Federal Reserve Officials See Rates Staying High
The era of ultralow interest rates may be over. At the very least, policymakers don’t expect the type of low borrowing costs that prevailed before the pandemic to return anytime …
BUSINESS
FTSE slips despite Bank of England interest rate pause as pound tumbles
L ondon’s markets finished lower on Thursday despite the Bank of England holding interest rates for the first time since 2021, which weighed on the value of the pound. The …
Carbon offsets undercut California’s climate progress, researchers Find
By Ben Elgin | Bloomberg Since the passage of its landmark climate regulations 17 years ago, California has been a leader in the fight against global warming. The state reached …
For Tesla and Musk, Auto Strike Carries Benefits and Risks
The United Auto Workers strike against the Michigan automakers would seem to be nothing but good news for Tesla, the electric vehicle maker that has upended the industry and stolen …
Family of Man Who Drove Off Collapsed Bridge Says Google Maps Sent Him There
The family of a North Carolina man who drowned last year after he drove off a collapsed bridge while following Google Maps directions has sued Google for negligence, saying that …
Enough Talk, ChatGPT—My New Chatbot Friend Can Get Things Done
I recently needed to contact the CEO of a startup called Lindy, a company developing personal assistants powered by artificial intelligence. Instead of looking for it myself, I turned to …
Hope for mortgage pain relief as interest rate hikes paused
W ith the Bank of England voting to hold interest rates at 5.25 per cent at midday today, the mortgage market has already responded. Just hours after the news Nationwide, …
Apple’s new iOS 17 increases safeguards for children and teens
Although it may not get as much attention as the shiny new iPhones or some of the other features in the newly released iOS 17, Apple’s operating system update has …
Intel CEO Pat Gelsinger Touts 4 New Chips Amid a Cutthroat A.I. Race
Intel CEO Pat Gelsinger. ODD ANDERSEN/AFP via Getty Images Intel CEO Pat Gelsinger is eager to restore his company’s leadership in the rapidly changing semiconductor industry. At Intel Innovation 2023, …
Mixed-use campus Westside Paper hosting grand opening event on Sept. 30
Credit: Supplied photo Westside Paper, a new mixed-use campus located in West Midtown, will be holding its grand opening on Saturday, Sept. 30. Formerly a historic warehouse, the adaptive reuse …