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Shares are mostly higher in Asia after Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy BANGKOK -- Shares were mostly higher in Asia on Monday after Wall Street got back to climbing following more encouraging profit reports and the latest signal that i NFL ation is loosening its chokehold on the economy. Sentiment also has been boosted by revived hopes for more stimulus from Beijing for the sluggish Chinese economy. Chinese factory activity contracted in July as export orders shrank, a survey showed, adding to pressure on the ruling Communist Party to reverse an economic slowdown. A purchasing managers’ index issued by the national statistics agency and an industry group improved to 49.3 from June’s 49 on a 100-point scale but was below the 50-point level that shows activity contracting. “The PMI surveys suggest that China’s economic recovery continued to lose momentum in July,” J

Pittsburgh Pirates (46-58) vs Philadelphia Phillies (56-48) Game Info: Sunday, July 30, 2023 at 1:35 pm (PNC Park) Rich Hill (7-10) (4.82) vs Cristopher Sanchez (0-3) (2.98)

After years of financial struggles, U.S. trucker Yellow Corp. is reportedly preparing for bankruptcy and seeing customers leave in large numbers NEW YORK -- The fate of U.S. trucking company Yellow Corp. isn't looking good. After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers — heightening risk for future liquidation. While no official decision has been announced by the company, the prospect of bankruptcy has renewed attention around Yellow's ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time. Yellow, formerly known as YRC Worldwide Inc., is one of the nation's largest less-than-truckload carriers. The Nashville, Tennessee-based company has some 30,000 employees across the country. Here's what you need to know. IS YELLOW FILING FOR BANKRUPTCY? Not yet. But industry experts suspect that a bankruptcy f

An 11-year-old Florida girl was arrested after falsely texting authorities that her friend was kidnapped by an armed man. She later confessed the prank was part of a YouTube challenge . The girl texted 911 Wednesday morning to say her friend , 14, was abducted by “an armed male driving a white van on South I-95 in Oak Hill,” the Volusia Sheriff’s Office said in a news release. The girl said she was following the van in a blue Jeep. NBC News is not identifying the 11-year-old because she is a minor. Watch the latest News on Channel 7 or stream for free on 7plus >> A dispatcher to the sheriff’s communication advised the sheriff’s office at 9.45am of a “suspicious incident reported by text message”. The 11-year-old then texted updates for the next hour and a half — describing the male suspect and saying he had a gun. Source: https://thefoxposts.com/florida-girl-arrested-after-friend-s-kidnapping-exposed-as-youtube-challenge-prank-TheFOXposts-31400.html?utm_source=blogger_sour

After several months of forecast a recession, the Fed staff now says there are signs of improvement, U.S. Federal Reserve Chair Jerome Powell said. U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a recession for the U.S., and there is a chance inflation could return to target without high job losses. In April, the Federal Reserve staff expected the regional bank crisis to tip the economy into recession, according to a Fed minutes release. Powell indicated during his news conference with reporters that the spring prediction may not be the case. Federal Reserve Chair Jerome Powell speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building following a Federal Open Market Committee meeting, July 26, 2023 in, Washington. Nathan Howard/AP "The staff now has a noticeable slowdown in growth starting later this year in the forecast , but given the resilience of the economy recently, they are

An unexplained outage at Chase Bank has led to interruptions for users of the Zelle payment network, who took to social media to complain An unexplained outage at Chase Bank has led to interruptions for users of the Zelle payment network , who took to social media to complain. Zelle said on Twitter that its network is functioning normally and pointed a finger at Chase, saying the bank was experiencing trouble with payment processing. “The rest of the Zelle network is up and running,” it tweeted. “Chase is one of our partner banks, and as such, is in full control of the Zelle feature in their app.” Chase issued a statement noting that it's “working to restore full service to account transfers, Zelle payments and bill payments,” but offered no details regarding the cause of the service outage or its expected duration. According to DownDetector, a site that collects user outage reports, both services have experienced service problems since about 10 a.m. Eastern Time. The problem

Wrexham and Manchester United go head to head in what might be considered a surprising summer friendly until you remember that the Welsh side, recently promoted to the fourth tier of England's league ladder, are co-owned by Ryan Reynolds and Rob McElhenney. The Red Dragons have already faced Chelsea since Travel ling to the United States earlier this month. Although that Game ended in a heavy 5-0 defeat, they have since dished out a 4-0 win of their own on LA Galaxy's reserve team. United, meanwhile, are doing well in their preparations for the new campaign, having so far racked up wins over Leeds, Lyon and Arsenal. However, with a much bigger game against Real Madrid in a completely different part of the country the next day, it won't be a squad of senior stars. "Manchester United will dominate possession as they are a fantastic team. Even if they won't be playing their main team, their periphery players are outstanding and are internationals," Wrexham boss

“Barbenheimer” didn’t just work – it spun box office gold “ Barbenheimer ” didn’t just work – it spun box office gold. The social media-fueled fusion of Greta Gerwig’s “ Barbie ” and Christopher Nolan’s “ Oppenheimer ” brought moviegoers back to the theaters in record numbers this weekend, vastly outperforming projections and giving a glimmer of hope to the lagging exhibition business, amid the sobering backdrop of strikes. Warner Bros.’ “Barbie” claimed the top spot with a massive $155 million in ticket sales from North American theaters from 4,243 locations, surpassing “The Super Mario Bros. Movie” (as well as every Marvel movie this year) as the biggest opening of the year and breaking the first weekend record for a film directed by a woman. Universal’s “Oppenheimer" also soared past expectations, taking in $80.5 million from 3,610 theaters in the U.S. and Canada, marking Nolan’s biggest non-Batman debut and one of the best-ever starts for an R-rated biographical drama. It’s al

Texas GOP Gov. Greg Abbott dismissed the threat of legal action. The Justice Department on Friday warned Texas GOP Gov. Greg Abbott that his administration's use of ballards -- or buoys -- in the Rio Grande to stop migrant s could bring legal action. "The State of Texas's actions violate federal law, raise humanitarian concerns, present serious risks to public safety and the environment, and may interfere with the federal government's ability to carry out its official duties," the letter obtained by ABC News says. Migrants who crossed the Rio Grande from Mexico walk past large buoys being deployed as a border barrier on the river in Eagle Pass, Texas, July 12, 2023. Eric Gay/AP MORE: Texas DPS launches probe amid allegations troopers were told to push back migrant children into Rio Grande Earlier this week, Abbott had ballards installed in the river in an effort to deter migrant s from crossing. "Texas's unauthorized construction of the floating barrier

Generative AI, like ChatGPT, promises progress but poses dangers, experts said. When Justin Harrison suffered a nasty bout of strep throat two weeks ago, he said he received a barrage of text messages from his mom urging him to take better care of himself -- even though his mom is dead. Harrison, who founded an AI company called You, Only Virtual in 2020 that creates chatbots modeled after deceased loved ones, was getting reprimanded by a digital version of his mom in the same way its real-life counterpart would have done so. "I've got a virtual mom talking to me ad nauseam about more rest, asking why I'm not hydrating," Harrison, 40, told ABC News. "I was getting yelled at." Harrison, who has communicated with the digital reproduction of his mom on a daily basis since she died in October at age 61, believes AI-driven chatbots will redefine how some deal with grief. This illustration shows a humanoid robot touching touching data on a screen. Yuichiro Chino/G