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Best Subscription Tracker Apps of 2024

5 Best Subscription Tracker Apps of 2024 Best All Around Rocket Money See Offers Why We Chose It Rocket Money, formerly k...


Americans Are Dropping Home Prices as Buyers Lose Interest

Sellers are cutting prices amid weakening demand.


Sports Illustrated Tickets Adds Drew Brees as Investor

Sports Illustrated Tickets has brought on football legend Drew Brees as an investor in its business as the magazine brand looks to grab market share.


Dog Food Recalled Over Metal Contamination Fears

Mars Petcare US is recalling 315 bags of a dry dog food over concerns that they contain loose metal pieces.


Canada Is Looking at EV Tariff Policy After Biden’s Move Against China

Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles after the White House announced major new levies on them, Trade Minister Mary Ng said.


Marcos to Pinoys: Take selfies with local products to help MSMEs

President Ferdinand ''Bongbong'' Marcos Jr. on Thursday urged the public to maximize the use of social media in order to promote Philippine products. During his speech at the distribution of assistance to farmers and fisherfolk in Iligan City, Marcos said this would help the country's micro small medium enterprises (MSMEs) to promote local products in their areas. “Dito sa Iligan, alam kong sikat na pasalubong ang toasted peanut at palapa. Kaya...


Venezuela’s Maduro Decrees 9% Tax on Companies for Pension Fund

Venezuelan President Nicolas Maduro issued a decree setting a 9% tax on private companies for the creation of a state-run pension fund.


OpenAI disbands team devoted to artificial intelligence risks

OpenAI on Friday confirmed that it has disbanded a team devoted to mitigating the long-term dangers of super-smart artificial intelligence. The dismantling of an OpenAI team focused on keeping sophisticated artificial intelligence under control comes as such technology faces increased scrutiny from regulators and fears mount regarding its dangers.


Can we rid artificial intelligence of bias?

Artificial intelligence built on mountains of potentially biased information has created a real risk of automating discrimination, but is there any way to re-educate the machines? The huge models on which ChatGPT is built "can't reason about what is biased or what isn't so they can't do anything about it," cautioned Jayden Ziegler, head of product at Alembic Technologies.


8 Best Banking Apps of 2024

Best Banking Apps of 2024 What Is a Mobile Banking App? A mobile banking app lets you access your bank accounts and manage your money directly from your smartphone or tablet. They’re often easier to use, safer and more robust than logging on to your online banking site from a web browser on your smartphone. […] The post 8 Best Banking Apps of 2024 first appeared on Newsweek Vault.


Charting the Global Economy: US Inflation Eases; Rescue Package for China Property Crisis

A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year.


Philippines, Qatar to finalize ratification of investment promotion and protection deal

The governments of the Philippines and Qatar are set to finalize the ratification of the Investment Promotion and Protection Agreement (IPPA) this year, the Department of Trade and Industry (DTI) said Wednesday. In a news release, the DTI said Trade Secretary Alfredo Pascual and Qatar Minister of Commerce Sheikh Mohammed Bin Hamad Bin Qassim Al-Abdullah Al-Thani agreed on the timeline in a meeting on the sidelines of the Qatar Economic Forum....


Tens of Thousands More Quit Their Jobs in New York State

More than 30,000 workers in the state left their jobs in March, according to government data.


Lebanon’s economic crisis endures, as does the EU’s ‘fear’ of refugees

Analysts question whether EU grants to Lebanon have anything to do with getting its economy out of the hole it is in.


Spring EQ Home Equity Review 2024: Fast Funding and Access to Up to 95% of Your Home’s Equity

Spring EQ Home Equity See Offers Vault Verified Expert Take Spring EQ allows well-qualified borrowers to access up to 95% of their home equity, with a maximum loan amount of $500,000. Yet...


Boeing’s Crewed Starliner Launch Is Delayed Again Over Leak

Boeing Co.’s first crewed spaceflight using its Starliner craft has been delayed for a third time this month due to repairs on a helium leak on the vehicle.


Argentina’s Milei Plans to Meet With Zuckerberg at End of May

Argentine President Javier Milei is planning to meet with Meta Platforms Inc. CEO Mark Zuckerberg and other leaders of tech giants in Silicon Valley at the end of May, people with direct knowledge said.


'Less hawkish': BSP says rate cut possible in August

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday decided to keep policy rates for the fifth straight meeting but hinted at the possibility of easing rates as early as August as inflation is now expected to come in slower than earlier anticipated. In a briefing on Thursday, BSP Governor Eli Remolona Jr. said the Monetary Board kept the target reverse repurchase (RRP) rate at 6.5%, the overnight deposit rate at 6.0%, and the...


Burberry’s Endless Luxury Turnaround Is a Very British Problem

Just about every chief executive who has run Burberry Group Plc has characterized the maker of the pricey trench coats with checked linings as the best of British luxury.


DOF mulls selling gov't stake in SCTEX to SSS, GSIS

Finance Secretary Ralph Recto has raised the possibility of the Social Security System (SSS) and Government Service Insurance System (GSIS) buying out the government's stake in the Subic-Clark-Tarlac Expressway (SCTEX) to boost the pension funds’ investment portfolio. Recto made the disclosure a week after the Bases Conversion and Development Authority (BCDA) said it was considering selling its remaining stake in the SCTEX to the MVP Group, led...


How to Get Pre-Approved for a Mortgage

Vault’s Viewpoint Mortgage pre-approval is a key step in taking out a home loan. The mortgage pre-approval process typically involves a credit check. Obtaining pre-approval does not guarantee you’ll receive final approval for a mortgage. What Is Mortgage Pre-Approval? A mortgage pre-approval indicates that a lender has tentatively ...


PAGCOR: Philippines gaming revenues hit P81.7B in Q1, up 18.5%

The country’s gaming sector saw double-digit growth in the first quarter of 2024, the Philippine Amusement and Gaming Corporation (PAGCOR) said Wednesday. In a news release, PAGCOR said the industry’s gross gaming revenues (GGR) stood at P81.70 billion in the January to March period, up 18.54% from P68.92 billion in the same period last year. The state-run gaming firm and industry regulator called the latest GGR print “another new record.”...


Europe’s Aging Population Is a Money Magnet for Some Investors

Europe’s shrinking population has long raised concerns about its economic prospects. Governments are seriously worried about it. Elon Musk has raised alarm about the trend. But for some, it’s turning into big business.


Corinthia Files Motion to Dismiss Barings Lawsuit Over Poaching Staff

Corinthia Global Management, the upstart private credit manager that poached more than 20 employees from Barings in March, has asked a judge to dismiss the asset manager’s lawsuit against it.


8 Best Money-Making Apps of May 2024

Best Money-Making Apps of 2024 What Is a Money-Making App? A money-making app is typically considered to be an app that helps one make and earn more money, or save money. Either way, a good money-making app will help keep more money in your bank account. Are Money-Making Apps Useful? Money-making apps are like any […] The post 8 Best Money-Making Apps of May 2024 first appeared on Newsweek Vault.


PSA: Foreign investment commitments down 63.6% in Q1 2024

The amount of foreign investment pledges secured by the Philippines saw a double-digit decline in the first quarter of 2024, the Philippine Statistics Authority (PSA) reported. Data released by the PSA on Thursday showed that approved foreign investment commitments booked by the country's investment promotion agencies reached P148.43 billion during the January to March period. This was lower by 63.6% from P408.22 billion in foreign investment...


For decades, states have taken foster children's federal benefits. That's starting to change

JEFFERSON CITY, Mo. (AP) — By the time Jesse Fernandez turned 18, the federal government had paid out thousands of dollars in Social Security survivor's benefits because of the death of his mother. But Jesse's bank account was empty. The money had all been used by Missouri's foster care system or relatives responsible for his care. “I was shocked,” said Jason White, a foster parent to Fernandez. “Those dollars are a big deal," he continued. “Had...


Uruguay’s First IPO Under New Rules Set for June With Tech Firm

Uruguay’s first initial public offering under streamlined regulations introduced two years ago is expected to launch in late June, testing investor appetite for the South American country’s tech sector.


Dog Food Recall Sparks Warning For Pet Owners

The voluntary recall was issued on Friday by Mars Petcare US to four states at select Walmart locations.


Judge Clears Way for Final Bids on Citgo in Setback to PDVSA

A judge cleared the way for final offers for Citgo Petroleum Corp.’s US parent, denying objections from Venezuela’s state-owned oil company to the bidding process for the oil refiner’s court-ordered sale.


Federal Reserve Chair Jerome Powell working from home after testing positive for COVID-19

Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. "Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home,” a Fed spokesperson said. Powell was a participant in a panel discussion in Amsterdam on Tuesday, where he said that the central bank is unlikely to raise its key interest rate in response...


A former OpenAI leader says safety has 'taken a backseat to shiny products' at the AI company

A former OpenAI leader who resigned from the company earlier this week said Friday that safety has “taken a backseat to shiny products” at the influential artificial intelligence company. Jan Leike, who ran OpenAI's “Superalignment” team alongside a company co-founder who also resigned this week, wrote in a series of posts on the social media platform X that he joined the San Francisco-based company because he thought it would be the best place...


Telefonica, H.I.G. Among Suitors for Spain’s Avatel

Telefonica SA and H.I.G. Capital are among the suitors weighing bids for Avatel Telecom SL, the Spanish carrier that put itself up for sale this year, people with knowledge of the matter said.


Mixed movements in fuel prices seen next week

Motorists should expect mixed movements in the pump prices of petroleum products in the coming week. Citing oil trading in the past four days, Department of Energy-Oil Industry Management Bureau Director III Rodela Romero said the following are the estimated adjustments in the pump prices for May 21 to 27: Gasoline - rollback of P0.20 to P0.45 per liter Diesel - increase of P0.20 to rollback of P0.10 per liter Kerosene - increase of P0.10 to...


BOI: PH investment efforts generated P2.3T so far under Marcos admin

The Board of Investments (BOI) on Saturday reported that the current administration has already produced P2.368 trillion of generated investments, a figure which includes the outcomes of the foreign trips of President Ferdinand "Bongbong" Marcos Jr. The BOI's statement comes two days after the Philippine Statistics Authority (PSA) reported that foreign investment pledges plunged more than 63.6% from January to March compared to the same period...


Chicago Tribune staffers' unequal pay lawsuit claims race and sex discrimination

CHICAGO (AP) — The Chicago Tribune is being sued by some of its staffers, who say they and other women and Black journalists are being paid less than their white male counterparts. The complaint filed Thursday in federal court in Chicago also names Tribune Publishing Co. and Alden Global Capital, which took control of the Tribune in 2021. Attorneys for the seven plaintiffs want class-action status, a jury trial and a permanent injunction against...


Seven Filipinos in Forbes '30 Under 30' Asia Class of 2024

Seven individuals from the Philippines were included in the Forbes "30 Under 30" Class of 2024, which features 300 young entrepreneurs, leaders, and trailblazers across the Asia-Pacific region under the age of 30. The listees were chosen from over 4,000 candidates who were then evaluated by the Forbes Asia team and a panel of independent judges on factors such as funding and revenue, social impact, scale, inventiveness, and potential. "The world...


Higher US food prices lead to a shift in shopping habits

"I don't really shop for groceries as often as I used to," said Jasmine Reed, 32, outside a store in northern Virginia, as she explained the impact of higher food prices on her shopping habits. Outside a grocery store in Falls Church, Virginia, on Friday, shoppers told AFP they had noticed an increase in the cost of everyday items in recent years -- causing some to change their buying habits.


China's Moves Away From US Dollar Hit New Milestone

China continues to offload U.S. treasuries while buying up gold and other commodities in what some analysts say is a move to hedge against future reprisals.


Rebel Gildan Executives Push for Board Change, Return of Ex-CEO Chamandy

Some executives of clothing maker Gildan Activewear Inc. are urging investors to support an activist shareholder that’s trying to win control of the board and reinstate fired Chief Executive Officer Glenn Chamandy.


Military spending pushes Russian economic growth up

Russia's economy grew 5.4 percent in the first quarter of 2024, official statistics published Friday showed, as President Vladimir Putin denied military spending on his Ukraine offensive was reaching unsustainable levels. On a state visit to China, Putin denied that Russia's vast military spending -- which he said had passed eight percent of GDP -- had hit unsustainable levels.


Marcos brings back state crop insurer to DA

President Ferdinand Marcos Jr. has issued an executive order transferring the Philippine Crop Insurance Corp. (PCIC) back to the Department of Agriculture (DA). To recall, in September 2021, then-President Rodrigo Duterte transferred the PCIC under the supervision of the Department of Finance (DOF) in order to effectively perform its mandate of providing insurance protection to farmers. Nearly three years later, Marcos signed Executive Order No....


Ayala unloads remaining Manila Water stakes to Razon for P14.5 billion

Conglomerate Ayala Corporation is divesting all its remaining stakes in east zone concessionaire Manila Water Company Inc. to ports and casino magnate Enrique Razon Jr. for P14.5 billion. In a Friday Philippine Stock Exchange (PSE) disclosure, Ayala said its wholly owned subsidiary, Michigan Holdings Inc., executed special block sales covering Michigan’s 577,997,467 common shares in Manila Water with Razon’s Trident Water Company Holdings Inc....


What would Lisa Simpson do? NYU student protesters asked to ponder ethical issues

NEW YORK (AP) — Would Lisa Simpson set up a tent at New York University to protest the war in Gaza? How would Principal Skinner respond if she did? Hard to say, but some NYU students facing discipline for their actions during this spring's pro-Palestinian protests have been assigned a 49-page workbook that includes a “Simpsons”-based module on ethical decision-making. Some have been asked to write an apologetic “reflection paper” and submit it...


San Miguel profit falls 50% in Q1 on forex losses

Diversified conglomerate San Miguel Corporation (SMC) saw a double-digit decline in its bottom line in the first quarter of 2024 on account of foreign exchange adjustments. In a disclosure to the Philippine Stock Exchange on Thursday, SMC reported a consolidated net income of P8.887 billion for the January to March period, down 50% from P17.739 billion in the same period last year. The company attributed the earnings decline to “loss on foreign...


Earth to Big Oil: China and the U.S. Inhabit the Same Warming Planet | Opinion

Climate change is an existential crisis for the United States. It poses one of the gravest threats to our national security.


Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes after a door plug blew off a Boeing 737 Max jetliner in January. Calhoun said the company is finishing a 90-day plan for fixing its manufacturing problems — a report the Federal Aviation Administration demanded after the door-plug blowout. The CEO...


Thousands of Businesses Warn They're At Risk of Closing

Nearly half of the 80,000 small businesses surveyed said they "definitely" or "probably" will not survive another four years with Biden.


Century Properties net income up 35% in Q1

Antonio-led real estate developer Century Properties Group Inc. on Thursday reported a 35% increase in its first-quarter bottom line, which it attributed to revenue growth buoyed by its affordable residential unit. In a regulatory filing, Century Properties said its consolidated net income after tax (NIAT) climbed to P410 million in the first quarter from P302 million the same period in 2023, as revenues increased by 7% to P3.6 billion from P3.3...


Medicare Advantage Plans Are About to Change

CVS Health made the decision to cut the Aetna health insurance plans in an effort to prioritize profit margins.