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Sales growth at small and medium-sized businesses slowed in June as consumer spending slowed.by By Mae Anderson AP Business NewsJuly 16, 2024 11:52 AM EST• 2 min readSales growth at small and medium-sized businesses slowed in June as consumers paused spending.That’s according to new data from financial services and payments provider Fiserv.Rising prices for food and other necessities and high interest rates are putting a strain on consumers’ wallets, leading them to cut back on spending. The Commerce Department said Tuesday that sales at retailers of all sizes were flat in June from May.Nationwide, the seasonally adjusted Fiserv Small Business…
New England Patriots wide receiver Kayshon Boutte is no longer an accused sports betting offender. ESPN’s Mike Reiss reported that Louisiana prosecutors dropped computer fraud and prohibited gambling charges filed against Boutte in January. A defendant convicted of the computer fraud charge could face up to five years in prison. Boutte, a former Louisiana State University star, is 20 years old and is alleged to have engaged in conduct that is legal in states with large Patriots fanbases, such as New Hampshire and Rhode Island, but not in Louisiana, where the minimum age for gambling is 21. Boutte is also…
Travel content creator Kwak Jun-bin (left), known for his YouTube channel “KwakTube,” speaks during a ceremony marking the 23rd anniversary of the opening of Incheon International Airport at Incheon International Airport’s Terminal 1 on March 29. Kwak and Park Jae-han (right), known for his YouTube channel “Pani Bottle,” were appointed honorary ambassadors for South Korea’s flagship airport. Photo by The Korea Times/Shim Hyun-cheolBaek Byung-yeolAs the lines between online and traditional media become blurred, popular YouTubers are moving into television, changing the dynamics of media.Influential YouTubers with large subscriber bases, such as Kwak Jun-bin of the YouTube channel “KwakTube,” have landed…
Listen to the article 4 minutes This audio is automatically generated, if you have any feedback please let us know. New guidance from the U.S. Department of Education Department of Education and Technology It outlines a “shared responsibility” mentality to help ed tech providers build trust with school district leaders as they integrate artificial intelligence into their products and platforms. This means education technology providers need to proactively manage risks from rapidly evolving technology, the ministry said. In guidance issued on July 8, the Department for Education outlined eight “categories of risk” regarding the use of AI in schools. “Race…
In some ways, the U.S. men’s basketball team’s quest for an Olympic gold medal is a race against time.For the NBA stars who play international basketball in the red, white and blue, the FIBA rules are so different that they have to make some serious adjustments to how they play. Because they’re unfamiliar with the rules (even the most experienced international players on the U.S. national team have far fewer practice sessions than their European counterparts), they’re constantly practicing from the moment the summer begins.In any tournament, the game within the game is whether the most talented teams can make…
Listen to the article 3 minutes This audio is automatically generated, if you have any feedback please let us know. Dive Overview: a A subsidiary of LS Cable & System in South Korea would spend The company announced that it has invested more than $680 million to build a high-voltage direct current submarine cable manufacturing facility in Chesapeake, Virginia. July 9 Press Release. LS GreenLink USA’s 750,000-square-foot facility will create more than 330 jobs with an average annual salary of approximately $76,000, the company said. Chesapeake Economic Development Release. The Chesapeake facility will meet demand for undersea power cables used…
Oil prices fell more than 1% on Tuesday as traders assessed disappointing economic growth data from China.West Texas Intermediate (CL=F) fell more than 1.5% to trade near $80 a barrel, while Brent crude (BZ=F) fell more than 1% to trade just above $80 a barrel.”Disappointing support from the Chinese government, weak fuel demand has led many Chinese refineries to cut production and weak economic data continues to flow from China,” Dennis Kistler, senior vice president at BOK Financial, said in a Tuesday note.China’s economy grew 4.7% in the second quarter, below analysts’ forecasts of 5.1% GDP growth.Oil prices fell despite…
Getty Images On the left is Elon Musk and on the right is former President Donald Trump. new york CNN — At first glance, Elon Musk and Donald Trump don’t seem like natural allies. One side has made reducing greenhouse gas emissions a major business selling point, while the other side questions the very need to reduce emissions and condemns most clean energy as unnecessary at best and destructive at worst. One wants to move away from fossil fuels and switch every car sold worldwide to electric vehicles, while the other believes that EVs would be an economic disaster for…
Tuesday’s Legislative Assembly proceedings witnessed a fierce war of words between the Treasury and opposition lawmakers as the BJP and JD(S) continued their spat over the alleged scam in the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation (KMVSTDC).There were multiple disruptions in the Assembly in the afternoon as BJP leaders alleged that funds leaked from KMVSTDC were used to fund the recently concluded Lok Sabha elections. B.Y. Vijayendra, state president of the Bharatiya Janata Party and Shikaripura MP, was one of the first to suggest that the ruling BJP had misused election funds. He said that “funds (from KMVSTDC) were…
Following the horrific assassination attempt on former President Donald Trump, President Biden spoke eloquently on Sunday about the need to de-escalate tensions, renounce violence, and engage in peaceful political debate. “There is no place for this kind of violence in America,” he told his audience. “We cannot allow this kind of violence to become normalized. … Now is the time to calm down, and we all have a responsibility to do so.” Still, President Biden stressed the need for vigorous debate.His warning may have been aimed at politicians and voters, but the media should pay close attention as well. The…