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Monthly Archives: April 2023

Sony backs Raspberry Pi with fresh funding, access to A.I. chips

A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images The company behind the Raspberry Pi line of computers has raised fresh investment from Sony’s semiconductor unit, in a deal aimed at advancing its efforts in artificial intelligence. Sony Semiconductor Solutions, a …

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Bitcoin halving is one year away. That could suggest another bull run

The bitcoin halving is an event that happens roughly every four years where rewards to miners are cut in halve, effectively limiting supply of the token. S3studio | Getty Images Bitcoin is nearly a year away from a key technical event — which might be the catalyst for a prolonged …

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Banking turmoil was not a crisis but ‘the downside risks are real,’ IIF boss warns

Tim Adams Anjali Sundaram | CNBC The banking sector turmoil that led to the collapse of several lenders was not a systemic crisis and has now subsided, according to Tim Adams, CEO of the Institute of International Finance. The fall of Silicon Valley Bank in early March — the largest …

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Emmanuel Macron’s pension reform is supporting Marine Le Pen

French President Emmanuel Macron. Ludovic Marin | Afp | Getty Images President Emmanuel Macron’s controversial pension overhaul, pushed through by overriding the country’s parliament, could eventually erase what the French leader has been working for over the last six years, political analysts told CNBC. Macron has placed himself as a …

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Signs of recovery in China’s hotpot, bubble tea, luxury sectors

Chinese residents wearing raincoats and enjoying hotpot as thousands of people gather at a hotpot festival in southwest China’s Chongqing municipality on Oct. 31, 2009. STR | Afp | Getty Images Signs of recovery may be emerging in China’s luxury and consumer discretionary goods sectors, said an analyst from Bank …

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Playing at LSU is more lucrative than the WNBA

NCAA basketball champion Angel Reese isn’t fast-tracking her college career, even if she had the option to go pro. The Louisiana State University sophomore, who won’t be WNBA draft-eligible until next year, says she’s enjoying her time in the NCAA. “I’m in no rush to go to the league,” Reese, …

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The Fed needs two industries to suffer to beat inflation

It’s going to be tough for the Federal Reserve to beat inflation without declines in the auto and housing industries, CNBC’s Jim Cramer said on Tuesday. When the Fed raises interest rates, investors typically expect the housing, auto and retail industries to suffer. But that hasn’t been the case during …

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The best time to ask for a raise, from an ex-Meta, Microsoft recruiter

People usually think the best times to negotiate your pay are when you’re interviewing for a new job or at your year-end performance review, but they’re not the only acceptable checkpoints to bring up compensation with your manager. Even some HR experts say they wish they’d known this sooner, including …

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Fed rate hikes will end next month: Former PIMCO economist McCulley

Wall Street is wrong about the Federal Reserve’s interest rate path, according to former PIMCO chief economist Paul McCulley, Barring a surprise jump in inflation, he believes mounting economic pressures will convince the Fed to stop hiking interest rates next month. “It would be a pause and then a pivot …

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How much students earn after attending Ivy League schools

There are plenty of reasons to attend an Ivy League institution if you’re one of the lucky students to be admitted. The eight famed colleges consistently earn top honors on various rankings, based on factors like academics and career outcomes.  Attending an Ivy may also help you earn a high …

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