#wall-street

#wall-street

That Google I/O show sure was something, wasn't it?It was a rip-roaring two hours of nonstop AI talk without a break.Bard, Palm, Duet, Unicorn, Gecko, Gemini, Tailwind, Oter-there were so many cryptic AI code names thrown around it was hard to keep track of what Google was talking about.A glossary really would have helped.

The Federal Reserve raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%.The move was widely expected by Wall Street as the macroeconomic policy crafters have yet to break the labor market and inflation levels are still considered elevated.

A City boss compared to the The Wolf Of Wall Street has been sentenced to 14 years' imprisonment in his absence over a 70 million Ponzi-style investment scam.Anthony Constantinou, 41, went on the run during his seven-week Southwark Crown Court trial and is thought to be in Turkey or Dubai after being stopped in Bulgaria with a fake Spanish passport.

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Grant Shapps has vowed to keep using TikTok on his personal phone, amid pleas for ministers to exit the platform entirely.The Energy Secretary posted a clip from the Wolf Of Wall Street in which Leonardo DiCaprio, portraying a New York stockbroker, declares he is not f****** leave and the show goes on.

Colin Miller Colin Miller Colin Miller Colin Miller Manhattan | 1 Wall Street, No. 622 A one-bedroom, one-and-a-half-bath, 1,060-square-foot apartment with 10-foot ceilings, ample closets, marble countertops and a garbage disposal in the kitchen, an en suite California king bedroom with radiant-heated bathroom floors, and a washer/dryer, on the sixth floor of a 56-story doorman building with porters, a concierge service, resident manager, gym, lap pool, private restaurant, dog wash, shared terrace, children's playroom, teen lounge, co-working space, extra storage and a bike room.

Let's be clear.The current healthcare system in the United States is totally broken, dysfunctional and cruel.It is a system which spends twice as much per capita as any other major country, while 85 million Americans are uninsured or underinsured, one out of four Americans cannot afford the cost of the prescription drugs their doctors prescribe, and where over 60,000 die each year because they don't get to a doctor on time.

House Speaker Kevin McCarthy said Monday in Jerusalem that he still has not heard from President Joe Biden about debt ceiling talks, following the House passing a GOP-led bill in an effort to pressure the White House to the negotiating table.The president still hasn't talked to me.I'm a little bit like Netanyahu, he said, referring to Biden not having invited Israel's Prime Minister Benjamin Netanyahu for a visit since he came back into power in December.

Cornel West, the progressive activist and professor, announced a presidential campaign on Monday with the People's Party, a third party led by a former campaign staff member for Senator Bernie Sanders.I enter in the quest for truth, I enter in the quest for justice, and the presidency is just one vehicle to pursue that truth and justice what I've been trying to do all of my life, Dr. West said in a campaign video posted on Twitter.

For decades, Lulu Friesdat made election integrity her life's work.Drawing support from activists and academics, she co-founded Smart Elections, a nonpartisan group that is opposed to some voting machines that Ms. Friesdat believes would increase wait times and cost a small fortune to purchase and maintain.

Microchip maker Nvidia Corp. was poised to join an exclusive list of companies worth more than $1 trillion on Thursday as the company said that feverish demand for AI technology was causing booming demand for its products.The chip designer's shares which have already doubled in value this year jumped by another 25 per cent on Wall Street on Thursday after the company said it is seeing unprecedented demand in just about every facet of its business.

Henry Grabar at a recent signing of his new book on, wait for it, parking!Photo: Gersh Kuntzman
Slate's cities reporter Henry Grabar's new book, Paved Paradise: How Parking Explains the World (Penguin Press), could have been a sleeper, aimed at livable cities nerds who already know how drivers' obsessive demand for free car storage has ruined our cities and enabled sprawl, all the while devastating our air quality and congesting our roads.

The Motley Fool announced that Chris Hill, longtime host of the Motley Fool Money podcast and radio show, is leaving at the end of the month.One of The Motley Fool's longest-tenured employees, Hill leaves the company after nearly 26 years."Getting the chance to create and host Motley Fool Money has been the highlight of my time at The Motley Fool," said Hill, who has hosted the show since the first episode in February 2009.

File photo courtesy of Industry City
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The curtain is rising at Industry City.Brooklyn One Productions, a non-profit theater company known for their summer Shakespeare productions, has found a permanent home at the Sunset Park industrial complex, where they'll feature year-round shows for the borough's art lovers.

Among the barrage of falsehoods and bluster, former President Donald J. Trump laid markers down on several major and divisive issues at the CNN town-hall meeting on Wednesday night.Mr. Trump spoke of several actions he might take if re-elected, at times with a specificity he often dodges in speeches and friendlier interviews.

Is TikTok's time up?That's the question coursing through the halls of Congress, Wall Street, and the public writ large after the social media company's chief executive, Shou Zi Chew, waffled for hours before US lawmakers on Thursday.TikTok's fate in the US is on shakier ground than ever following lawmakers' grueling questioning of Chew, Insider Intelligence principal analyst Jasmine Enberg said.

Jocelyn Yang is a markets reporter at CoinDesk.She is a recent graduate of Emerson College's journalism program.Bitcoin ( BTC) moved sideways at around mid-$27,000 on Tuesday as investors awaited the latest U.S. inflation report on Wednesday.The largest cryptocurrency by market capitalization was recently trading at around $27,560, down 0.2% in the past 24 hours, according to CoinDesk data.

The US chip-maker Nvidia has said cryptocurrencies do not bring anything useful for society despite the company's powerful processors selling in huge quantities to the sector.Michael Kagan, its chief technology officer, said other uses of processing power such as the artificial intelligence chatbot ChatGPT were more worthwhile than mining crypto.

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From the beginning, the investigation around the accident by Nestor and her team feels like it's stretching-they even claim that the main suspect used to be a bed wetter, for example.Not exactly evidence.As it develops, "Citizen Sleuth" reveals itself to be more than just a study of how wannabe profilers now become podcasters when Nestor interviews the legendary investigator Paul Holes about the evidence around the case, and, well, he destroys every potential criminal theory.

How is today's housing starts data, which beat expectations, good for mortgage rates?Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation.The answer is simple: The best way to fight inflation long-term is to add more supply.

Amid an advertising downturn, media planners will be making their more selective bets after attending the Interactive Advertising Bureau's Newfronts this year, set for May 1-4 in New York.As executives ready their pitches, here are a few key questions for the main presenters.Amazon
It's already an advertising powerhouse, quietly generating more than $37 billion in ad revenue last year.

Recent earnings report by Alphabet (NASDAQ: GOOG) led to a minor correction in the stock as its performance in many segments was below expectations.One of the key growth segments for Google has been YouTube ads.This business showed a massive 8% YoY decline and dropped to $7.96 billion compared to $8.63 billion a year ago.

Richard Sharp, 67, has many friends.Some like Sam Blyth, the Canadian businessman, bon vivant and distant cousin of Boris Johnson Sharp has known since leaving Oxford some 40 years ago.Others such as Johnson, who came to benefit from an 800,000 loan guarantee facility from Blyth via Sharp, are more recent in the making, borne out of a shared politics and the two men's joint determination to oust Ken Livingstone from his post as London mayor in 2008.

The banking meltdown over the past week has left us with more questions than answers.The stunning collapse of two American banks and the loss of investor confidence in Credit Suisse led to wild market swings and put Wall Street on edge.During CNN's primetime special, Bank Bust: Inside the Collapse of SVB, experts weighed in on how to best understand what's happening in a rapidly developing and confusing environment for financial institutions.

A man accused by police of stealing a car and driving it at an officer in Historic South-Central later crashed the vehicle and was taken to the hospital in critical condition, Los Angeles police said Monday.The man, whose name has not been released, was accused by his mother of stealing her car Sunday, according to LAPD spokesman Officer Mike Lopez.

On Tuesday Facebook parent Meta ( META) announced that it will lay off another 10,000 employees.The move is part of CEO Mark Zuckerberg's so-called "Year of Efficiency" during which the company is cutting back on spending amid falling digital advertising revenue and rising interest rates.But buried in Zuckerberg's statement about the layoffs was a clear message to both Silicon Valley and Wall Street: Artificial Intelligence is now as important to the company as the metaverse.