Last year, new Federal Reserve Chairman Kevin Warsh believed that artificial intelligence would pave the way for interest rate cuts. Now it is doing exactly the opposite.

amefika2 weeks ago06 mins

in a Wall Street Journal In an op-ed last November about the Federal Reserve, Kevin Warsh said that artificial intelligence (AI) would be a “significant disinflationary force.” Many experts interpreted this to mean that Warsh was suggesting that the benefits of AI could pave the way for the Federal Reserve to lower interest rates further….

California Democrats are ignoring their options in a crowded race to replace Newsom

amefika2 weeks ago04 mins

Sacramento, California– The crowded race for California governor has left many Democrats in the state grappling with who to vote for in the closing days of the race. Although voting began in early May ahead of the June 2 primary, Democrats returned their votes at a slower pace than usual after a chaotic campaign full…

Analysis: Europe’s push to break Big Tech’s grip is tempered by internal debate

amefika2 weeks ago04 mins

By Foo Yun Chee BRUSSELS, May 27 (Reuters) – European leaders are divided over how far to go to rein in Big Tech, as they weigh momentous decisions about giving EU companies preferential access to mobile satellite spectrum and limiting big multinationals’ access to EU cloud tenders. On Tuesday, Reuters reported that Brussels was likely…

Winning numbers drawn in Powerball on Wednesday

amefika2 weeks ago01 mins

The winning numbers in the Powerball draw on Wednesday evening were: 05-14-21-31-51, Arsenal: 13, Power Play: 4 (Five, fourteen, twenty-one, thirty-one, fifty-one, Arsenal: thirteen, Powerplay: four) Estimated jackpot: $155 million For more lottery results, go to jackpot.com | Order lottery tickets Source link

A medieval book in Rome has been hiding the oldest English poem

amefika2 weeks ago05 mins

Researchers in Ireland looked at their computer screen and marveled at a medieval book found in a Roman library. They flipped through its digitized pages and found the most sought-after treasure: the oldest surviving English poem. “We were extremely surprised. We were speechless. We couldn’t believe our eyes when we first saw it,” Elisabetta Magnanti,…

Ooma, Inc. Q1 2027 Earnings Call Summary

amefika2 weeks ago04 mins

Ooma, Inc. Q1 2027 Earnings Call Summary – Moby Drivers of strategic performance Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why it’s our number one choice. Tap here. Performance exceeded expectations driven primarily by AirDial, which saw new line…

Happy, who taught researchers that elephants can recognize themselves, is euthanized at the Bronx Zoo

amefika2 weeks ago04 mins

New York — Happy, the Bronx Zoo elephant who gave researchers new insight into animal behavior and became The core of a closely watched animal rights issueShe was euthanized at the age of 55, the zoo said on Wednesday. An Asian elephant was put to sleep Tuesday at the zoo where she has lived for…

Egypt seeks regional grain logistics center with Russia’s main exporters

amefika2 weeks ago02 mins

The proposal was discussed in two separate meetings at the forum, which took place from May 20 to 23, 2026. Farouk first met with Alexey Gribanov, president of Demetra Holding, one of Russia’s largest grain trading and logistics companies and a major player in Russian wheat exports to Egypt, then held a separate session with…

3 Dividend Stocks Yielding Over 5% That Will Rebound Now

amefika2 weeks ago05 mins

High-growth AI stocks are undoubtedly the most attractive investments right now. But you can’t ignore the peace of mind that passive income stocks offer when high-growth stocks go through their rollercoaster ride. Long-term income investors looking to snap up some quality stocks now might want to take a look at these three high-yield dividend stocks…

The United States imposes sanctions on an Iranian agency trying to control shipping in the Strait of Hormuz

amefika2 weeks ago03 mins

The Trump administration on Wednesday imposed additional sanctions on Iran as part of sprawling measures Economic pressure campaign During the war, this time the country was targeted A newly created agency attempts to control shipping Through the Strait of Hormuz. The sanctions were announced late Wednesday afterward American forces carried out strikes on an Iranian…