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Biden quadruples tariffs on China EVs and targets chip imports as a trade war intensifies - 2024-05-14T13:29:00Z

The United States has announced plans to impose new tariffs on China’s exports of products in key industries as it seeks to weaken the country’s flood of goods into the West. The new restrictions are set to hit one industry particularly hard: electric vehicles.

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Home Depot misses on revenue as inflation and interest rates mean consumers put off big purchases - 2024-05-14T13:28:05Z

Home Depot on Tuesday missed Wall Street’s expectations for sales as Americans reined in spending on big projects and focused on smaller-scale home repairs.

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OpenAI's new ChatGPT sounds more human than ever - 2024-05-14T13:25:14Z

OpenAI unveiled GPT-4 Omni (GPT-4o) during its Spring Update on Monday in San Francisco. Chief Technology Officer Mira Murati and OpenAI staff showcased their newest flagship model, capable of real-time verbal conversations with a friendly AI chatbot that convincingly speaks like a human.

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GameStop stock soars 120% as the 'Roaring Kitty' meme stock rally continues for a second day - 2024-05-14T13:16:00Z

GameStop stock was once again skyrocketing Tuesday before markets opened, a day after the return of Roaring Kitty — the American investor known for his Reddit posts — drove the shares sharply higher and brought meme stock mania back to the market.

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Online job board Indeed is laying off 8% of its staff - 2024-05-14T12:00:00Z

Indeed is trimming its workforce again, as the job site looks to improve efficiency and boost revenues.

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Apple Voice Memos are getting AI transcription - 2024-05-14T11:50:53Z

I often use the iPhone’s Voice Memos at product briefings for interviews. As you can imagine, transcribing a 20-minute recording could be tedious. Thankfully, AppleInsider has learned of an AI-powered update coming to the Voice Memos and Notes apps on iPhone that will soon be able to transcribe and summarize voice…

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The delight of doodling with the new Apple Pencil Pro - 2024-05-14T11:48:18Z

This last big Apple release was such a doozy that you’d be forgiven for only paying attention to the siren call of a new OLED iPad. I’ve had the chance to get intimate with these new tablet products and accessories, and believe it or not, it’s not the ultra-luxury, uber-expensive tablet that’s made me the most…

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The new iPad Pro M4 is pretty but we wish it were a MacBook - 2024-05-14T11:38:00Z

The latest M4 iPad Pro is easily the most exciting thing Apple has released this year so far. Yes, it’s even more exciting than the Vision Pro. But why, you ask? What, just because it’s smaller and lighter than the Pro from two years ago? The big reason why is the new, pretty OLED screen. But more than that, it feels…

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The 5 states with the most housing inventory — and the 5 states with the least - 2024-05-14T09:00:00Z

There were 734,318 active home listings across the U.S. in April, just a 0.3% increase from a year earlier, according to residential data from Realtor.com.

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The Property Brothers on how they turned $250 into a cool $50,000 profit from their first flip - 2024-05-14T09:00:00Z

Drew and Jonathan Scott of HGTV’s new series, “Backed by the Bros,” spoke with Quartz to talk about breaking into real estate.

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How the Property Brothers broke into flipping houses - 2024-05-14T09:00:00Z

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Walmart earnings are coming. Here's what to watch - 2024-05-14T09:00:00Z

Consumers are holding their wallets tightly. Inflation continues to push prices up, increasing demand for cheaper goods, and leaving retailers like Walmart in a unique position to benefit.

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Starlink satellites, John Deere tractors, and more: The tech hit by the solar storm - 2024-05-13T22:06:20Z

On Friday, Earth was hit by the strongest geomagnetic storm in 20 years. Intense solar activity sent bursts of radiation toward Earth, causing fluctuations in the upper atmosphere that led to disruptions in the power grid and radio blackouts, among other technologies and infrastructure.

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McDonald's $5 meal deal could win back inflation-weary customers, Bank of America says - 2024-05-13T22:02:00Z

McDonald’s has high hopes that a $5 meal deal will help it bring back price-cautious consumers – and one analyst says it could, so long as it’s done correctly.

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Hackers are scrambling Christie's plan to sell almost $1 billion worth of art - 2024-05-13T21:58:52Z

Christie’s is about to try to sell an estimated $840 million of art this week. But it had a major wrench thrown into its plans last week when hackers took down its website.

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OpenAI's new ChatGPT is pretty flirty - 2024-05-13T21:52:47Z

OpenAI unveiled GPT-4o on Monday, showcasing the real-time audio features that make it seem like Spike Jonze’s film Her is now becoming a reality. Just like in the movie, OpenAI gave ChatGPT a dynamic, friendly, and arguably flirty, voice that truly sounds just like a human. I’m going to make an early and somewhat…

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The government ordered utilities to make a 20-year plan to climate-proof the grid - 2024-05-13T21:52:00Z

As the planet continues to warm and humans continue wracking their brains for solutions, the Federal Energy Regulatory Commission wants to make sure the lights stay on while that happens. The agency announced a new rule Monday that will require transmission providers to come up with a 20-year plan to address growing…

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Gen Z is making less money than millennials did 10 years ago, study says - 2024-05-13T21:45:06Z

Gen Z is making less than millennials made a decade ago at the same age.

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Google's I/O conference will 'solidify' its status as an AI winner, analyst says - 2024-05-13T21:25:07Z

Skeptics thought generative artificial intelligence was a big threat to Google, a tech giant that makes most of its money through its ever-popular search engine.

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GameStop stock soars 74% because 'Roaring Kitty' of meme stock fame has resurfaced online - 2024-05-13T21:21:00Z

The online return of Roaring Kitty, the American investor known for his posts on the subreddit r/wallstreetbets, drove GameStop stock up sharply Monday — so much that trading was halted.

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The Memo: Burnout is for the bots - 2024-05-13T20:45:00Z

Hello, Memo readers!

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Wall Street is watching two big inflation reports. Here's what to know - 2024-05-13T20:42:39Z

Stubbornly high inflation has been a problem for investors, consumers — and the Federal Reserve. Two economic reports this week will reveal whether inflation is holding strong, receding somewhat, or even increasing in 2024.

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Don't use an Amazon adapter to charge your electric car at a Tesla Supercharger - 2024-05-13T20:40:01Z

Tesla’s charge port has become the North American Charging Standard (NACS), but what does it take for non-Tesla owners to take advantage of the brand’s ubiquitous Supercharger network? Online retailers like Amazon are full of NACS adapters that look like they would allow non-Tesla EVs to charge at Tesla Superchargers,…

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GameStop meme stock mania is back. Here’s what happened last time - 2024-05-13T20:35:00Z

It looks like meme stocks are back in the game. Shares in video game retailer GameStop got a huge boost Monday due to a cryptic social media post. “Roaring Kitty,” the online name of American investor Keith Patrick Gill, who is known for igniting GameStop’s massive meme stock short squeeze in 2021, posted on X after a…

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Johnson & Johnson is selling off its stake in the maker of Tylenol and Band-Aids - 2024-05-13T20:08:00Z

Kenvue, the maker of popular consumer health brands like Tylenol and Listerine, announced Monday that Johnson & Johnson is selling its remaining stake in the company. The reversal comes about a year after the healthcare giant spun off its consumer health business into Kenvue.

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OpenAI's new ChatGPT can tell bedtime stories and solve math problems - 2024-05-13T19:38:00Z

OpenAI on Monday debuted a new chatbot with some impressive — or freaky, depending on your perspective — capabilities. With its ability to see, hear, and talk like a real person, OpenAI executives demonstrated how the latest ChatGPT can translate live conversations and tell bedtime stories in different voices.

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Kraft Heinz might sell Oscar Mayer - 2024-05-13T19:02:00Z

Kraft Heinz is thinking about selling its iconic hot dog brand Oscar Mayer. The Wall Street Journal, citing anonymous sources familiar with the matter, reports that the packaged foods giant is exploring a sale of the meat maker that could be valued between $3 billion and $5 billion. Kraft Heinz is in talks with Bank…

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Canadian wildfire smoke is again blowing into the U.S. - 2024-05-13T18:57:43Z

Health officials in Minnesota and Wisconsin issued air quality warnings on Sunday after the smoke from wildfires raging in western Canada started to reach the Upper Midwest. And it’s causing plenty of anxiety in people across a large swath of the U.S. who are dreading the idea of spending yet another summer choking…

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Porsche is debuting a new hybrid 911 sports car - 2024-05-13T18:46:33Z

Porsche likes to make a big stink about the fact that Ferdinand Porsche developed the world’s first hybrid drive car, the Lohner Porsche Semper Vivus, around 125 years ago. Back in 2010 the company raced a hybrid-drive 911 GT3 R, and shortly after released the hybrid hypercar 918 Spyder. A few years ago Porsche said…

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Tesla has so many unsold cars that it's storing them in an an abandoned mall parking lot - 2024-05-13T18:44:01Z

Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024.

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Meme stocks are in chaos because a Reddit guy named Roaring Kitty has returned - 2024-05-13T18:38:03Z

GameStop and other meme stocks surged wildly on Monday morning as Keith Gill returned to social media. The leader of the 2021 meme-stock mania, also known as Roaring Kitty and Deep Fucking Value, sent a single tweet on Sunday night that shook the universe of meme stocks, as their fearless leader signaled a second…

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OpenAI is announcing ChatGPT updates today. Here's how to watch - 2024-05-13T18:33:24Z

Live updates: OpenAI just made ChatGPT cheaper and twice as fast

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American, Delta and other airlines are suing the government to keep the fees they charge hidden - 2024-05-13T18:27:58Z

Last month, the Department of Transportation told U.S. airlines that they would need to start disclosing all of the fees customers need to pay to buy a plane ticket. Now, according a report from Reuters, the airlines are suing to block that rule.

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Melinda Gates is leaving the Gates Foundation to pursue her own charity - 2024-05-13T18:06:58Z

American philanthropist Melinda French Gates will resign from her post as co-chair of the Gates Foundation, the organization she co-founded with her ex-husband Bill Gates.

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The 10 best cities to rent for recent college graduates - 2024-05-13T18:05:13Z

The website Realtor.com put together a ranking of cities where college graduates might have a relatively easy time finding a place to live. The factors in the ranking include affordable rents, available places to rent, and the job market. Among the top 10 cities identified, this list goes from number 10 to number 1.

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OpenAI just made ChatGPT cheaper and twice as fast - 2024-05-13T18:00:00Z

OpenAI on Monday announced its new flagship model ChatGPT-4o — an AI chatbot that can see, hear, and have real-time conversations.

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Squarespace going private in $6.9 billion deal with Permira - 2024-05-13T17:53:00Z

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When it comes to Tesla, Americans are living in different universes - 2024-05-13T16:43:29Z

It’s pretty unusual for a car company to truly be divisive; outside of labor strikes or the occasional scandal or recall, they’re generally not something to be fought about at the Thanksgiving dinner table. Tesla, as usual, is the exception.

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Merck stopped a clinical trial for its experimental skin cancer drug after a high rate of side effects - 2024-05-13T16:31:00Z

Merck announced Monday that it is pulling the plug on its phase 3 trial of an experimental combination treatment for skin cancer after side effects of the medication led patients to drop out of the study.

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Google accidentally deleted a $125 billion pension fund's account - 2024-05-13T16:07:00Z

Google made a big mistake recently. The company accidentally erased the private Google Cloud account of a $125 billion Australian pension fund, UniSuper.

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Amazon's self-driving car startup Zoox is facing a federal investigation after 2 rear-enders - 2024-05-13T15:53:00Z

Zoox, a self-driving car startup owned by Amazon, is the latest company facing a federal investigation over its technology, joining Tesla and Ford Motor Co.

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Don't want people stealing your home WiFi? Here's how to to keep them off - 2024-05-13T15:48:01Z

WiFi is a precious resource, and you don’t want other people — house guests, neighbors, relatives, delivery drivers, hackers sitting at the end of your garden — accessing it without your permission. With that in mind, it’s a good idea to regularly audit who’s accessing your WiFi and kick off any unwelcome interlopers.

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Your car's key fob can be really easily hacked and there's not much you can do about it - 2024-05-13T15:45:36Z

They’re small, they’re convenient, and, according to security researchers, they’re extremely hackable. The car key fob doesn’t exactly have the greatest reputation when it comes to digital security. Over the past few years, law enforcement agencies have alleged an uptick in the number of car thefts tied to hacking…

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How the dairy industry took over the internet - 2024-05-13T15:34:00Z

This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.

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Boeing's problems are 'extremely annoying' to the CEO of Germany's largest airline - 2024-05-13T15:03:56Z

Another day, another airline CEO publicly grumbling about how long they’re having to wait on unfulfilled orders from Boeing. This time, it’s Carsten Spohr of Lufthansa. In an interview with the Swiss newspaper Neue Zuercher Zeitung, he expressed some tight-lipped annoyance at the planemaker.

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Even top-earning Americans say they're living paycheck to paycheck - 2024-05-13T14:59:00Z

A majority of Americans say they are living paycheck to paycheck — including high earners.

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Xiaomi and 'Tesla killer' BYD are taking on Elon Musk in China with cheap EVs - 2024-05-13T14:36:44Z

Foreign automakers are expected to face even more competition in China from domestic car companies, as Xiaomi reportedly has plans for an electric SUV to rival Tesla.

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Microsoft, Amazon, Pfizer, and others are investing a record $16 billion in France - 2024-05-13T14:30:00Z

Microsoft, Amazon, Pfizer, and other corporations announced Monday that they are investing a record 15 million euros ($16.2 billion) in France.

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The first new U.S. aluminum smelter in decades could cut emissions by 75% - 2024-05-13T14:09:53Z

This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.

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Squarespace stock pops 13% because it's going private - 2024-05-13T14:02:00Z

Squarespace stock soared 13% at market open on Monday after it announced that it will go private as part of its acquisition by private equity firm Permira.

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