Consumers Aren’t Sweating Higher Rates Spending remains robust Don’t underestimate the public’s willingness to shop—or how much their spending could help support stock prices. Amid rising interest rates, higher gas prices, and plenty of uncertainty, Americans are still buying. That’s good news for the economy, since consumer spending accounts for about two-thirds of U.S. gross […]
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IMF: AI to Boost European Growth but Risks Inequality and Infrastructure Strain By Jan Strupczewski IMF Report Highlights Opportunities and Challenges of AI in Europe AI’s Potential Impact on European Productivity DUBLIN, Sept 19 (Reuters) – Artificial intelligence could lift European productivity by about 1% over five years, but risks widening inequality, straining power networks…
UPS professional driver earned the prestigious title of Grand Champion PITTSBURGH, Aug. 14, 2026 /PRNewswire/ — Today, the American Trucking Associations proclaimed Miguel Corral, a professional driver with UPS, the Bendix Grand Champion at the 2026 National Truck Driving & Step Van Championships. Corral, who resides in Indiana and secured his berth to nationals at…
Key insight: Key players in the prediction market space discussed their differing views in an open roundtable event hosted by the Council on Foreign Relations. What’s at stake: Traditional financial institutions that have expressed interest in prediction markets could be exposed to regulatory uncertainty and market risk. Forward look: Mulvaney said that he doesn’t expect…
OpenAI has launched an artificial intelligence foundation designed to be used by law firms and legal technology companies to build AI products and workflows, the company said in a Thursday (Sept. 17) blog post. The new Astra for Law combines OpenAI’s latest and most powerful model, GPT-6 Astra, with settings, tools and context tailored for…
A trader works on the floor of the New York Stock Exchange. NYSE Bond yields climbed Thursday morning, erasing most of the pullback they saw the previous day after the Treasury Department announced an intervention aimed at easing pressure on longer-dated government debt. The yield on the 30-year U.S. Treasury bond — the primary focus…
Brooklyn developer and aspiring airline mogul Ezra Unger has been banned from selling condos in New York state for six years. An investigation by the New York Attorney General’s office found that Unger sold units and collected payments from buyers for a condo project at 427 Marcy Avenue in Williamsburg before the AG approved a…