Why Fed Rate Hikes Affect Your Savings
CNET Money expert Laura Michelle Davis pours us a big cup of fed rates. Cheers! #fedrate #money #explainer #banking #debt
Bloomberg Technology
Why the AI Backlash Is Getting Worse
A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…
Bloomberg Technology
UK Executives See More AI Job Cuts
Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit. Irina Anghel explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get…
Bloomberg Technology
NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says
Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…
Why the AI Backlash Is Getting Worse
UK Executives See More AI Job Cuts
NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says
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@JaimeeNishiokaka
July 31, 2024 at 2:31 pm
My attempt at sexting ended with autocorrect changing “naughty” to “haughty.” Nothing like accidentally insulting your partner to kill the mood????
@lisaboban
July 31, 2024 at 3:00 pm
Sure. Except .. historically bank have been very slow to increase rates on savings and very fast to increase rate on debt. Many loans are tied to indexes like the Wall Street Journal rate or the Federal Home Loans Bank rates. But savings rates are “at the banks discretion”. So while your little coffee illustration is theoretically how things work, the reality is not so “sweet”.
@PMichaels
July 31, 2024 at 3:16 pm
Thanks, Obama… ????
@rawwr2469
July 31, 2024 at 6:27 pm
They must think we’re complete morons.