Business

China manufacturing activity shrinks for fifth straight month in August  Reuters China’s factory activity contracts in August despite extension of trade truce with US  AP News China Factory Activity Slump Continues Despite Tariff Relief  Bloomberg.com China manufacturing shrinks again in August amid US trade uncertainty  CNA China still waiting for factory activity lift-off as US wields new tech curbs  South China Morning Post Source link

Brands caught using AI have continued to face backlash from consumers. Last month, Guess sparked outcry online when it featured an AI-generated model in an advertisement that appeared in Vogue. So even outside of any obvious mistakes made by AI tools, some artists say their clients simply want a human touch to distinguish themselves from the growing pool of AI-generated …

Meta is changing some of the rules governing its chatbots two weeks after a Reuters investigation revealed disturbing ways in which they could, potentially, interact with minors. Now the company has told TechCrunch that its chatbots are being trained not to engage in conversations with minors around self-harm, suicide, or disordered eating, and to avoid inappropriate romantic banter. These changes …

Labor Day weekend brings some of the best sales of the season. Not only is the long weekend celebrated by almost every retailer on the internet, but it’s also conveniently timed with the changing of the seasons. So, it’s the perfect excuse to refresh your cool-weather wardrobe, prep for fall trips, and stock up on camping gear. Amazon is getting …

Topline The Powerball jackpot jumped to an estimated $1.1 billion for a Labor Day drawing, this year’s largest lottery prize and Powerball’s fifth-largest ever, though a lucky winner—facing astronomical one-in-292.2 million odds—could take home significantly less of that amount after paying required taxes. The prize is the largest lottery jackpot this year and Powerball’s fifth-largest ever. Getty Images Key Facts …

Throughout her life, Accenture CEO Julie Sweet hasn’t been afraid to throw out the playbook, and, in the age of AI, both she and her Fortune 500 clients are in the middle of another reinvention. Going into her freshman year at Claremont McKenna College, Sweet, who grew up in a middle class Tustin, Calif. family, decided to study international relations …

‘Easier to Pump’: Crypto Coin Backed by Trumps Opens for Trading  Bloomberg.com WLFI Token Launch: How To Trade, Unlock and Navigate the First Listings  CCN.com A Surprise New $40 Billion Trump Crypto Is Suddenly Hitting The Market As Bitcoin Predicted To Top $1 Million Price  Forbes World Liberty perpetuals’ debut implies $40 billion FDV ahead of first unlock on Sept. 1  The Block World …

DES MOINES, Iowa — Powerball players will get another chance Monday at a jackpot estimated at over $1 billion, after no one won the big prize Saturday night. No one has matched all six numbers since May 31, allowing the jackpot to swell to $1.1 billion, which would be the fifth-largest prize in the game’s history. Payments would be spread …

WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades. The consequences could impact most Americans’ everyday lives: Economists worry that if Trump gets what he wants — a loyal Fed …

Services are where two-thirds of consumer spending goes. And that’s where inflation is. But it’s no longer in rents. By Wolf Richter for WOLF STREET. The core services PCE Price Index, which excludes energy services, accelerated to +0.36% (+4.4% annualized) in July from June, the third month in a row of acceleration. The increase was driven by non-housing services; rents continued to decelerate. …