Computer code is seen on a screen above a Chinese flag in this July 12, 2017 illustration photo. Thomas White | Reuters BEIJING — Chinese authorities are planning to restrict how companies use algorithms to sell products to consumers, a move analysts said likely runs counter to business interests and sets a precedent for other
Month: September 2021
Fabiola Gianotti, the director-general of scientific research center CERN, told CNBC that she fears that science could largely be forgotten following the coronavirus pandemic. “Of course there is a danger, the danger that once the crisis [is] over science is put back into its little box or in a drawer to be taken out again
A woman waits in a line outside a temporary unemployment office in Frankfort, Kentucky in June. Bryan Woolston | Reuters Misty Todd has used unemployment benefits to pay bills since losing her convenience-store job in March last year. But the 37-year-old Las Vegas resident is unsure how she’ll afford rent, groceries and essentials for her
Check out the companies making headlines before the bell: Didi Global (DIDI) – Didi rallied 4.3% in the premarket following a Bloomberg report that Beijing was considering taking a stake in the ride-hailing company and possibly bringing it under state control. It is unclear what size stake Beijing would consider taking in the company. Netflix
Japan’s Naomi Osaka competes against Czech Republic’s Marketa Vondrousova during their Tokyo 2020 women’s singles third round tennis match at the Ariake Tennis Park in Tokyo on July 27, 2021. Tiziania Fabi | AFP | Getty Images Naomi Osaka’s US Open defense ended in tears as she suffered a stunning defeat to Leylah Fernandez, before
VALERIE MACON | AFP | Getty Images Social Security will be able to pay full benefits for just another 12 years, according to new estimates released this week. Experts, however. say that does not mean you should dramatically change your Social Security claiming strategy. Each year, the Social Security Administration releases an annual trustees report
Tippapatt | iStock | Getty Images It’s yet another example of how the pandemic’s economic recovery has been uneven: While overall credit card debt is on the decline, others are seeing their balances mushroom into huge figures. Money Management International, a nonprofit credit counseling agency, recently analyzed the credit card balances of renters who sought
Find someone wiser than you, check your credit report and taxes, and stop catastrophizing. This is how you can do it. Maybe you lost your job. Maybe your hours were cut. Or maybe you had to take over caregiving responsibilities. If your income fell precipitously in the last 18 months — even if things have
A look at how fears over the markets reaction to the Federal Reserve’s plan to taper its QE program now seem to be unfounded.
OLIVIER DOULIERY | AFP | Getty Images More than a third of jobless Americans in August were long-term unemployed as benefits for these workers are set to expire. About 3.2 million people — or 37.4% of the total unemployed — have been out of work for at least six months, the official barometer for long-term
The CEO of real estate brokerage Redfin told CNBC on Friday he believes there has yet to be a serious reckoning among U.S. homebuyers about the dangers climate change presents. “The buyers just keep marching into the jaws of destruction,” Redfin’s Glenn Kelman said in an interview on “Closing Bell.” Wildfire season in the American West is
Gary Szatkowski, who was a top federal forecaster in New Jersey during Hurricane Sandy, called out New York politicians for suggesting that forecasters were unable to predict the times and intensity of Ida‘s threats. “The politicians are wrong,” Szatkowski said during a Friday evening interview on CNBC’s “The News with Shepard Smith.” ”There was a lot
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