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An American citizen has died at a popular adventure spot in Laos where alcohol tainted with methanol has been blamed for a spate of poisonings in recent days. The State Department said the U.S. citizen died in Vang Vieng, a town popular with backpackers to the north of the South East Asian country’s capital. Citing confidentiality, it would not comment when asked whether they died of methanol poisoning. One of South East Asia’s poorest countries, authorities in Laos have long cautioned foreign travelers about tainted drinks at nightclubs and bars. Duong Duc Toan, the manager of Nana Backpack hostel displays a bottle of vodka at his bar in Vang Vieng, Laos, on Tuesday.
Persons: , Anthony Albanese, Bianca Jones, Holly Bowles, , ” Albanese, Bowles, Jones, Vang Vieng, Nana Backpacker, Duong Duc Toan, Nana, Anupam Nath, Penny Wong Organizations: State Department, South East, NBC, Australian, Associated Press, NBC News, AP Locations: American, Laos, Vang Vieng, , Thailand, Vang, Thailand’s Bangkok, , East, Australia, New Zealand
GE Vernova can help meet the massive energy demands from artificial intelligence, according to Wells Fargo. The firm initiated coverage of the energy company with an overweight rating. Analyst Michael Blum said robust power demand tied to AI could lead to GE Vernova emerging as a key beneficiary, especially because the subsequent buildout will require an update to the power grid. GEV YTD mountain GE Vernova stock. The analyst also noted GE Vernova trades at a discount relative to the S & P 500.
Persons: Michael Blum, Blum Organizations: GE, General, GE Vernova Locations: Wells Fargo
AdvertisementElon Musk's AI startup xAI has been valued at a reported $50 billion, 16 months after its founding. One of his other companies, his artificial intelligence startup xAI, has catapulted from launch just 16 months ago into an AI company now worth a reported $50 billion. So how does that $50 billion compare to the competition? It took OpenAI, last valued at $157 billion in October, around 9 years to pass the $50 billion milestone, according to PitchBook. Musk said the process took 122 days — and the startup plans to double the amount of AI chips inside it in the coming months.
Persons: OpenAI, Elon Musk, , It's, Grok, Musk Organizations: Elon, Perplexity, SpaceX, Twitter, Nvidia
As of last week, nowhere else on the planet has air so hazardous to human health, according to global air quality monitors. By evening it feels like I am lifeless.”Deepak Rajak, whose asthma has worsened in recent weeks, visits a pollution clinic in New Delhi. Anushree Fadnavis/ReutersCommuters step out in a foggy winter morning amid rising air pollution, on November 19, 2024 in Greater Noida, India. But analysts say governments are focusing more on the emergency response rather than sustained efforts to improve air quality. While stubble burning during the winter harvest season exacerbates pollution levels, to solve the crisis, pollution needs to be tackled year-round, Dahiya said.
Persons: Deepak Rajak, Rajak, , Ram Manohar Lohiya, It’s, Atishi, that’s, CNN Rajak, Kajal Rajak, they’re, ” Kajal, , Vipin Kumar, Anushree Fadnavis, Sunil Ghosh, Mohammad Ibrahim, ” Ibrahim, Ibrahim can’t, Aditya Kumar Shukla, Delhi’s Batra, Shukla, Amit Jindal, Jindal, Gaurav Jain, Batra, Manish Swarup, Ajay Aggarwal, Sunil Dahiya, Dahiya, ” Dahiya Organizations: New, New Delhi CNN, CNN, World Health Organization, Indian Ministry of Forest Environment, Hindustan Times, Getty, Indian Air Force, , Clean Air Program Locations: New Delhi, Delhi, Greater Noida, India
AdvertisementRussia's central bank has been hiking its key interest rate to combat inflation. Business leaders have slammed Russia's increasing interest rate, saying it restricted their growth. Russia's top central banker, Elvira Nabiullina, told the government yesterday that the country is approaching a "turning point" for inflation and interest rates, Moscow-based RBC Group reported. Last month, to tame prices, Russia's central bank hiked its key interest rate to a record high of 21%. He also downgraded Russia's fixed capital investment growth from 1.9% to 1%, blaming the central bank's key rate.
Persons: Elvira Nabiullina, Nabiullina, Andrei Klepach, Alexander Shokhin Organizations: Business, RBC Group, State Duma, Industrialists Locations: Moscow, Ukraine, Russia, Russian Union
The arrests were the first time in the investigation that federal police have mentioned a plot to kill Lula and Geraldo Alckmin, his choice as vice-president, and stage a coup to stop him returning to power. He was in possession of the plan to kill Lula, one of the sources said. Lula won the presidential election in October 2022, defeating rightist incumbent Bolsonaro, and took office in January 2023. They also planned to seize and kill a Supreme Court justice if they succeeded, police said, without naming the judge. Others have been convicted by the Supreme Court on charges of an attempted coup, among other crimes.
Persons: Jair Bolsonaro’s, Luiz Inacio Lula da Silva, Lula, Geraldo Alckmin, General Mario Fernandes, Bolsonaro, General Fernandes, Alexandre de Moraes Organizations: SAO PAULO —, Special Forces, Reuters, Federal, Federal District, Crisis Management Locations: BRASILIA, Rio de Janeiro, Goias, Amazonas, Brasilia
Many new Bluesky users are praising the feeling on the site as being similar to "old Twitter." This week, the app shot to the top of Apple's App Store and Google's Play Store, and a Bluesky spokesperson told Business Insider it hit 18.3 million registered users. Advertisement"Consumers, time and time again, show us that they will put a brand in jeopardy if the leadership is associated with ideology the consumers don't care for," Lind told Business Insider. A spokesperson for Bluesky told Business Insider that the platform aims to give users more choice and offer creators independence from being locked into specific platforms. A few weeks ago, Bluesky had less than 1 million daily users in the US, "so the acceleration is tremendous," said David Carr, an editor at Similarweb.
Persons: Bluesky, Elon Musk's, Jonathan Bellack, Mark Cuban, he'd, That's, Stephen Lind, Lind, We've, Jack Dorsey, Twitter, Dorsey, David Carr Organizations: Social, Business, Applied Social Media, Cuban, Meta, USC Marshall School of Business, Bluesky, Twitter Locations: Similarweb
AdvertisementRussia could offer support to the Iran-backed Houthis as they menace key shipping lanes. A senior US State Department official said Moscow is engaging with the rebels at a "serious level." Russia could decide to help the Houthis with their Red Sea attacks and is engaging with the Iran-backed rebels at a "serious level," a senior US State Department official said. "It does seem as though there is a fairly serious level of engagement happening," Lenderking said of the Houthis and Russia. Tehran has provided Moscow with lethal aid, including missiles and drones similar to what it has given the Houthis in previous years.
Persons: Yemen Tim Lenderking, Lenderking, Vladimir Putin, Mohammed Hamoud Organizations: US State Department, State Department, United, Lebanese Hezbollah, US Navy, US Locations: Russia, Iran, Moscow, Yemen, Saudi Arabia, Washington, Ukraine, United Nations, Lebanese, Israel, Tehran, Gulf of Aden, Red
And now, scientists hypothesize that Earth may have sported its own ring some 466 million years ago. Scientists previously believed that a large asteroid broke apart within the solar system, creating the meteorites that hit Earth during the Ordovician Period. The space rock is commonly referred to as a “mini-moon” due to it coming within 2.8 million miles (4.5 million kilometers) of the planet. Also, the suggested Earth ring would have “had to be the result of the disruption of a much larger body as the authors indicate in their paper,” he added in an email, so the asteroid, likely about 37 feet (11 meters) in diameter, could not have made a new ring for Earth. However, “this ring formation event we think may have happened only once in the last 500 million years.”
Persons: CNN —, , , Andrew Tomkins, Tomkins, Roche, Earth’s, landmasses, Vincent Eke, ” Eke, PT5, Carlos de la Fuente Marcos, la Fuente Marcos, ” Tomkins Organizations: CNN, Monash University, NASA, Institute, UK’s Durham University, Complutense University of Madrid Locations: Melbourne, Australia, Earth’s Roche
CNN —A South African court ordered police to end a standoff with illegal miners and allow emergency workers to gain access to a shaft where hundreds are believed to be holed up. On Friday, the South African Human Rights Commission (SAHRC) said in a statement it was investigating the police for restricting the miners’ essential supplies. The South African Police Service welcomed the court order but said that the ruling does not prevent the detention of illegal miners who are in good health. Three illegal miners resurfaced by Saturday afternoon, according to the police. Also on Saturday, a South African national was arrested in Kanana at a house used as a smelter – a facility used to purify gold – they added.
Persons: Yasmin Omar, , Jerome Delay, “ We’ve, David Van Wyk, Organizations: CNN, SABC, Human Rights, South African Police Service, South Locations: Pretoria, South Africa, Stilfontein, Johannesburg, Kanana
AdvertisementRussia launched a "massive" overnight attack on Ukraine, Ukrainian President Volodymyr Zelenskyy said. Ukrainian President Volodymyr Zelenskyy said Russia launched a "massive combined attack" on Ukraine overnight, targeting energy infrastructure across the country. Writing on X, Zelenskyy said that Russia fired around 120 missiles and 90 drones at Ukraine from Saturday night to Sunday morning. It said the missiles fired in the attack included Kalibr cruise missiles, Kinzhal ballistic missiles, and a Zircon hypersonic missile, among others. AdvertisementMore than 140 aerial targets were taken out by Ukraine's air defenses overnight, the air force said.
Persons: Volodymyr Zelenskyy, Zelenskyy Organizations: Russia, Center for Strategic, International Studies, Kremlin, Armed Forces, Business Locations: Ukraine, Russia, Ukrainian, Mykolaiv, Washington, Moscow, Iran, North Korea, China
Does Sunday’s wild win in Pittsburgh tell us more about the Steelers or Ravens when it comes to AFC contenders? Nguyen: This Packers team is better than last year’s edition. A month from now, are we going to be talking about the Dolphins, Colts, both or neither as competing for the seventh seed in the AFC? Pompei: The competition for the last wild-card spot in the AFC could come down to the Dolphins, Colts, Bengals and Broncos. The Colts defense has improved, and on Sunday Richardson executed better than he did prior to his benching.
Persons: Mike Jones, Ted Nguyen, Dan Pompei, Jones, Steelers hadn’t, Lamar Jackson, Derrick Henry, Henry, Justin Tucker, Tucker’s, Mike Tomlin, Nate Herbig’s, Payton Wilson, Hill, Tucker, I’m, Jeff Hafley, Jordan Love, Love, he’s, Josh Jacobs, Tua Tagovailoa’s, Anthony Richardson, Sunday Richardson, They’re, Richardson, Tagovailoa, hasn’t, Anthony Weaver, Mike Macdonald, Joe Sargent Organizations: Packers, Steelers, Ravens, AFC, The Athletic NFL, Pittsburgh, Chargers, 49ers, NFC, Green Bay, Bears, Dolphins, Colts, Bengals, Broncos, Lions, Patriots, Titans, Giants, Jaguars, Jets, Browns, Texans, Raiders, Chiefs, Getty Locations: Chicago, Pittsburgh, Atlanta, Washington, Baltimore, Green, Houston, Miami
CNN —Week 11 of the 2024 NFL season is here and the race for the playoff spots are beginning to heat up. ETIn any other week, a clash between two seven-win AFC North division rivals would be the standout match-up. But for us, it’s just a Week 11 for us.”Allen has won his last three regular season clashes against the Chiefs. Burrow and the offense haven’t struggled to score points this season but have had issues converting those points into wins. Sean M. Haffey/Getty ImagesFull Week 11 Sunday scheduleAway @ homeGreen Bay Packers (6-3) vs. Chicago Bears (4-5) – 1:00 p.m.
Persons: Lamar Jackson, Jackson, Derrick Henry –, Saquon Barkley, Terrance Williams, Mike Tomlin, Justin Fields, Russell Wilson, Wilson, ” Wilson, “ We’ve, Scott Taetsch, Patrick Mahomes, Josh Allen, Allen, “ You’re, ” Mahomes, , I’ve, Josh, , Mahomes, Charlie Riedel, It’s, Greg Rousseau, A.J, Sean McDermott’s, they’ve, Kingsley Suamataia, Wanya Morris, Allen isn’t, we’ve, it’s, ” Allen, Andy Lyons, Joe Burrow . Burrow, hasn’t, Jim Harbaugh, – Tuli, Daiyan Henley –, Harbaugh, Jesse Minter, he’s, “ Ja’Marr Chase, Joe Burrow …, ” Minter, “ Burrow, that’s, Joe, Justin Herbert, Herbert, Sean M Organizations: CNN, Philadelphia Eagles, NFC East, Washington, Arizona Cardinals, Carolina Panthers, New York Giants, Tampa Bay Buccaneers, Baltimore Ravens, Pittsburgh Steelers, AFC North, Kansas City Chiefs, Buffalo Bills, Ravens, Acrisure, Cincinnati Bengals, NFL, AP, Steelers, Raiders, Jets, Giants, Pittsburgh, AFC, Bills, Chiefs, AFC Divisional, Denver Broncos, Kansas City, Sunday, New England Patriots, Green Bay Packers, Getty Images Cincinnati Bengals, Los Angeles Chargers, Bengals, Cincinnati, Chargers, Henley, LA, Chicago Bears, Jacksonville Jaguars, Detroit Lions, Vegas Raiders, Miami Dolphins, Los Angeles Rams, Cleveland Browns, New, New Orleans Saints, Minnesota Vikings, Tennessee Titans, Indianapolis Colts, New York Jets, Atlanta Falcons, Seattle Seahawks, San Francisco 49ers Locations: Pennsylvania, NFL.com’s, Pittsburgh, Buffalo, Los Angeles, New Orleans
CNBC Pro combed through Bank of America research to find stocks the bank believes are "best-in-class." They include Carvana , ESAB, Netflix , Texas Roadhouse and Johnson Controls . Texas Roadhouse Analyst Sara Senatore is sticking with shares of the Texas-themed restaurant following earnings in late October. BofA says Texas Roadhouse benefits from low staff turnover, innovative technology and same-store sales that continue to improve. In addition, Senatore called traffic growth "best-in-class" with month-to-month improvement even as the wider industry battles numerous headwinds.
Persons: Jessica Reif Ehrlich, Reif Ehrlich, Sherif El, BofA, ESAB, Sara Senatore, Senatore, Johnson Organizations: Bank of America, CNBC, Netflix, Texas, Johnson Controls, BofA, Gaming, El, JCI Locations: Bank, El, Texas, U.S, North America
“Donald Trump’s bungling of public health policy during the Covid pandemic cost hundreds of thousands of lives. “FDA’s war on public health is about to end,” he said in a social media post. Pack your bags.”That warning followed comments Kennedy has made about ending National Institutes of Health research into infectious diseases, putting doctors in the field on edge. water systems to remove fluoride from public water. Kennedy’s messaging on food policy has resonated with some health experts in that field.
Persons: Donald Trump’s, Robert F, Kennedy Jr, Dr, Ashish Jha, , Carlos del Rio, Trump, ” Trump, “ Robert F, Kennedy, Jr, ” Robert Weissman, “ Donald Trump’s bungling, Michael Osterholm, , Osterholm, he’d, Ronald Reagan’s, he’s, ” Kennedy, Paul Offit, Jesse Watters, I’ve, Jason Schwartz, Edward Chen, it’s, I’m, Ashley Malin, ” Malin, Food Kennedy, Sanjay Gupta, Marion Nestle, Sen, Ron Johnson, Nestle, ” Nestle, CNN’s Carma Hassan, Nadia Kounang, Daniel Dale, Aaron Pellish Organizations: CNN, US Department of Health, Human, Brown University School of Public Health, Emory School of Medicine & Grady Health, Public Health, Health, HHS, Department of Health, Human Services, Public Citizen, Infectious Disease, University of Minnesota, US Centers for Disease Control, US Food and Drug, FDA, Pharma, of Health, Vaccine Education Center, Children’s Hospital of Philadelphia, CDC, Vaccines, Health Defense, Fox News, Yale School of Public Health, Trump White, U.S, American Dental Association, Environmental Protection Agency, MSNBC, Epidemiology, University of Florida’s College of Public Health, CNN Health Locations: Wisconsin
Fed’s Powell: Rate cuts are still underway
  + stars: | 2024-11-14 | by ( Bryan Mena | ) edition.cnn.com   time to read: +4 min
Powell said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in place, at least in the short run. “We are moving policy over time to a more neutral setting,” Powell said in prepared remarks for an event in Dallas. It’s also too soon for Fed officials to conclude that October data is indicative of any new trend. While additional hot inflation reports could be factored in to the Fed’s decisions, officials are also looking at the US labor market closely. There’s also been tension between Trump and Powell, whom the president-elect first nominated in 2017 to steer the central bank.
Persons: Jerome Powell, Powell, ” Powell, Donald Trump, Trump’s, It’s, Price, , , There’s Organizations: Washington CNN — Federal, Republican, Fed Locations: Dallas, stoke, Trump
China's hyped air show kicked off with performances from its aerobatics team on Tuesday. But the grand display was dampened by smog filling the skies over Zhuhai, Guangdong. AdvertisementChina's biggest air exhibition opened on Tuesday to smoggy skies obscuring an intricate aerobatics performance meant to display the country's aircraft to the world. In its first official public appearance, the J-35A flew briefly at the opening in Zhuhai, climbing into the hazy sky. The smoggy opening also comes as China has sought to shed the reputation of its cities as being wracked by air pollution.
Persons: , Sp0wzC4wWm —, Lockheed Martin's, COMAC Organizations: Service, Liberation Army Air Force, Sp0wzC4wWm — Reuters, Red Falcon, Lockheed, Boeing, University of Chicago, WHO Locations: Zhuhai, Guangdong, China
Kraft Heinz, the company that produces Lunchables, announced Tuesday that it will remove the meal kits from the National School Lunch Program. “We’re pleased that Heinz Kraft has pulled Lunchables from the school lunch program,” Brian Ronholm, director of food policy at Consumer Reports said in a statement. “The USDA should maintain stricter eligibility standards for the school lunch programs so that the millions of kids that depend on it get the healthier options they deserve.”The National School Lunch Program –– a federally assisted program that provides low-cost and free nutritionally balanced lunches to students –– serves nearly 30 million kids, according to the US Department of Agriculture’s Food and Nutrition Service. Sodium levels in the school lunchesTwo types of Lunchables were brought into the school lunch program last year: Turkey & Cheddar Cracker Stackers and Extra Cheesy Pizza. Consumer Reports found that the kits, which were created specifically for the school lunch program, contained even higher levels of sodium than those available in the grocery store.
Persons: CNN —, Kraft Heinz, We’re, Heinz Kraft, Brian Ronholm, – –, Tom Vilsack, , Armour LunchMakers, Oscar Mayer, can’t, CNN’s Sandee, Parija Kavilanz Organizations: CNN, Consumer, US Department of Agriculture’s Food, Nutrition Service, , US Centers for Disease Control, Natural Meat, World Health Organization, CDC Locations: United States, Turkey
Her patients inquire about testosterone therapy for multiple problems — to improve mood, energy, sex drive, brain fog and muscle mass. She tells patients that testosterone therapy is currently only recommended for a low sex drive, although future research may find other benefits. Shifren, who has been involved in clinical trials looking at testosterone therapy in women, said that the benefits for women with low libido aren’t terribly impressive. When men start testosterone therapy, it is typically given in a gel with a dose of 50-100 mg a day. Voedisch recalls one patient who finally stopped testosterone therapy after her voice was altered.
Persons: Dr, Rebecca Dunsmoor, Su, They’re, Amy Voedisch, Voedisch, , , “ It’ll, they’ve, Traci Kurtzer, ” Kurtzer, Jan Shifren, Hospital’s, Shifren, It’s, Marcella Hill, Hill, ” Hill, didn’t, hadn’t, , Hill isn’t, ’ ” Organizations: OB, Stanford Medicine, Northwestern Medicine Center, Sexual, Drug Administration, Massachusetts, Health Locations: U.S, Palo Alto , California, Chicago, Boston, Vineyard , Utah
Russian missile and drone strikes are becoming more intense, a new study found. These attacks comprised 36 different models of missiles and drones, including Iskander ballistic missiles, Kh-59 cruise missiles and Iranian-made Shahed kamikaze drones. Related storiesNonetheless, there is a wide variation in the intensity of Russian strikes that seems to shift according to Moscow's priorities. "There were 17 days during the study period when missile launches exceeded 82 missiles in a single day," CSIS said. "Keeping this intercept rate high will require continued Western support for Ukraine," CSIS said.
Persons: , shivering, Yasir Atalan, Atalan, Michael Peck Organizations: Russian, Service, Center for Strategic, International Studies, CSIS, Ukraine, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Washington, Ukrainian, Russian, Gaza, Iranian, Israel, Moscow, Kyiv, Iran, North Korea, China, United States, Forbes
Commentators and academics have been weighing in on why Donald Trump won the US election. The images of him bleeding after a failed assassination attempt became the symbol of what supporters saw as a campaign of destinyHow Mr. Trump won is also the story of how Ms. Harris lost. Laurel Duggan, UnHerdWhy white women stuck with TrumpAdvertisementThe abortion issue had seemingly little impact on Republicans's performance with white women in this cycle. Nate Silver, founder of FiveThirtyEight and author of the Silver Bulletin newsletterSilver republished a lengthy blog post from late October with the new title "24 reasons that Trump won." Nate Silver offered up 24 reasons why Trump won.
Persons: Donald Trump, , There's, Donald Trump's, They've, Kamala Harris, Frank Bruni, Let's, Harris, aren't, Hannibal Lecter, Trump, Allysia Finley, Taylor Swift, Taylor, Swift, they'd, I'd, Sarah Baxter, Mueller, Francis Fukuyama, Ankush Khardori, Politico Trump, Shane Goldmacher, Maggie Haberman, Jonathan Swan, MAGA, Biden's, John Burn, Alexandra Ulmer, Gram Slattery, Elon Musk, Jim VandeHei, Mike Allen, Axios, David Weigel, Annie Lowrey, Biden, Gerard Baker, Hitler, Laurel Duggan, UnHerd, Sen, Chuck Schumer, Todd Landman, Evan Vucci Steve Hanke, Ronald Reagan, Steve Hanke, Reagan, Steve Hanke Nate Cohn, Tina Fordham, Trump's, Nate Silver, FiveThirtyEight, AP Matthew Yglesias, Yglesias, overperform electorally, Dominic Sandbrook, Sandbrook, Hillary Clinton, Tom Williams, Eric Cortellessa, Musk, Eric Cortellessa's Organizations: Service, Democratic, The New York Times Democrats, Trump, Street, Democrats Get, demeaned, Democrats, Financial, Republican, Biden, The New York Times, Trump Won, Republican Party, Britain's, Reuters Trump, White, Republicans —, Trump Republicans, Semafor, The Atlantic Voters, The, Democrat, Republicans, University of Nottingham, AP, Johns Hopkins University, Silver Locations: Trump, Ukraine, White, London, Florida, South Dakota, Arizona, Pennsylvania, Philadelphia, Ohio, Illinois, Wisconsin, Washington, New York City, San Francisco, Israel, California
Trump took a dim view of the Powell Fed during his first term in office, calling policymakers "boneheads" and once compared Powell to a golfer who couldn't putt. Powell, who was nominated by Trump in November 2017 and took office the following February, largely shrugged off the criticism then, and he again deflected Thursday. However, dealing with the ramifications of a Trump presidency will be almost unavoidable for the Fed leader. LaVorgna has a unique perspective on the situation, having served as chief economist for the National Economic Council under Trump. Trump historically has favored lower rates, though that too could change if the Fed cuts and inflation rises.
Persons: Jerome Powell, Kent Nishimura, Donald Trump, Trump, Powell, I'm, Joseph LaVorgna, LaVorgna, Lavorgna Organizations: Federal, Getty, firebrand Republican, Powell Fed, Trump, Fed, Nikko Securities, National Economic Council Locations: Washington, Washington , DC, stoke
AdvertisementSome venture capitalists expect US President Donald Trump to dial back regulation, potentially making it easier to develop new technologies and do business in Silicon Valley. Related VideoWhile many in Silicon Valley dislike Trump, many VCs and startup founders crave more freedom to pursue riskier new technologies unburdened by regulation. E-acc," referring to the recent Silicon Valley movement that wants technological advancements in AI to move as fast as possible, without any guardrails. Regulation has held Silicon Valley back in recent yearsVCs during Biden's presidency have complained about how tough it's been to get deals done. AdvertisementVCs anticipate an innovation boomAmerica is a country of entrepreneurs, and that's especially true in Silicon Valley.
Persons: , Donald Trump, Elon, Ben Narasin, we've, Trump, Musk, cheekily, Vance, Augustus Doricko, Kamala Harris, Aaron Levie, Harris, Mark Pincus, Biden's, Louis Lehot, Foley, Lardner, Lina Khan —, it's, Biden, JD Vance, Khan, Mason Angel, who's, he's, Narasin, Ben Thompson, Rainmaker's Doricko, Angel Organizations: Service, Elon, Venture, White, Department of Government, Zynga, acc, Google, Microsoft, Nvidia, Federal Trade Commission, Department of Justice, Trump, Republican, Big Tech, FTC, SpaceX, Space Force Locations: Silicon Valley, Silicon
Generative AI wasn't part of the lexicon for most of us during President-elect Donald Trump 's first four years in the White House. At a high level, generative AI is a cutting-edge form of technology that will shape the next decade and beyond. While the AI field has been around for decades, generative AI applications can create new content, including computer code, human-like text and images, in response to user prompts. Those that lead in generative AI will very likely shape the world as we know it. With 5G, Trump didn't just hope the U.S. could just fun faster than everyone else.
Persons: Donald Trump, ChatGPT, Kamala Harris, Trump, Elon Musk, OpenAI, JD Vance, Vance, Joe Biden's, Trump's, OpenAI's Sam Altman, Alphabet's Sundar Pichai, Jim Cramer, it's, Jim, they're, Jim Cramer's, Callaghan Organizations: Trump, Billionaire, Republican, Big Tech, Republican Party's, GOP, 5G, Mobile, Sprint, Verizon, Nvidia, Microsoft, Huawei, Biden, Deutsche Bank, South China, Taiwan Semiconductor Manufacturing, Apple, Washington, Intel, Eaton, Trust, CNBC, Convention Center, Callaghan O'hare Locations: Ohio, U.S, United States, America, We've, China, Taiwan, South, Beijing, Palm Beach, West Palm Beach , Florida
The move comes as inflation remains on a downward trend while the job market continues to lose momentum. While that has helped rein in price pressures, it also puts the job market in jeopardy. So I’m going to be patient.”Still, rate cuts are expected to stretch through 2025, even during a Trump presidency, according to economists. On one hand, there’s evidence that America’s job market has continued to lose momentum in recent months. But since Trump’s economic vision could eventually stoke inflation, that could mean the Fed delivers fewer rate cuts in the coming years.
Persons: Jerome Powell, Donald Trump, Powell, “ I’m, Raphael Bostic, , Kamala Harris, Felipe Villarroel, , Trump, hasn’t, Arthur Burns, Richard Nixon, Ben Bernanke Organizations: Washington CNN, Federal, President, White, Atlanta Fed, Trump, TwentyFour Asset Management, Fed, CNN, White House, Capitol Locations: Jackson , Mississippi
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