Worries over rate cuts persist

Traders work on the floor of the New York Stock Exchange during morning trading on July 06, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

Rafah worries mount after Israeli hostage rescue mission kills 67

JERUSALEM — The Israeli strikes that lit up the night in Gaza’s southern city of Rafah on Monday sent pulses of fear through the 1.4 million Palestinians for whom that strip of land has become a shelter of last resort. Israel’s army described the overnight attacks as cover for a special forces mission to rescue … Read more

Wall Street rattled over Fed worries

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets … Read more

San Miguel Beer duo worries Standhardinger, Ginebra

San Miguel Beermen’sJune Mar Fajardo and Bennie Boatwright. –MARLO CUETO/INQUIRER.net MANILA, Philippines–Christian Standhardinger acknowledges the different dynamics Barangay Ginebra will face in its latest playoff encounter with San Miguel Beer, this time in the Philippine Basketball Association Commissioner’s Cup semifinals. “It doubles the winning strategy for them,” Standhardinger said when asked how the Gin Kings … Read more

Big Short’s Steve Eisman worries investors are too bullish in 2024

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year, Eisman believes there’s little tolerance for things going wrong. “Long term, … Read more

Profit-taking, economic worries? Sudden stocks sell-off confounds analysts

Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City.  Michael M. Santiago | Getty Images After nine straight sessions of gains, Wall Street suddenly took a turn around an hour and a half before the closing bell on Wednesday, leading the S&P … Read more

4 ways to overcome your biggest worries about generative AI

shapecharge/Getty Images Generative artificial intelligence (AI) is magic to the untrained eye.  From summarizing text to creating pictures and writing code, tools like OpenAI’s ChatGPT and Microsoft’s Copilot produce what seem like brilliant solutions to challenging questions in seconds. However, the magical abilities of generative AI can come with a side order of unhelpful tricks. … Read more

Lloyd Austin visits Kyiv as worries rise over U.S. military funding

Comment on this storyCommentAdd to your saved storiesSave KYIV — Defense Secretary Lloyd Austin arrived in Kyiv on Monday offering reassurance to Ukrainian leaders on behalf of the Biden administration that American aid will continue despite mounting opposition by Republicans in Congress and battlefield setbacks against Russian troops. It is Austin’s second visit to Ukraine … Read more

Long-haul carrier Emirates signals it will hold Airbus purchase over engine worries

DUBAI, United Arab Emirates — Long-haul carrier Emirates signaled Tuesday it will hold off on a major purchase of Airbus A350 aircraft over concerns about their Rolls Royce engines, marking a major blow for the European manufacturer as it hopes to close the sale during the Dubai Air Show this week. Emirates President Tim Clark’s … Read more

These are technology leaders’ biggest worries about using AI at work

AerialPerspective Images/Getty Images Generative AI may be an impressive productivity tool, but IT and business users alike need to beware that it is also complicating work-lives and business processes as well. That’s the warning from the authors of a new IEEE study, which cautions that “using AI isn’t as easy as it seems.” The findings of … Read more