High speed trader XTX to build vast data centre in Finland
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Severe storms kill at least four in Houston and shatter windows in high-rise buildings
Fast-moving thunderstorms strike in Texas for second time this month, knocking out power to more than 900,000 homes. Fast-moving thunderstorms pummeled south-eastern Texas for the second time this month, killing at least four people, blowing out ...The Guardian - World -
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5 Ways to Speed Up Hiring
Avoid missing out on great hires by making your search and hire process more efficient.Inc. - Business -
'Speed Capital' Review: How the Indy 500 Was Born
Road racing in the early 20th century was popular, but hard to watch as the cars zoomed by. Indianapolis changed that.The Wall Street Journal - World -
Biden administration looks to speed review of asylum cases with new dedicated docket
The Biden administration is taking aim at the backlog of asylum cases from those who have recently arrived at the border, creating a dedicated docket in the hopes of more swiftly adjudicating the claims. Although largely a matter of managing the ...The Hill - Politics - Joe Biden -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
Reddit to Give OpenAI Access to Its Data in Licensing Deal
The deal will give the artificial-intelligence startup access to Reddit’s data.The Wall Street Journal - Tech -
Researchers build AI-driven sarcasm detector
Being able to detect lowest form of wit could help AI interact with people more naturally, say scientists. Never mind that it can pass the bar exam, ace medical tests and read bedtime stories with emotion, artificial intelligence will never match ...The Guardian - World -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
The end of centralized data? Samsung teams with Expanso on distributed processing
Enables teams to analyze data in situ, reducing the operational overhead of replicating data centers or managing data movement between cloudsVentureBeat - Tech -
Snowflake invests in Metaplane to solve data quality issues plaguing AI development
The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.VentureBeat - Tech -
Weka scores $140M to supercharge AI workloads with ‘dynamic data pipelines’
With this funding, Weka will augment its cash reserves from previous rounds and work towards scaling the business to meet the demand for AI infrastructure in the wake of the generative AI boom.VentureBeat - Tech -
Dollar Strengthens Amid Hawkish Fed, Dovish BoJ
The WSJ Dollar Index rises slightly as Fed officials pushed back against the idea that recent soft U.S. economic indicators make interest rate cuts this summer more likely.The Wall Street Journal - World -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Gold Prices Rise as U.S. Inflation Data Boosts Rate Cut Hopes
Gold rose on renewed hopes for Federal Reserve interest-rate cuts, after U.S. inflation eased slightly in April in line with expectations.The Wall Street Journal - World -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
Arena Breakout: Infinite devs on building a military sim for all gamers
The developers at MoreFun speak with GamesBeat about building its new military FPS, Arena Breakout: Infinite for all gamers.VentureBeat - Tech -
Unified API Recall pulls conversational data from Zoom and Google Meet to power AI bots
Since its launch, Recall has roped in over 300 companies from different industries, ingesting millions of hours of conversational data and powering downstream AI applications.VentureBeat - Tech - Google -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data
The Environmental Protection Agency watchdog says the agency distributed about $3 billion to states last year to replace harmful lead pipes based on unverified dataABC News - Health -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
Treasury yields hold steady despite data showing U.S. is about to face serious headwinds
Rates on U.S. government debt were slightly higher Friday morning even after Conference Board data pointed to softer economic conditions ahead.MarketWatch - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.The New York Times - Business - Federal Reserve -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
How the world could have looked: the most spectacular buildings that were never made
A mega egg in Paris, a hovering hotel in Machu Picchu, an hourglass tower in New York, a pleasure island in Baghdad … we reveal the architectural visions that were just too costly – or too weird. Did you know that, if things had gone differently, ...The Guardian - World -
Aid starts flowing into Gaza Strip across pier U.S. just finished building
Trucks carrying badly needed aid for the Gaza Strip have started rolling across a newly-built U.S. floating pier into the besieged enclave for the first time.CBS News - Top stories -
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Biden slams Trump as he touts record-high Dow crossing 40,000
President Joe Biden and Donald Trump are in the midst of a messaging fight over who has handled the economy better. The Dow hitting 40,000 could help Biden.CNBC - Business - Joe Biden -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Trump asks NY high court to intervene in gag order fight
Former President Trump asked New York’s highest court to intervene in his fight to throw out the gag order in his ongoing hush money criminal trial, one day after a mid-level appellate court upheld it. Trump’s attorney filed a notice of appeal on ...The Hill - Politics - Donald Trump -
U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.The New York Times - Business -