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Austan Goolsbee, president of the Federal Reserve Bank of Chicago, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 6, 2026. Patrick T. Fallon | AFP | Getty ImagesEnergy inflation tied to the war in Iran has lasted longer than expected, creating a “stagflationary shock” for Asian economies, Chicago Federal Reserve President Austan Goolsbee said Thursday.Speaking to CNBC’s Kaori Enjoji at the Bank of Japan-IMES Conference, Goolsbee said that initial estimates in the futures markets had expected energy prices to be “a lot lower” than current levels.While oil prices have…
Salesforce revenue forecast disappoints amid AI disruption fears Source link
Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial, Feb. 19, 2026.Jon Putman | Anadolu | Getty ImagesMeta CEO Mark Zuckerberg said his company could enter the cloud computing market if it overspends on data centers and ends up with excess capacity. “It’s definitely on the table,” Zuckerberg said on Wednesday at Meta’s annual shareholder meeting, in response to a question about potentially competing with Amazon and Microsoft in cloud computing. Zuckerberg reiterated comments made on an earnings call last year, noting that “almost every week…
Available for over a yearPlaid Cymru’s Rhun ap Iorwerth has been confirmed as Wales’ first minister, calling it “the greatest privilege of my life”. Born in Tonteg in south-east Wales, ap Iorwerth moved to Anglesey as a young child. His father was a teacher, prominent singer and composer, and an active campaigner for Plaid Cymru. His mother was also a teacher and went on to become president of several organisations promoting the Welsh language. After graduating from Cardiff University ap Iorwerth became a journalist and spent two decades as a reporter and presenter with BBC Wales. But in 2013, following…
In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas.Brandon Bell | Getty ImagesOil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.Brent crude futures, the international benchmark, gained over 1.81% to $96 per barrel, while the West Texas Intermediate futures gained 1.86% to $90.33 per barrel. American forces launched fresh strikes in Iran against a military site believed to threaten U.S. troops and commercial shipping through the Strait of Hormuz, a U.S. official told MS NOW. They also reportedly intercepted and…
US charges Google engineer with insider trading on Polymarket Source link
While each file system is sandboxed, meaning it’s isolated from other websites and from the device system itself, the JavaScript can measure the I/O interactions. Then, by running those interactions through a pretrained convolutional neural network—a system that uses deep learning to analyze text, audio, and images—the attacker can deduce various apps and websites open on the device. “The attacker continuously measures SSD contention by performing random reads from a large OPFS file,” the researchers explained. “SSD contention caused by user activity causes measurable latency differences for these read operations. By training a convolutional neural network (CNN) on these traces,…
The PM met his Polish counterpart Donald Tusk at RAF Northolt to formalise the agreement. Source link
Signage at the Situation Room by Polymarket pop-up bar in Washington, DC, US, on Friday, March 20, 2026. Graeme Sloan | Bloomberg | Getty ImagesFederal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million off of bets using insider information on Polymarket.Prosecutors claim that Michele Spagnuolo, a staff information security engineer at Google, used confidential information to place trades correctly betting that singer d4vd would be Google’s most searched person in 2025. Spagnuolo has been charged with money laundering, commodities fraud and wire fraud. The complaint, filed in the Southern District of New York,…
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. David Swanson | ReutersMinneapolis Federal Reserve President Neel Kashkari said Thursday that bringing down inflation in the U.S. remains his top priority, warning that consumer prices are still “much too high.” Speaking to CNBC’s Kaori Enjoji at the Bank of Japan-IMES Conference, Kashkari said that the U.S. central bank would continue taking a “balanced approach” to its dual mandate of price stability and full employment. Still, he noted that inflation…