In 2006, Japanese engineer Hiroshi Ishiguro shocked the world by creating an android copy of himself called Geminoid HI-1. Nearly twenty years later, he has built six robot replicas of himself, with each version becoming more advanced.In 2006, Japanese engineer Hiroshi Ishiguro shocked the world by creating an android copy of himself called Geminoid HI-1.Nearly twenty years later, the so-called “father of humanoids” has built six robot replicas of himself, with each version becoming more advanced. His latest version, the Geminoid HI-6, was on display at the Hiroshi Ishiguro Laboratories at Osaka University during a visit from CNBC Tech: The Edge. “The…
Author: usaeverydaylife
A queue of people forms outside a money changer (L) as people wait to buy and sell the Japanese yen against foreign currency, along a street in central Tokyo on April 29, 2024.Richard A. Brooks | Afp | Getty ImagesThe Japanese yen is hovering near three-month lows against the U.S. dollar, after hitting 153.18 late Wednesday.In the past, weakness in the Japanese currency has been attributed to the difference between the U.S. and Japanese interest rates as lower rates tend to pressure currencies, while higher rates lift them up. Japan had negative rates for about eight years, keeping it’s currency…
A customer walks out of a McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesThe Centers for Disease Control and Prevention told McDonald’s late last week about a potential link to an E. coli outbreak, company spokespeople said Wednesday.At that time, the number of connected cases was smaller than it is now, though the company did not say how many cases there were then. As of Tuesday, the CDC has attributed 49 cases and one fatality across 10 states to the outbreak, which has been linked to McDonald’s Quarter Pounder burgers.Once notified about the link, McDonald’s…
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024.Brendan McDermid | ReutersThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayYields continue weighing on stocksU.S. stocks slumped Wednesday as Treasury yields continued rising. Megacaps such as Apple, Nvidia and Meta slid more than 2%. On Thursday, Asia-Pacific markets mostly followed Wall Street downwards.…
Saving for a home down payment can feel challenging, given current real estate prices. Using the right assets can help give your balance a lift.When you actually need the money is the “biggest driving factor,” said Ryan Dennehy, principal and financial advisor at California Financial Advisors in San Ramon, California. The firm ranked No. 13 on the 2024 CNBC FA 100 list.”Do you need the money six months from now, or do you need the money six years from now?” he said.More from FA 100:Here’s a look at more coverage of CNBC’s FA 100 list of top financial advisory firms for 2024:That…
A general view of Hyundai signage and logo at a dealership showroom on January 22, 2024 in Southend, United Kingdom.John Keeble | Getty ImagesSEOUL – Hyundai Motor Co on Thursday reported a 7% fall in third-quarter operating profit, hurt by warranty costs for its Santa Fe SUVs and as a global slowdown in car demand weighed.Hyundai Motor, which together with affiliate Kia Corp is the world’s third-biggest automaker by sales, reported operating profit of 3.6 trillion won ($2.6 billion) for July-September, compared with 3.8 trillion won in profit in the same period a year earlier.The result was also lower than a 3.9…
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll of analysts, and was 23% higher than the same period in 2023.Revenue for the period came in at £6.5 billion, slightly ahead of a forecast of £6.39 billion.Earlier this year the bank announced a strategic overhaul in an effort to cut costs, boost shareholder returns and stabilize its long-term financial performance,…
Bernstein has identified a handful of European companies as top stock picks, with four showing potential gains of more than 50%. The stocks named span diverse sectors, from recreational vehicle manufacturing to semiconductor production, reflecting Bernstein’s confidence in various European market segments. Bernstein believes the decline in this particular European stock market segment appeared to have bottomed out. “MSCI Small Caps staged an impressive and consistent outperformance vs Large Caps over a period of over 10 years, peaking in September 2021, followed by two years of a marked underperformance, troughing at -30%,” said Bernstein analysts led by Aleksander Peterc. “Over…
In his second visit to China this year, Apple CEO Tim Cook met with Beijing officials and local partners as the company faces challenges with its launch of Apple intelligence and increased competition in the market. China’s Minister of Industry and Information Technology met with the CEO in Beijing on Wednesday to discuss Apple’s development in China, network data security and cloud services, according to a ministry statement. During the conversation, the ministry said Cook signaled Apple’s commitment to the country, promising to increase investment in the market and to grow alongside Chinese companies. He also met with the leaders of several…
Bond traders are at it again, pushing Treasury yields higher and signaling the Federal Reserve was too heavy-handed when it cut interest rates by a half-percentage point last month. The recently rising yields have put pressure on the stock market — and specifically, names in our portfolio tied to housing. The 10-year Treasury yield — which influences all kinds of consumer loans, including mortgage rates — rose again Wednesday, reaching a session-high 4.26%. That’s a level not seen since late July when the yield had started to turn lower in anticipation of the Fed rate cut, which came on Sept.…
