The Microsoft 365 website on a laptop arranged in New York, US, on Tuesday, June 25, 2024. Bloomberg | Bloomberg | Getty ImagesThe beginning of the year is a great time to do some basic cyber hygiene. We’ve all been told to patch, change passwords, and update software. But one concern that has been increasingly creeping to the forefront is the sometimes quiet integration of potentially privacy-invading AI into programs. “AI’s rapid integration into our software and services has and should continue to raise significant questions about privacy policies that preceded the AI era,” said Lynette Owens, vice president, global consumer education…
Author: usaeverydaylife
An air of desperation hung over a handful of Premier League clubs last summer. Accounting years were drawing to a close across the top division of English football and the pressure was on to book profits before it was too late. Player sales were a must if a profitability and sustainability rules (PSR) breach was to be avoided before June 30.Newcastle United’s business back then was a microcosm of the chaos. They reluctantly agreed to sell Yankuba Minteh, their then teenage winger, to Brighton & Hove Albion for £30million before sanctioning the exit of Elliot Anderson, the homegrown forward, to…
Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert, Calama, Chile, on Sept. 12, 2022.Martin Bernetti | Afp | Getty ImagesRIYADH, Saudi Arabia – The energy minister of Saudi Arabia – the Gulf kingdom whose wealth and power rests disproportionately on its vast petroleum reserves – believes that oil is no longer an energy security challenge. Instead, he said, the coming battle will be for entirely different materials buried under the ground: critical minerals.”Oil is no longer an energy security challenge – it’s going to…
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019.Adam Jeffery | CNBCDoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again.”The Fed looks like Mr. Magoo, driving around, bumping into things. Then became systematic, got inflation to come down,” Gundlach said in an investor webcast Tuesday evening. “But for the past five months we’ve had another rising trend. This has got the Fed back into short-termism, reacting too much to short-term data, not being strategic.”Gundlach, a noted fixed-income investor whose firm manages $95 billion, made the comments before the latest reading…
Tesla Inc. (TSLA) has dominated the electric vehicle industry, but its position is increasingly being challenged. Here’s how to trade it with options. The growing presence of Chinese EV manufacturers, such as BYD and NIO , is significantly intensifying competition in key markets. These competitors are rapidly gaining market share with high-quality, cost-effective alternatives. With Tesla’s eye-watering valuation, it is priced for perfection, leaving little room for error as deliveries faces increasing pressure. With Q4 earnings set to be reported on January 29, we see elevated risks of missed expectations or cautious guidance, particularly given ongoing global competition and challenges…
A customer browses eggs on partially empty shelves at a grocery store in Lawndale, California, on Jan. 2, 2025. Patrick T. Fallon | AFP | Getty ImagesInflation ticked up in December on the back of higher energy and food prices, according to the consumer price index.The CPI, an inflation gauge, rose 2.9% in December 2024 versus the prior year, the Bureau of Labor Statistics reported Wednesday,That’s up from a 2.7% annual inflation rate in November, and from a recent low of 2.4% in September. While the upward move may seem disheartening, evidence suggests inflation should resume its downward drift in 2025,…
Mustafa Ciftci | Anadolu via Getty ImagesBitcoin extended its rebound on Wednesday, hovering just below $100,000 after another encouraging inflation report fueled investors’ risk appetite.The price of the flagship cryptocurrency was last higher by more than 2% at $99,034.55, bringing its 2-day gain to about 7%, according to Coin Metrics.The CoinDesk 20 index, which measures the broader market of cryptocurrencies, gained 5%.Stock Chart IconStock chart iconBitcoin approaches $100,000 after Wednesday’s CPI dataShares of Coinbase gained 6%. Bitcoin proxies MicroStrategy and Mara Holdings each gained about 5%.Wednesday’s move followed the release of the December consumer price index, which showed core inflation…
Could Ichiro Suzuki become the second-ever player unanimously voted into the National Baseball Hall of Fame and Museum? Will Billy Wagner pick up the five votes he missed last year to gain entry in his final year of eligibility? Will CC Sabathia make it to Cooperstown on his first try?Heading into the Jan. 21 announcement of the Hall of Fame voting results, all three scenarios are on the table.The voting is conducted by the nearly 400 eligible voting members of the Baseball Writers Association of America; all of the 151 ballots logged on Ryan Thibodaux’s Baseball Hall of Fame tracker…
As Panama’s president laid a wreath to honor those who died protesting the American occupation 60 years ago, the ceremony attendees were resolute.The commemoration this month came just days after President-elect Donald J. Trump falsely claimed China was controlling the Panama Canal and suggested he could use military force to retake the waterway.The threat rippled through a country still haunted by the events of 1964, when students trying to plant the Panamanian flag in the U.S.-occupied canal zone were met with deadly force.“My brother did not die for nothing,” said Carlos E. Bonilla Cacó, whose brother was killed in the…
How much post-election optimism does corporate America have? We are about to find out. Here’s the good news on earnings: Earnings tailwinds for 2025 Strong earnings growth (14.0%) Profit margins near record highs Broader earnings contributions from stocks outside of the Magnificent Seven Here’s the bad news: Earnings headwinds for 2025 High valuations “Higher for longer” interest rate environment Fiscal/monetary uncertainty 2025: Broader earnings breadth is the theme For a second year, it’s double-digit earnings growth as far as the eye can see. S & P 500 earnings growth 2025: up 14.0% 2024: up 10.1% Source: LSEG What’s surprising is that…
