Brazil raised interest rates by a greater-than-expected 100 basis points on Wednesday, leaving the benchmark borrowing rate at 12.25%. The move, driven by inflation concerns and a weakening currency, could see the benchmark rate reach 14.25% as early as March. The central bank’s decision, made by the Copom committee, was seen as a sign that … Read more
The US government has issued a new directive to improve the security of cloud services used by federal agencies. The directive, titled “Bod-25-01,” requires agencies to implement secure practices and procedures when using cloud services. The directive emphasizes the importance of data privacy and protection, as well as the need for agencies to ensure that … Read more
Russia has arrested a 29-year-old Uzbek man who confessed to planting and detonating the bomb that killed top Russian general Igor Kirillov. The suspect, born in 1995, claimed he carried out the assassination on orders from Ukraine’s intelligence services. Kirillov, chief of Russia’s nuclear, biological and chemical protection troops, was killed outside his apartment building … Read more
Geo-restrictions on video streaming services have become a growing concern for consumers worldwide. The issue stems from laws and regulations that restrict access to certain content based on geographical location. Some countries, like the United States, do not have strict geo-restrictions, while others, such as China, have implemented robust laws to limit online content. In … Read more
AOL, as part of the Yahoo family of brands, uses cookies and personal data for various purposes beyond its core services. To manage these activities, users have the option to customize their choices. Users can choose to reject all cookies and personal data collection by clicking ‘Reject all’. Alternatively, they can click ‘Manage privacy settings’ … Read more
A new antioxidant, dubbed “Manganese-Dependent Peptide” (MDP), has been discovered that can protect humans against damage from ionizing radiation. The discovery was made by scientists who studied the unique properties of a bacterium called Deinococcus radiodurans, also known as “Conan the Bacterium.” This extremophile is capable of withstanding conditions that would be lethal to most … Read more
The Nintendo Switch has surpassed the PlayStation 2 to become the second-best-selling gaming hardware in the United States, with lifetime unit sales reaching 46.6 million, according to Circana’s November video game sales report. However, it trails only the Nintendo DS, which is currently leading with over 7 million more units sold. The Switch still accounts … Read more
The Dow Jones Industrial Average and other major indexes traded higher Wednesday as Wall Street braced for a Federal Reserve interest rate decision. The Fed Chairman Jerome Powell’s comments, due in the afternoon, are expected to shape market expectations. Nvidia (NVDA) was an early winner on the stock market today, rising 0.3% after a 1.2% … Read more
Amazon workers at four California facilities could walk off the job in a matter of days, just ahead of the holiday season. The Teamsters Union has authorized a potential strike over wages, benefits, and working conditions. According to labor attorney Kent Wong, this move is significant as it shows organized labor coast-to-coast. The Amazon Teamsters … Read more
A union representing over 10,000 Starbucks baristas has authorized a potential strike ahead of upcoming bargaining talks with the coffee giant. Workers United, which represents 525 stores in the US, claims that Starbucks has yet to present a comprehensive economic package and that hundreds of disputes over unfair labor practices remain unresolved. The union is … Read more