Author: Press Room
Companion is a device designed to entertain, train, feed, and monitor the health of your dog. The stationary robot comes with more features than other automatic pet feeders on the market. It’s expected to launch in 2024 for $49 per month, with other purchase plans available later. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Would you pay $49 per month for a device to babysit your dog while you’re not at home?That’s what the company behind Companion, an AI device designed for dogs,…
US Treasury secretary Janet Yellen is poised to call for a “constructive and fair” economic relationship between China and the US, as Washington seeks to salvage fraying ties between the two nations.In a speech on Thursday, Yellen is expected to warn Beijing that the US will keep resisting its “unfair” economic policies, but will add that Washington is not trying to “stifle” the Chinese economy with national security measures.Her comments come as links between the powers are mired in their worst state in decades, having been derailed two months ago when a suspected Chinese spy balloon flew over the US.Yet…
A 57-year-old Ukrainian woman from Kherson testified to US lawmakers that Russian forces beat her, threatened to rape her and forced her to dig her own grave. Lyubov’s story was one of two powerful and horrific testimonies shared with House Foreign Affairs Committee members at a hearing about Russian war crimes Wednesday. Their last names were withheld by the committee at the survivors’ request. Her experience, along with that of 16-year-old Roman, who was forcibly transferred to Russia and placed with a family who attempted to indoctrinate him, are just some of the tens of thousands of incidents of war…
Investors are worried about an economic slowdown, but the corporate credit market is not screaming recession. Spreads on corporate bonds with low investment-grade ratings have not widened in line with the rise seen ahead of past economic contractions in 2001-2002, 2007-2008 and 2020, said John Silvia, founder of Dynamic Economic Strategy, in a research note Wednesday. He was referencing spreads over 10-year U.S. Treasurys for bonds rated Baa by Moody’s Investors Service, the note shows. Credit spreads are the level of compensation investors are paid above a risk-free rate, often Treasurys. They gap out when markets get volatile or concerns…
By James Glynn SYDNEY–Australian consumer confidence fell last week, snapping a short period of recovery supported by the Reserve Bank of Australia’s decision at the start of the month to keep interest rates on hold for the first time in nearly a year. Consumer confidence decreased by 2.1 points over the week, according to a survey by the ANZ Bank and pollster Roy Morgan. The confidence reading was the seventh-weakest result since the outbreak of Covid-19 in March 2020, said ANZ senior economist Adelaide Timbrell. The retreat in confidence is also somewhat surprising as it comes amid news of a…
This article is reprinted by permission from NerdWallet. Artificial intelligence (AI) is increasingly being integrated into workplaces across various industries, and it is having a significant impact on most jobs. While AI can improve efficiency, reduce costs, and enhance accuracy, it also poses a significant threat to many jobs, raising questions about the future of work. That introduction — we call them ledes in journalism — was written by ChatGPT, a language model created by OpenAI. Not too bad, but not quite what this reporter would have written. While I think, for now, my job is safe, it will likely look different…
An employee for the Consumer Financial Protection Bureau made an unauthorized transfer of consumer data to a personal email account, the agency said Wednesday. Roughly 256,000 consumers were impacted by the incident, and the employee is no longer employed by the CFPB. Their names and transaction-specific account numbers at a single institution were included on a spreadsheet sent to the personal email account. The numbers were used internally by the institution and cannot be used to gain access to consumers’ accounts, the CFPB said. There is no evidence the information was shared beyond the former employees email account. The CFPB…
© Reuters. FILE PHOTO: Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration By Blake Brittain (Reuters) – Stability AI, Midjourney, and DeviantArt fired back Tuesday at a group of artists who accused them of committing mass copyright infringement by using the artists’ work in generative AI systems. The companies asked a San Francisco federal court to dismiss the artists’ proposed class action lawsuit, arguing that the AI-created images are not similar to the artists’ work and that the lawsuit did not note specific images that were allegedly misused. An attorney for Midjourney declined to…
By Ambar Warrick Investing.com — Gold prices hovered below key levels in early Asian trade on Tuesday, coming under pressure from a firmer dollar and Treasury yields as markets reconsidered expectations for an imminent pause in the Federal Reserve’s interest rate hikes. Recent hawkish comments from Fed officials saw markets pricing in a greater chance of a rate hike in May, and brewed uncertainty over whether the central bank will pause in June. The head of the Bank of International Settlements, Agustín Carstens, also warned that interest rates may need to stay higher for longer due to high inflation and…
By Peter Nurse Investing.com – The U.S. dollar traded in a subdued fashion in early European trade Thursday, clinging on to overnight gains with expectations growing that the Federal Reserve will tighten monetary policy further next month. At 02:00 ET (06:00 GMT), the , which tracks the greenback against a basket of six other currencies, traded largely flat at 101.662, after climbing 0.3% during Wednesday’s session. Federal Reserve Bank of New York President said Wednesday that inflation is still at problematic levels and the U.S. central bank will act to lower it. This followed banking giant Morgan Stanley (NYSE:) releasing…
