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Powell Signals Possible September Rate Cut as Inflation Cools

Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September, pointing to continued progress in bringing inflation back toward the Fed’s 2% target and signs of a cooling labor market. Powell’s remarks reinforced expectations that policymakers are preparing to ease monetary policy after an extended period of restrictive rates. Recent data showed core…

Ekonomi 52 görüntülenme 197g önce

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S&P 500, Nasdaq Close at Records as Tech Stocks Extend Rally

The S&P 500 and Nasdaq Composite climbed to fresh record highs in late trading as a powerful rally in technology shares continued to lift Wall Street. Gains in Nvidia and Tesla helped drive the advance, with investors betting that artificial intelligence demand and improving sentiment around trade policy could support further upside in the sector. The Dow Jones Industrial Average also moved higher, buoyed by…

Ekonomi 357 görüntülenme 197g önce

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Powerful Earthquake Off Taiwan Kills Dozens, Injures Hundreds

A powerful 7.2-magnitude earthquake struck off Taiwan’s east coast, killing at least 23 people and injuring more than 200, according to local authorities. The quake caused widespread damage in Hualien, where several buildings collapsed and roads were blocked by landslides, complicating rescue operations. Emergency crews worked through the rubble on Wednesday in search of dozens of people believed to be trapped.…

Genel 370 görüntülenme 197g önce

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Beyoncé Announces Surprise Midnight Release of 'Renaissance Act II'

Beyoncé has stunned fans with the surprise announcement of Renaissance Act II, a country-infused follow-up to her 2022 album Renaissance, set for release at midnight across all major streaming platforms. The project marks the next chapter in the singer’s evolving creative era and continues the cultural momentum sparked by her previous work. According to the announcement, the album will feature collaborations with…

Eğlence 189 görüntülenme 197g önce

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Nobel Prize in Physics Honors Pioneers of Artificial Intelligence

The 2024 Nobel Prize in Physics has been awarded to John Hopfield and Geoffrey Hinton for foundational discoveries that helped shape modern machine learning and artificial neural networks. The Royal Swedish Academy of Sciences said their work provided the conceptual and technical basis for many of today’s most advanced AI systems. Hopfield, a physicist known for his work on associative memory networks, and Hinton,…

Genel 204 görüntülenme 197g önce

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Fed Minutes Reveal Split Over Rate Cuts as Inflation Stays Sticky

Minutes from the Federal Reserve’s July meeting showed policymakers divided over when to begin cutting interest rates, underscoring the central bank’s cautious stance as inflation remains above target. According to the record, some officials argued that the Fed should wait for clearer evidence that price pressures are easing before lowering borrowing costs, citing persistent inflation data as a reason for patience.…

Ekonomi 111 görüntülenme 197g önce

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Netanyahu Unveils New Three-Phase Gaza Ceasefire Proposal

Israeli Prime Minister Benjamin Netanyahu on Wednesday outlined a new three-phase ceasefire proposal for Gaza during an address to the Knesset, presenting what he described as a path toward ending the fighting while securing the release of hostages held by Hamas. According to the proposal, mediated by Qatar and Egypt, the plan would begin with temporary pauses in combat tied to hostage releases, followed by phased…

Politika 245 görüntülenme 197g önce

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SAG-AFTRA Strike Ends After 118 Days as Actors Return to Hollywood Sets

The SAG-AFTRA strike has officially ended after 118 days, following ratification of a new contract by union members that delivers wage increases and new protections around artificial intelligence. With the agreement in place, actors can return to work and Hollywood productions are expected to resume at full capacity. The end of the walkout marks a major turning point for the entertainment industry, which had faced…

Eğlence 232 görüntülenme 197g önce

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Hurricane Milton Slams Florida Gulf Coast as Category 3 Storm, Leaving Widespread Damage

Hurricane Milton made catastrophic landfall on Florida’s Gulf Coast near Siesta Key late Wednesday as a powerful Category 3 storm, bringing sustained winds of about 120 mph, dangerous storm surge and widespread flooding. The storm knocked out power to more than 2 million customers across the state, with emergency crews responding to reports of inundated roads, damaged buildings and coastal flooding. Officials warned…

Genel 84 görüntülenme 197g önce

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Russia Launches Large Drone Attack on Kyiv, Damaging Infrastructure and Injuring Civilians

Russia launched a major overnight drone assault on Kyiv and surrounding areas, sending more than 100 drones toward the Ukrainian capital in one of the latest large-scale air attacks of the war. Ukrainian air defenses intercepted most of the incoming drones, but officials said the strike still caused damage to infrastructure and left several civilians injured. The attack comes as Ukraine continues pressing its…

Dünya 315 görüntülenme 197g önce

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Nvidia Revenue Jumps 122% as AI Chip Demand Drives Record Quarter

Nvidia reported record quarterly revenue of $30 billion, a 122% increase from a year earlier, as demand for its Blackwell AI GPUs and data center products continued to accelerate. The results topped Wall Street expectations and sent the company’s shares up 8% in after-hours trading. The chipmaker said the surge was driven by strong spending from cloud providers and other large technology companies building out…

Teknoloji 225 görüntülenme 197g önce

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Fortnite Chapter 5 Season 4 Launches With Marvel Crossover and 'Absolute Doom' Theme

Epic Games has launched Fortnite Chapter 5 Season 4, titled "Absolute Doom," bringing a major Marvel crossover to the battle royale game. The new season, which goes live today, centers on Doctor Doom and the Fantastic Four, adding another high-profile collaboration to Fortnite’s long-running roster of pop culture tie-ins. The update introduces several gameplay changes designed to refresh the experience for players.…

Gaming 261 görüntülenme 197g önce

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