Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City.Spencer Platt | Getty ImagesThe January consumer price index report is likely to tell a familiar story: another month, another expected miss for inflation as it relates to the Federal Reserve’s goal, with concerns aplenty about what happens from here.So instead of looking for hope from the headline readings, which aren’t expected to change much from December, markets will pore through the details for trends…
Author: usaeverydaylife
Sam Altman, CEO of OpenAI, speaks with French President Emmanuel Macron at Station F, during an event on the sidelines of the Artificial Intelligence Action Summit in Paris, France, Feb. 11, 2025.Aurelien Morissard | Via ReutersPARIS — Music was blaring and people were cheering at the Artificial Intelligence Action Summit in Paris on Monday as French President Emmanuel Macron declared France is “back in the AI race.”The bold call comes after Macron touted a 109 billion euro ($112.8 billion) investment in AI in the country. But it also underscores Europe’s desire, led by France, to be a part of the…
As he prepared to go to Washington this week, India’s prime minister, Narendra Modi, spoke of building on the warm relations he shared with President Trump during his first term in the White House.But Mr. Trump can be a fickle friend. So when Mr. Modi meets with him on Thursday, he is expected to bear offerings designed to ease emerging points of friction and preserve growing U.S.-India ties.One major focus is trade. Indian officials have said that domestic companies are in talks to increase purchases of American energy supplies, particularly liquefied natural gas. The two leaders are also expected to…
U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | ReutersA federal appeals court on Tuesday rejected the Trump administration’s bid to pause a lower court’s order that temporarily halted a massive freeze in federal funding.A judge in Rhode Island on Monday blocked the funding freeze and ordered the government to “immediately restore frozen funding.”In its ruling Tuesday, a three-judge panel for the 1st U.S. Circuit Court of Appeals wrote that the “defendants do not cite any authority in support of their administrative stay request or identify any harm related to a specific funding…
Tesla and SpaceX CEO Elon Musk delivers remarks alongside U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC.Andrew Harnik | Getty Images News | Getty Images Elon Musk is the world’s richest person, and the leader of Tesla, SpaceX, X, the Boring Company, xAI, Neuralink, the U.S. Department of Government Efficiency as well as a recent group of investors bidding to buy OpenAI.From a business point of view, Musk’s accomplishments are undeniable. The companies he heads are not only market leaders, but often trailblazers in…
Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021.Florence Lo | ReutersBEIJING — China’s Baidu plans to release the next generation of its artificial intelligence model in the second half of this year, according to a source familiar with the matter, as newer players such as DeepSeek disrupt the segment.Ernie 5.0, called a “foundation model,” is set to have “big enhancements in multimodal capabilities,” the source said, without specifying its functions. “Multimodal” AI can process texts, videos, images and audio to combine them as well as convert them across…
CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford.Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesChina’s Contemporary Amperex Technology (CATL), the largest electric vehicle battery producer in the world, has filed for listing on Hong Kong’s stock exchange, potentially making it the largest IPO for the city in five years.The size and timeline of the IPO and timeline were not revealed in the filing. However, Reuters reported that the deal is expected to raise at least $5 billion, citing sources familiar with the matter. That would mark Hong Kong’s…
Marc Fogel had traveled readily to and from Russia many times before his fateful last return to the country in August 2021. He had taught history for almost a decade, mostly to the children of diplomats, at the Anglo-American School in Moscow.But on entering Russia ahead of what he had decided would be his final year teaching at the school, Mr. Fogel was arrested and accused of smuggling drugs — less than an ounce of cannabis that he used to treat chronic back pain. In June 2022, he was sentenced to 14 years in a high-security prison; in Russia, lesser…
NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station onNASANASA on Tuesday swapped out the astronaut capsule it plans to use for an upcoming routine flight to the International Space Station, a scheduling move that will allow a slightly earlier return for two Starliner astronauts who have been on the station far longer than expected.The U.S. space agency said mission management teams opted to use a previously flown SpaceX Crew Dragon capsule for its Crew-10 mission to the space station, instead of a new SpaceX capsule whose production it…
Muto Yoji, Japan’s minister of economy, trade and industry.Toshifumi Kitamura | Afp | Getty ImagesJapan industry minister Yoji Muto said on Wednesday the nation has requested that the United States exempt Japan from steel and aluminum tariffs.U.S. President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% “without exceptions or exemptions,” saying they would aid struggling industries in the U.S., but which also risk sparking a multi-front trade war.Trump later said he would give “great consideration” to Australia’s request for an exemption to the steel tariffs due to that country’s trade deficit with the U.S. Source link
