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Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the jobs market.”We could actually have a pretty strong growth economy. Your AI story… [is] something really pretty spectacular. But the job growth side of it is not nearly as comfortable as you would like it to be,” he told CNBC’s “Fast Money” this week. “That’s a dilemma for the Fed.”Zervos, a CNBC contributor, alluded to the central bank’s full employment and price stability mandate.”Imagine a world maybe where we’re [the economy] growing at three and a half or four [percent.]…
AUSTIN, Texas (AP) — For years, the unsolved killings of four teenage girls in an Austin yogurt shop in 1991 haunted investigators in the Texas capital.Two men were charged and convicted, only to have DNA evidence exonerate them, leaving the brutal deaths — in which the girls were bound, gagged and shot before the building was set on fire — an enduring mystery.Then Friday, authorities announced DNA evidence identified a new suspect: Robert Eugene Brashers, a long dead serial killer linked to several deaths and rapes across the country. Austin police say they will provide more details Monday of the…
LONDON — Ruben Amorim spent Friday afternoon at Manchester United’s Carrington training center talking about the possibility of ticking off his first back-to-back Premier League wins and finally injecting some momentum into his reign.A little over 24 hours later, he was sat in the media theatre at Brentford’s Gtech Community Stadium — grim-faced and almost grey with anguish — mulling over another defeat and facing questions about whether he’s still the right man to take this team forward.There is momentum yes, but not in the direction Amorim wants.The Portuguese coach has been in charge for 11 months and it was…
Despite the prevalence of cervical cancer diagnoses and deaths in the United States, data shows that screening for the cancer is on a consistent decline.Each year in the U.S., around 4,000 women die from cervical cancer, and about 13,000 are diagnosed with the disease, according to the Centers for Disease Control and Prevention.The most effective way to prevent cervical cancer is receiving the HPV vaccine, which offers protection against the HPV types that most frequently cause it, the CDC states. It’s also important for women to get screened for the disease.One common test for cervical cancer detection is a Pap…
Julián Álvarez was the star as Atlético Madrid came from behind to rout unbeaten derby rivals Real Madrid 5-2 on Saturday.Robin Le Normand had headed the hosts into a 14th-minute lead at the Metropolitano, but goals from Kylian Mbappé and Arda Güler turned the tables for the leaders.However, Alexander Sørloth’s equaliser in first-half stoppage time set the stage for Álvarez to convert 51st-minute penalty and then beat Thibaut Courtois with a free-kick 12 minutes later before substitute Antoine Griezmann completed the job.Atlético, who started the day a full nine points adrift of their neighbours after just six games, set off…
Bruno Fernandes had a penalty saved as Manchester United fell to a 3-1 defeat at Brentford to put the spotlight back on Ruben Amorim as his search for back-to-back league wins continues.United were 2-1 down as Fernandes waited more than four minutes to take his second-half spot-kick which was eventually saved by Caoimhin Kelleher after VAR checked if Nathan Collins should have been sent off for denying Bryan Mbeumo a goalscoring opportunity. Referee Craig Pawson’s decision to book Collins was upheld, without him being sent to the monitor, despite the Brentford defender making no clear attempt to play the ball…
Is it a global market game changer? If Ukrainian attacks on Russian oil facilities continue and escalate, Moscow could lose much of its export capacity. This might cripple its war efforts and could have a far greater impact on the market. India, Turkey and possibly even China would need to diversify their supply chains. Meanwhile, alternative suppliers are shrinking. The US also blacklists Iran and Venezuela. Iran faces the threat of a new attack from Israel, and a strong US fleet is off the Venezuelan coast, threatening to overthrow the anti-American Caracas regime. America, already a significant oil and gas…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Hours after we first reported last week that Berkshire sold off the remainder of its stake in BYD earlier this year, the Chinese electric vehicle maker confirmed the news and thanked Warren Buffett and Charlie Munger for believing in the company.In a post on the Chinese social media site Weibo, BYD public relations executive Li Yunfei wrote, as translated by Google:”In August 2022, Berkshire began gradually reducing its holdings of company shares purchased in…
Two Maxime Estève own goals and a late Erling Haaland brace helped Manchester City beat Burnley 5-1 to make it 14 wins in a row over the Clarets.After all the talk about Kyle Walker’s return to the Etihad Stadium in the build up to this game it was City’s starting right-back Matheus Nunes who scored their key second goal, rifling in a 61st-minute volley to restore their lead after Jaidon Anthony cancelled out an early opener off Estève.Four minutes later the unfortunate Estève inadvertently turned in Oscar Bobb’s shot to effectively settle what had become a nervy game for City…
Brighton struck twice in second-half stoppage-time as 10-man Chelsea threw away the lead to slump to a 3-1 Premier League defeat at Stamford Bridge.Maxim De Cuyper’s header put Brighton into the lead at the start of 11 added minutes at the end of the match to stun the home side, who had laboured ever since the dismissal in the 53rd minute of Trevoh Chalobah.Substitute De Cuyper was left unmarked to nod the ball home after Mats Weiffer had turned Yasin Ayari’s deep cross back into the box, before fellow substitute Danny Welbeck added a third – his second – to…