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Federal Reserve keeps rates at 4.75%-5.00%, signals cuts unlikely until inflation cools

Federal Reserve keeps rates at 4.75%-5.00%, signals cuts unlikely until inflation cools

The U.S. Federal Reserve left its benchmark interest rate unchanged at 4.75% to 5.00% in its latest policy decision, underscoring its determination to keep borrowing costs elevated until inflation shows clearer signs of easing. Policymakers said price pressures remain above the central bank’s 2% target, leaving little room for an immediate shift toward lower rates. Chair Jerome Powell said the Fed needs to see…

Ekonomi 61 görüntülenme 195g önce
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Deadly Flash Floods Ravage Spain's Valencia Region, Leaving at Least 94 Dead

Deadly Flash Floods Ravage Spain's Valencia Region, Leaving at Least 94 Dead

Catastrophic flash floods triggered by torrential rainfall have devastated Spain's Valencia region, killing at least 94 people and leaving dozens more missing, authorities said Wednesday. Rescue teams are continuing search operations across the hardest-hit areas as the scale of destruction becomes clearer. The sudden floods swept through towns and villages with little warning, carrying away homes, vehicles, and…

Genel 164 görüntülenme 195g önce
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Fed keeps rates at 4.25%-4.50% as Powell says cuts await clearer inflation progress

Fed keeps rates at 4.25%-4.50% as Powell says cuts await clearer inflation progress

The U.S. Federal Reserve left its benchmark interest rate unchanged at 4.25% to 4.50% after its latest policy meeting, signaling that borrowing costs are likely to stay elevated until inflation shows more convincing signs of easing. In its statement, the central bank pointed to inflation that remains above its 2% target and said it needs greater confidence that price pressures are moving sustainably lower before…

Ekonomi 47 görüntülenme 195g önce
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Taylor Swift Endorses Kamala Harris After Trump Rally Shooting

Taylor Swift Endorses Kamala Harris After Trump Rally Shooting

Taylor Swift has publicly endorsed Vice President Kamala Harris for president, issuing a detailed Instagram post shortly after the attempted assassination of Donald Trump at a Pennsylvania campaign rally. The pop star, whose social media reach spans more than 280 million followers, urged fans to register to vote and said she would support Harris in the 2024 election. The endorsement marks Swift’s first explicit…

Eğlence 64 görüntülenme 195g önce
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Israel Strikes Hezbollah Command Center in Beirut, Killing Hassan Nasrallah

Israel Strikes Hezbollah Command Center in Beirut, Killing Hassan Nasrallah

Israel carried out a precision airstrike on Hezbollah’s underground headquarters in Beirut’s southern suburbs, killing the group’s secretary-general, Hassan Nasrallah, along with several senior commanders, according to Israeli and Hezbollah statements. The strike marks one of the most significant escalations in the long-running conflict between Israel and the Lebanese militant group. The Israeli military said the…

Genel 70 görüntülenme 195g önce
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Fed holds rates steady, signals no cuts until inflation eases further

Fed holds rates steady, signals no cuts until inflation eases further

The U.S. Federal Reserve kept its benchmark interest rate unchanged at 5.25% to 5.50% on Wednesday, underscoring its cautious stance as inflation remains above the central bank’s 2% target. The decision was widely expected and reflects policymakers’ view that more evidence is needed before considering any reduction in borrowing costs. In remarks following the announcement, Chair Jerome Powell said the Fed is not yet…

Ekonomi 58 görüntülenme 195g önce
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OpenAI Launches o1 Pro, a New Reasoning Model Built for Hard Problems

OpenAI Launches o1 Pro, a New Reasoning Model Built for Hard Problems

OpenAI has released o1 Pro, a new reasoning model designed to tackle complex tasks in math, coding, and science with greater accuracy than earlier versions. The company says the model outperforms both o1 and GPT-4o on a range of difficult benchmarks, highlighting improvements in multi-step problem-solving and chain-of-thought reasoning. According to OpenAI, o1 Pro delivers especially strong results on challenging…

Teknoloji 96 görüntülenme 195g önce
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Taylor Swift Endorses Kamala Harris After Debate, Urges Fans to Vote

Taylor Swift Endorses Kamala Harris After Debate, Urges Fans to Vote

Taylor Swift has publicly endorsed Vice President Kamala Harris for president, making her first explicit political endorsement in a post shared on Instagram after the presidential debate. In the message, Swift encouraged her 283 million followers to register to vote and weigh the stakes of the upcoming election. Swift signed the post “Childless Cat Lady,” a phrase that quickly drew attention online and added to the…

Eğlence 92 görüntülenme 195g önce
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Powell Says Fed Can Wait on Rate Cuts as Inflation Stays Sticky

Powell Says Fed Can Wait on Rate Cuts as Inflation Stays Sticky

Federal Reserve Chair Jerome Powell said the central bank is in no hurry to cut interest rates, arguing that policymakers have time to wait for clearer evidence that inflation is moving sustainably toward the 2% target. In remarks that reinforced a cautious stance, Powell said the economy remains resilient and the labor market is still solid, reducing the need for immediate policy easing. Powell’s comments come as…

Ekonomi 53 görüntülenme 195g önce
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OpenAI Launches o1 Reasoning Model, Touting Major Gains in Math and Science

OpenAI Launches o1 Reasoning Model, Touting Major Gains in Math and Science

OpenAI has unveiled o1, a new family of models built to tackle complex reasoning tasks in mathematics, coding and science. The company says the system is designed to think through problems step by step, using reinforcement learning to improve its ability to work through difficult questions before producing an answer. According to OpenAI, o1 has delivered strong results on several challenging benchmarks. The model…

Teknoloji 105 görüntülenme 195g önce
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Israel Strikes Hezbollah Targets in Lebanon as Tensions Rise

Israel Strikes Hezbollah Targets in Lebanon as Tensions Rise

Israeli forces carried out airstrikes on Hezbollah infrastructure in southern Lebanon on Thursday, targeting weapons storage sites and command centers, according to Israeli military statements. The strikes came in response to recent rocket fire into northern Israel, as cross-border hostilities continue to intensify. Lebanese health officials said the attacks killed at least 12 people and injured several others.…

Dünya 118 görüntülenme 195g önce
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Rockstar Teases GTA 6 Trailer 2 With Cryptic Vice City Post

Rockstar Teases GTA 6 Trailer 2 With Cryptic Vice City Post

Rockstar Games has sparked fresh speculation about Grand Theft Auto VI after posting a cryptic teaser on social media just 45 minutes ago, strongly suggesting that the game’s second trailer could arrive in the coming weeks. The post, which features imagery associated with Vice City and the simple caption “See you soon,” quickly set off a wave of excitement among fans and industry watchers. The teaser marks the first…

Gaming 154 görüntülenme 195g önce
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