China’s consumer prices fall for the first time in 2 years, as fears of deflation grow (www.cnbc.com)
China’s central bank has pushed back against deflation fears and said it expects consumer prices to pick up after a dip in July.
Over half of US student loan borrowers racked up credit card debt during the payment pause—now experts worry about 'shock' (www.cnbc.com)
Infant RSV shot wins backing of CDC advisors, paving way for fall availability (www.cnbc.com)
The first shot that protects all infants against respiratory syncytial virus, or RSV, won the unanimous backing of an advisory panel to the Centers for Disease Control and Prevention on Thursday.
Shipping giant Maersk warns of sharp slowdown in global trade as it reports profit plunge (www.cnbc.com)
'Unprecedented heat': Iran begins two-day nationwide shutdown amid soaring temperatures (www.cnbc.com)
The two-day shutdown comes at a time of record-breaking extreme heat across the globe, with July poised to be the hottest month in history.
Oil major BP posts 70% drop in second-quarter profit, raises dividend by 10% (www.cnbc.com)
Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed across the energy industry.
A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact (www.cnbc.com)
A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact::Technology has disrupted many workplaces. Artificial intelligence like ChatGPT may have an outsized impact on higher-paid office jobs, experts said.
Southeast Asia moves closer to economic unity with new regional payments system (www.cnbc.com)
Southeast Asia moves closer to economic unity with new regional payments system (www.cnbc.com)
The fight over a bill targeting credit card fees pits payment companies against retailers (www.cnbc.com)
A bipartisan push in Washington to clamp down on credit card fees is pitting retailers like Walmart against network payment processors such as Visa.
How China is threatening U.S. GPS dominance with Beidou (www.cnbc.com)
archived archive.ph/4tkTO
U.S. FDA approves second over-the-counter opioid overdose reversal drug (www.cnbc.com)
The U.S. Food and Drug Administration has approved the prescription-free sale of the second opioid overdose reversal drug, its manufacturer Harm Reduction Therapeutics said on Friday.
IEA says coal use hit an all-time high last year — and global demand will persist near record levels (www.cnbc.com)
Does Elon Musk (or CEO Linda) know about FedNow? (www.cnbc.com)
The Federal Reserve has already launched a small test of near-instantaneous financial transactions. Every time they talk about payments as a future feature of X/Twitter, I wonder if they know that’s getting Sherlocked.
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says (www.cnbc.com)
Convicted Ponzi schemer granted clemency by Trump charged with new Ponzi scheme (www.cnbc.com)
Google restricting internet access to some employees to reduce cyberattack risk (www.cnbc.com)
The company will disable internet access on the select desktops, with the exception of internal web-based tools and Google -owned websites like Google Drive and Gmail. Some workers who need the internet to do their job will get exceptions, the company stated in materials....
Johnson & Johnson sues Biden administration over Medicare drug price negotiations (www.cnbc.com)
Johnson & Johnson sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company to challenge the controversial provision of the Inflation Reduction Act.
Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts (www.cnbc.com)
Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts::Most outsourced programmers in India will see their jobs wiped out in the next year or two, Stability AI CEO Emad Mostaque said.
FDA approves AstraZeneca, Sanofi shot that protects infants and toddlers against RSV (www.cnbc.com)
Nirsevimab is the first shot approved by the FDA to protect all infants against RSV regardless of whether they are healthy or have a medical condition.
Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000 (www.cnbc.com)
The cheapest version of the Lightning will now start at about $50,000, a roughly $10,000 cut.
Microsoft and Sony sign deal to keep Activision’s Call of Duty on PlayStation (www.cnbc.com)
Microsoft and Sony sign deal to keep Activision’s Call of Duty on PlayStation::Microsoft and Sony have signed an agreement to keep Activision’s best-selling Call of Duty series available on PlayStation, after the conclusion of the deal.