In March, the personal consumption expenditures index revealed a 0.3% increase in consumer prices, exceeding expectations and signaling ongoing economic challenges for Americans. With prices rising 2.7% annually, surpassing forecasts, and core prices up 2.8% from the previous year, concerns over inflation persist. Despite efforts to stabilize prices, high...
Ava Davis
Ava Davis is BizTech Weekly's expert on digital marketing and social media trends. With years of experience in the marketing industry and a vibrant online presence, Ava's insights into digital strategies and social media dynamics are essential reading for businesses looking to thrive online.
Exxon Mobil reported a decline in profit for the first quarter due to lower natural gas prices and refining margins, earning $8.22 billion compared to $11.43 billion the previous year. Revenue also dropped to $83.08 billion from $86.56 billion, missing Wall Street's forecast of $86.6 billion. Despite this, Exxon...
AI image generators promoting "Nudify" apps that create deepfaked nudes from clothed photos are now appearing in monetized Instagram ads. Meta, the parent company of Facebook and Instagram, hosted several paid posts for these apps in its ad library. These apps have sparked controversy after being used to create...
The U.S. unemployment rate may be higher due to the recent increase in illegal immigration not being accurately reflected in government data, according to a report by Goldman Sachs. The discrepancy arises from the differing ways immigration is accounted for in the Labor Department's surveys, leading to underestimations in...
Newsweek has fully embraced AI as an opportunity for enhancing their journalistic endeavors, rather than viewing it as a menacing force within their newsroom, with updated guidelines introduced in September 2023 allowing text-generating AI tools to be utilized to increase efficiency and creativity among journalists. As Newsweek's AI integration...
Get ready for an easier way to delete browsing data on your iPhone with the latest updates. A new feature is making its way to the Google Chrome app, promising to streamline browsing for iPhone users. As Apple continues to innovate, rumors suggest the next iPhone could bid farewell...
A Nvidia engineer earning $250,000 annually expressed that employee salaries at the chip giant are not as lucrative as commonly believed, with a significant portion tied up in stock. Despite Nvidia's success in the AI market, many employees struggle to meet financial obligations due to taxes. The engineer, who...
The three-time defending champion clinched his fourth victory in five races this season at the Chinese Grand Prix, marking his 23rd win in the last 27 races. Verstappen's dominant performance saw him trailed by Lando Norris, who secured second place. With 110 points, Verstappen leads the standings, closely followed...
The United Auto Workers' victory at a Tennessee VW plant signals hope for expanding into the South, traditionally less unionized. With eyes on Toyota, Honda, and other automakers, the UAW impressed with new leadership and recent successful contracts. The win spurs other industries in the South to consider union...
Scientists from the University of California - Riverside are excited about their experimental "One-and-done" RNA vaccine that promises broad protection against various viruses and variants. Unlike traditional vaccines that often trigger intense side effects in some individuals, this new type of vaccine works by training the immune system to...
The U.S. Justice Department is set to pay around $100 million to settle claims from roughly 100 individuals who allege they were sexually abused by former sports doctor Larry Nassar. The deal, though not yet finalized or paid out, follows an internal investigation revealing mishandling of abuse allegations by...
The U.K.'s startup investment ecosystem seems to be recovering, as early-stage funding shows signs of improvement. In the first quarter of 2024, British startups secured $3.9 billion, slightly less than the previous quarter. Fintech, energy, and other sectors are attracting substantial investments. Despite challenges, stability in Series B and...
