Meta Downplays Metaverse Ambitions Amid Cost Cutting Efforts
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Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - Business -
The costs of buying a home has hit an all-time high: report
It is more expensive than ever to buy a home in the U.S., according to a new report from the real estate company Redfin. The median home price hit a record $383,725 during the four week period ending April 21. That’s up 5.2 percent from a year ...The Hill - Politics -
Battery storage costs could fall up to 40 percent by 2030: IEA
A steep decline in battery costs will be the primary driver in the transition from fossil fuels to renewable energy in the years ahead, the International Energy Agency (IEA) projected. Battery costs have declined more than 90 percent in about a ...The Hill - Politics -
California Rule Seeks to Limit Health Cost Increases to 3 Percent
The stateHealth Care Affordability Board wants to cap annual health care price hikes with new five-year plan.Inc. - Business - California -
Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.CBS News - Top stories -
Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
In a new series by the CNBC personal finance team, we're delving into how climate change will impact your money.CNBC - Business - Climate -
Make gen AI work: The landscape, SLMs vs. LLMs, cost and more
Will 2024 be the year of AI in the enterprise? How much does AI actually cost? This week's carcast answers questions around AI, ML and data.VentureBeat - Tech -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Arizona House votes to repeal 1864 abortion law, measure now heads to the state Senate
Earlier this month, the Arizona Supreme Court ruled that the highly-restrictive 160-year-old law that bans nearly all abortions can be enforced.CBS News - Politics - Abortion -
Trump is among 'unindicted co-conspirators' in effort to overturn 2020 election in Michigan, investigator says
Former President Donald Trump, his former chief of staff Mark Meadows and his former attorney Rudy Giuliani are uncharged co-conspirators in a Michigan "false electors" scheme tied to efforts to overturn the 2020 election, a state investigator ...NBC News - Politics - Donald Trump -
Trump is among 'unindicted co-conspirators' in effort to overturn 2020 election in Michigan, investigator says
Former President Donald Trump, his former chief of staff Mark Meadows and his former attorney Rudy Giuliani are uncharged co-conspirators in a Michigan "false electors" scheme tied to efforts to overturn the 2020 election, a state investigator ...NBC News - Top stories - Donald Trump -
300 Music A-Listers Sign Letter in Support of Efforts to Nix Predatory Concert Ticket Resellers
Using bots to snap up seats and reselling them for outrageous markups harms artists and fans, say Billie Eilish, Lorde, and many other artists who signed a letter to Congress.Inc. - Business -
A US-led effort to bring aid to Gaza by sea is moving forward. But big concerns remain
The construction of a new port in Gaza and a UABC News - World -
Egypt sends delegation to Israel, its latest effort to broker a cease-fire between Israel and Hamas
Egypt has sent a high-level delegation to Israel with the hope of brokering a cease-fire agreement with Hamas in GazaABC News - World - Israel -
Egypt's president dispatched his intelligence chief to Israel in a last-ditch effort to revive talks toward a cease-fire in Gaza.
Egypt’s president dispatched his intelligence chief to Israel in a last-ditch effort to revive talks toward a cease-fire in Gaza.The Wall Street Journal - World - Israel -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.The Wall Street Journal - Business -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
Head of Vietnam's parliament resigns amid corruption probe
Vietnamese state media outlet VN Express reports that the head of Vietnam’s Parliament, Vuong Dinh Hue, has resignedABC News - World -
Head of Vietnam's parliament resigns amid corruption probe
Yahoo News - World -
Cowboys eye Elliott reunion amid RB shortage
The Cowboys have yet to fill their running back need, but the return of Ezekiel Elliott looks more and more likely.ESPN - Sports - NFL -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta's License to Spend on AI Gets Checked
The Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.The Wall Street Journal - World - Meta -
As Alphabet follows Meta with a dividend, the pressure is now on Amazon
Dividends are a sign of maturing companies, but may also be a diversion for investors amid hefty capital spendingMarketWatch - Business