when Tony! “I think it’s been really cool to hear younger kids sample our music and make new songs with our music,” Riley said. “We did always feel the love from our peers and fans and people just in general — it felt really good,” he said. He remembers a younger Beyoncé asking to hear some of the music he was working on.

Persons: — D’Wayne Wiggins, Timothy Christian Riley didn’t, Raphael Saadiq, Tony, Toni, “, ”, Wiggins, ” Saadiq, …, Saadiq, Riley, Toné, Raphael Saddiq, Tone, It’s, that’s, “ There’s, Little Walter, Jack Swing, DJ Quik, ” “, “ I’ve, Nat King Cole, Tonyies, ‘, We’d, ” Wiggins, Amar Khalil, Will Smith, Alicia Keys, Badu’s, Lady ”, Whitney Houston, Mary J, Blige, Dawn Robinson, Ali Shaheed Muhammad, Lucy Pearl, it’s, ” Riley, ” RAPHAEL SAADIQ, Raphael Saadiq's, D’Wayne Wiggins, Beyoncé, who’s, Knowles, Solange’s, she’s, Oscar, ’ ” Saadiq, Gary Gerard Hamilton Organizations: Music, TLC, En, Associated Press Locations: Oakland, Oakland , California, Southern California, @GaryGHamilton

In a few cases, according to NHTSA, ARC air bag inflators could be blocked by small pieces of debris, stopping the gases from escaping as they should. In May 2023, General Motors recalled 1 million GM vehicles with the air bags. NHTSA estimated the risk of one of these inflators rupturing at one in every 370,000 air bag deployments. But officials said the only way to know if an air bag has the defect is for it to actually rupture. NHTSA and various automakers are still working to get vehicle owners to replace all the air bags involved in that recall.

Persons: Jacob Tarvis, Marlene Beaudoin, Tarvis, inflators, Kia Optima, General Motors, ”, Donna Glassbrenner, Steve Gold, Gold, “, — Ford Organizations: CNN, Traffic Safety Administration, ARC Automotive, Delphi Automotive Systems, NHTSA, ARC, Chrysler Town &, General, GM, BMW, Fiat Chrysler Automobiles —, Hyundai, Kia, Benz, Porsche, Tesla, Toyota, Volkswagen Locations: United States, Canada, Turkey, Traverse

☆ Brite Payments, a fintech startup founded by a former Klarna employee, just raised $60 million using this 10-slide pitch deck
▼ + stars: | 2023-10-04 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Fintech startup Brite Payments has raised $60 million in venture capital funding as it looks to scale its European operations. Founded in 2019, the Swedish firm is in the instant bank transfer space, a burgeoning sector of open banking known as account-to-account (A2A) payments. Based in Stockholm, Brite was founded by a former employee at buy-now, pay-later giant Klarna, Lena Hackelöer, and operates in 25 countries leveraging Europe wide open banking regulation, known as PSD2. Its latest capital injection comes from London fund Dawn Capital which led the round alongside Headline and existing investor Incore. You can check out Brite Payment's 10 slide pitch deck below:

Persons: Brite, Lena Hackelöer, Hackelöer Organizations: Dawn Capital Locations: Swedish, Stockholm, Europe, London, Sweden, Malaga, Spain

☆ Instant View: World's biggest bond markets hit by wave of selling, then bounce
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +4 min

Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. JP Morgan analyst Sin Beng Ong in a note on the pressure it was putting on emerging Asia markets. RICHARD MCGUIRE, HEAD OF RATES STRATEGY, RABOBANK, LONDON:“The markets reflect effectively flying blind because the models don't work, everybody's been calling for a recession that just simply refuses to arrive. "Our view is that the U.S. economy slows into next year... so from that perspective, at some point, we expect it (bond market selloff) to normalise." (Compiled by the Global Finance & Markets Breaking News team)Our Standards: The Thomson Reuters Trust Principles.

Persons: Yuan, Dado Ruvic, BENG ONG, JP Morgan, Sin Beng Ong, RICHARD MCGUIRE, everybody's, you've, VIKRAM AGGARWAL, ” JUAN VALENZUELA, ARTEMIS, ”, ” NICK NELSON Organizations: REUTERS, OF, JPMORGAN, RABOBANK, LONDON, Federal Reserve, Global Finance, Markets, Thomson Locations: Treasuries, ASIA, SINGAPORE, Asia, U.S

CNN —The 2023 Nobel Prize in physics has been awarded to a team of scientists who created a ground-breaking technique using lasers to understand the extremely rapid movements of electrons, which were previously thought impossible to follow. “An attosecond is to one second as one second is to the age of the universe,” the committee explained. Pierre Agostini, Ferenc Krausz and Anne L'Huillier shared this year's physics prize. Rapid movements blur together, making extremely short events impossible to observe. Electrons’ movements in atoms and molecules are so rapid that they are measured in attoseconds.

Persons: Pierre Agostini, Ferenc Krausz, Anne L’Huillier “, “, Bob Rosner, ”, Rosner, Anne L'Huillier, Max Planck, ” L’Huillier, Hans Ellegren, L’Huillier, Olle Eriksson, —, Michael Moloney, ” Moloney Organizations: CNN, American Physical Society, University of Chicago, Ohio State University, Max, Quantum Optics, National Academy of Sciences, Lund University, Max Planck, Royal Swedish Academy of Sciences, Uppsala University, American Institute of Physics Locations: Stockholm, Sweden, Germany

☆ Inside Project Nile: Amazon's secret AI-powered plan to change the way you shop online.
▼ + stars: | 2023-10-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +10 min

"Project Nile is a confidential initiative wherein we're building a conversational shopping agent for Retail customers," one internal document explained. Wearing that "I love AI" t-shirt, Sirosh, VP of Amazon Search and Alexa Shopping, introduced Project Nile as a "super confidential" project. Project Nile isn't the only move Amazon has made in the popular generative AI space. For Amazon's retail side, Project Nile is one of the most important projects. Sirosh has told his team he's "staffing up very rapidly" as Project Nile is the "absolute top priority."

Persons: Joseph Sirosh, Sirosh, Stephen Lam, It's, they're, Andy Jassy, Doug Herrington, Jassy, Rohit Prasad, ChatGPT, Microsoft's Bing, Google's Bard Organizations: Amazon, Microsoft, Retail, Amazon Search, Alexa, Nile, ChatGPT, Google Locations: Anthropic, OpenAI

DES MOINES, Iowa (AP) — An estimated $1.04 billion Powerball jackpot will be up for grabs Monday night, tempting players to spend a couple dollars on a longshot chance at instant riches. The prize is the world's ninth-largest lottery prize behind earlier drawings of Powerball and Mega Millions, the other nearly nationwide lottery game. That losing streak reflects the stunningly long odds of winning the jackpot, at 1 in 292.2 million. The $1.04 billion jackpot is for a sole winner who chooses to receive the winnings through an annuity, paid annually over 30 years. Powerball is played in 45 states as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Organizations: DES, Powerball, D.C, U.S . Locations: DES MOINES, Iowa, Washington, Puerto Rico, U.S, U.S . Virgin Islands

☆ TPC Sawgrass: How one woman found her dream home on one of the world’s most famous golf courses
▼ + stars: | 2023-10-02 | by ( Jack Bantock | ) edition.cnn.com time to read: +9 min

“It was a really, really difficult decision,” Burchell told CNN. Rebecca BurchellBurchell’s focus had settled on Seven Mile Drive, a neighborhood that occupies the second-highest price bracket at Sawgrass Players Club. Michael Cohen / Getty ImagesThe view remains the star attraction of life in Sawgrass Players Club for Burchell, but it is far from the only draw. The clubhouse, pictured during the 2011 Players Championship, is the focal point of the community. Fans flock to the iconic 17th island green at TPC Sawgrass to watch Tiger Woods at the 2018 Players Championship.

Persons: Rebecca Burchell, Emma, Liam, Burchell, –, Rebecca’s, Mark, ” Burchell, ”, viewings, Rebecca Burchell Burchell’s, Pete Dye, Bobby Weed, Jerry Pate, that’s, “, I’ve, Michael Cohen, Scott Halleran, …, gridlock, Woods, Richard Heathcote, “ It’s Organizations: CNN, PGA Tour, Sawgrass Players, Burchell, TPC, Yards, Getty, University of Florida Locations: Beaconsfield, England, Ponte Vedra, Jacksonville , Florida, Jacksonville, Florida, Dye’s, Dye's

☆ Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn't Care
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, —, Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey

☆ The Great Zelle Pool Scam
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

☆ Brad Gerstner says AI will be bigger than the internet, bigger than mobile
▼ + stars: | 2023-09-28 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology could even trump the internet. "AI is going to be bigger than the internet, bigger than mobile and bigger than cloud software," Gerstner said at CNBC Delivering Alpha Investor Summit on Thursday in New York. The widely followed tech investor called the rise of AI a "super-cycle" just like the dotcom boom in the late 1990s. Gerstner said he's grown hopeful about the coming years as the Federal Reserve nears the end of its tightening cycle. Learn more about CNBC's Delivering Alpha investor summit here.

Persons: Brad Gerstner, Gerstner, chatbot, he's, we're Organizations: CNBC Delivering Alpha, Nvidia, Federal Reserve, Microsoft, Alpha Locations: New York

☆ The job Americans would most like to see replaced by robots
▼ + stars: | 2023-09-27 | by ( Joseph Bien-Kahn | ) www.businessinsider.com time to read: +26 min

In a survey of jobs Americans would most like to see replaced by robots, the umpire would surely rank near the top. (The MLB league official tells me that legalized gambling has not been a factor in implementing ABS.) Frustratingly, the subjective has infiltrated what initially felt like a technological problem: What does the perfect strike zone even look like anyway? The MLB league official agrees, telling me the Jetson Robot Home Plate Ump is not in their plans. "Growing up, my parents would go, 'Oh, the umpire's strike zone was small!'

Persons: Jordan Pacheco, Pacheco, John McEnroe, —, Billy Beane, maniacally, Houston, it's, Ben Hurian, Paul Hawkins, Goltz, Tyler Le, Justin Goltz, he's, there's, rears, Tyler Fitzgerald, Fitzgerald, who's, FanGraphs, Bagwell crouch, Miguel Yajure, Phillip Evans, Evans, X, they'd, Dylan Yep, what's, we're, Rob Manfred, — England's, Calvin Baker, Baker, Drew Strotman, Billy Evans, Strotman, Greg Maddux, MIT grads, steph, klay thompson, alf, hite, mudge, hird, ove, ahn Organizations: Lexington Legends, Twitter, Major League, ump, MLB, Sony, NASCAR, Triple, Albuquerque, Colorado Rockies, Astros, Companies, English Premier League soccer, Rugby, NFL, NBA, ABS, Sutter Health Park, Cats, San Francisco Giants, River, Reno Aces, AAA, Atlantic League, Big, of Fame, Seton Hall Sports, MIT, hawkeyes, ust Locations: OKC, California, Sacramento, uman

☆ Look of the Week: Kim Kardashian debuts a fake buzz cut
▼ + stars: | 2023-09-26 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —What comes to mind when one thinks of Kim Kardashian? Yet that was the image CR Fashion Book released into the world on Monday for the cover of the magazine’s 10th anniversary edition. Kardashian also wears a smudged white DSQUARED2 tank top and specs from Old Focals. Kardashian’s buzz cut, too, offers an instant injection of cool — lately, the close crop has been sported by everyone from Emma Corrin to Florence Pugh. Nadia Lee Cohen/CR Fashion Book“Ugly is attractive, ugly is exciting,” Miuccia Prada (Miu Miu’s founder and creative director since 1993) told British newspaper The Telegraph back in 2013.

Persons: Kim Kardashian, Nadia Lee Cohen, Kardashian, Matt Benns, “ Kim Kardashian, Chucky, it’s, ”, Miu Miu’s, Bella Hadid, influencer, Emma Corrin, Florence Pugh, Miuccia Prada, Paris, —, Carine Roitfeld, Cohen Organizations: CNN, British, White Locations: Focals, athleisure

It's easier to check in regularlyI used to be so anxious looking at my bank accounts that I'd only check them once a month. When I decided to move all of my money into one bank, I picked one that had historically high APYs for its savings accounts and CDs. While APY rates can fluctuate, I've found my bank to offer competitive rates that make me confident in my decision to keep my money here. Earn top savings rates and manage it all with a single secure login. When I had money in different banks, it would take a few business days for money to transfer to a different bank.

Persons: I've

☆ Brazil's central bank employees escalate protests over career demands
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

BRASILIA, Sept 25 (Reuters) - Brazil's central bank employees said on Monday they would intensify work stoppages in protest of the government's alleged failure to address career improvement demands, a move that will impact the development of new initiatives at the bank. The National Union of Central Bank Employees (SINAL) said in a statement that this phase of the protest is expected to affect the timeline for launching the Brazilian central bank's digital currency, DREX, initially slated for late 2024. The central bank said it would not comment on the matter. Central bank authorities have been emphasizing the introduction of installment-based payments. The employees are advocating for central bank analysts to be treated as auditors, ensuring they receive compensation tied to productivity, similar to federal revenue auditors.

Persons: Marcela Ayres, Matthew Lewis Organizations: National Union of Central Bank Employees, Thomson Locations: BRASILIA, Central, Brasilia

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