News

October 5, 2021 (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Tuesday said he continues to believe supply bottlenecks are driving most of the recent increase in inflation, and though it is higher and may last longer than initially thought, it will subside. Inflation expected to be 3.5% or 4% this year “cuts […]

October 5, 2021 By Alexander Cornwell DUBAI (Reuters) – U.S. Commissioner General to the Expo in Dubai Robert Clark, who was appointed by President Joe Biden, said on Tuesday that he would lobby Congress to pass legislation to allow the government to finance the country’s participation in future world fairs. The United States is banned […]

October 5, 2021 STOCKHOLM (Reuters) – Sweden goalkeeper Hedvig Lindahl is hoping to do more than save shots with her new charity drive – the 38-year-old is hoping that prize draws featuring her kit and personal video messages can help save lives in Afghanistan. The shot-stopper, who plays her club football for Atletico Madrid in […]

October 5, 2021 By Richard Martin (Reuters) – While Real Madrid and Barcelona’s superpower status a decade ago was reflected in their dominance of Spain’s all-conquering national side, their decline can be measured in the very same way: Spain head to the UEFA Nations League Final Four tournament with no players from Real and four […]

October 5, 2021 WASHINGTON (Reuters) – The U.S. trade deficit increased more than expected in August, boosted by imports as businesses rebuild inventories, the latest sign that economic growth slowed in the third quarter. The trade deficit surged 4.2% to $73.3 billion last month, the Commerce Department said on Tuesday. Economists polled by Reuters had […]

October 5, 2021 By John McCrank NEW YORK (Reuters) – Robinhood Markets Inc said on Tuesday it had introduced 24-hour customer phone support, seven days a week, addressing criticisms over the app-driven retail brokerage’s communications that were also implicated in the suicide of a client. The fast-growing broker shot to prominence earlier this year during […]

October 5, 2021 By Jan Strupczewski LUXEMBOURG (Reuters) – The European Commission will publish on Oct. 19 its assessment of the economic impact of the pandemic on the European economy and its implications for EU budget rules as it launches a debate on how to change the rules that underpin the euro currency. EU budgets […]

October 5, 2021 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said it was “utterly essential” for Congress to lift the federal debt limit ahead of an Oct. 18 deadline to avoid U.S. default, but added that she opposes using a loophole in U.S. currency law to resolve the crisis. Yellen told CNBC in […]

October 5, 2021 By Subrat Patnaik, Eva Mathews and Sheila Dang (Reuters) – Facebook Inc blamed a “faulty configuration change https://tmsnrt.rs/3lcz40O” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media and messaging services such as WhatsApp, Instagram and Messenger. The company in a late Monday […]

October 5, 2021 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday declined to say whether she would support a reappointment of Federal Reserve Chair Jerome Powell for a second term, saying it’s up to President Joe Biden to decide. In an interview with CNBC, Yellen also said she trusts the U.S. central bank to […]

Chile’s Buk, which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. There are a few notable things about this financing. For one, it represents one of the largest (if not the) […]

Yubico, the maker of hardware security keys, has unveiled the YubiKey Bio, its first key to support biometric authentication for passwordless logins and multi-factor authentication (2FA) The launch of the YubiKey Bio comes as tech giants transition away from traditional password-based logins, a prime target for cyberattacks. Microsoft recently rolled out a passwordless sign-in option […]

Tortoise is expanding its remote controlled delivery robots to convenience store chains across the U.S. through a new two-year strategic partnership with King Retail Solutions (KRS), an Idaho-based retail brand strategy company with a national footprint. Under the agreement, KRS will resell and distribute more than 500 of Tortoise’s sidewalk delivery vehicles to help its […]

The latest Surface Pro is packed with new goodness. The screen is new and the chassis is new. It runs the latest Intel chipset and finally supports Thunderbolt 4. The Surface Pro 8 even packs Windows 11, which brings a host of new features. The signature kickstand works better, and the optional keyboard is improved. […]

Senior care can be a sensitive topic as many older people find themselves in situations where they need care, but are not to the point where they need the kind of around-the-clock care provided by nursing homes. Many older people still want some independence and to retain their dignity as they age and lose the […]

Anyone looking for a job, even in the past decade, knows how difficult it can be or has been — applications going into a black hole of a CRM, no response and follow-ups or the process being drug out for months. Lydia Han and Christopher Triolo started ModernLoop in December 2020 after seeing the problem […]

Robinhood announced Tuesday that it will be bringing “24/7” phone support to its 31 million users. It’s a long overdue move for the stock and crypto trading company founded in 2013, but one that signals its maturation following a challenging year that brought the company its biggest crisis, a surge in trading volume and its […]

Adaptive Shield, a Tel Aviv-based startup that automates the security of software-as-a-service (SaaS) applications, has secured $30 million in Series A funding led by Insight Partners. The funding round, which also saw participation from Okta Ventures and existing investor Vertex Ventures Israel, follows a $4 million seed round in 2019. The company tells TechCrunch it will […]

The availability of data can paralyze a company and its effort to bring software-centric products and services to market. To solve this issue, two-year-old data startup Rendered.ai is generating synthetic data for the satellite, medical, robotics and automotive industries. At its most broad, synthetic data is manufactured rather than gathered from the real world. “When […]

October 5, 2021 BRUSSELS (Reuters) – European Union leaders will discuss later in October the idea of setting up an EU strategic gas reserve and the decoupling of electricity prices from gas prices, the head of the European Commission Ursula von der Leyen said on Tuesday. Speaking to reporters in Estonia, von der Leyen said […]