USA on the verge of falling gas prices

Gasoline futures fell more than 10 percent on Tuesday and are down more than 22 percent since June, raising hopes that high gas prices across the country may soon fall. The price of US crude fell more than 8 percent and international benchmark Brent crude fell almost 10 percent on Tuesday. “We’re on the verge … Read more

Crypto exchange FTX has “a few billion” to support the industry – Bankman-Fried

Breadcrumb Trail Links PMN technology PMN business Author of the article: Reuters John McCrank and Megan Davies content of the article Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have “a few billion” on hand to prop up struggling companies that could further destabilize the digital … Read more

A Self-Made Millionaire Shares Her Top 18 ‘Recession Money Rules’: It’s ‘Reasonable to Worry’

Concerned about what your financial situation will be like in a year – or even a few months? With all the worries about economic growth, it is reasonable to worry about a possible recession. But the key is to start preparing now so you’re in the best position with your money should a recession hit … Read more

Early stage meta open source AI translation tool that works in 200 languages

Social media conglomerate Meta has developed a single AI model capable of translating into 200 different languages, including many unsupported by current commercial tools. The company is making the project available as open source in hopes that others will build on its work. The AI ​​model is part of Meta’s ambitious R&D project to create … Read more

“Buy Now, Pay Later” services could leave some Americans deep in debt

This worries economists and consumer advocates, who have little idea of ​​the erratic use of these services coupled with a lack of transparency Regulatory oversight, makes them wonder how much American debt really is. While other household debt, such as credit card spending and auto loans, are recorded and tracked by the Federal Reserve, Buy … Read more

Are mass layoffs imminent? How the pandemic has changed employers’ recession strategy

For now, even as the economy slows, there’s still a near-record number of job openings, particularly in hospitality establishments like this restaurant in Schaumburg, Illinois. (Nam Y. Huh / Associated Press) As the economy slows, the post-pandemic surge is over for Wisconsin restaurant owner Patrick DePula and his four pizza and pasta shops. Last year … Read more

Are mass layoffs imminent? How the pandemic has changed employers’ recession strategy

For now, even as the economy slows, there’s still a near-record number of job openings, particularly in hospitality establishments like this restaurant in Schaumburg, Illinois. (Nam Y. Huh / Associated Press) As the economy slows, the post-pandemic surge is over for Wisconsin restaurant owner Patrick DePula and his four pizza and pasta shops. Last year … Read more

These 5 Top Stocks Will Outperform in a Recession | The colorful fool

The Federal Reserve is struggling with increased inflation by adopting a restrictive stance and raising interest rates. The risk of a recession is real and many believe it is inevitable. This is the bad news. The good news is that some stocks do well no matter what, others do better historically during economic difficulties, and … Read more

The US is urging the Netherlands to ban Dutch technology provider ASML from selling older semiconductor manufacturing equipment to China

The US is urging the Netherlands to ban ASML Holding from selling to China mainstream technology used in the manufacture of a large chunk of the world’s semiconductors and is expanding its campaign to curb the surge in chip production in the country, those with the matter said familiar people. The new restriction proposed by … Read more