BusinessEconomy ‘Plagiarism machines’: Hollywood writers and studios battle over the future of AI The Cheap InvestorMay 3, 2023May 3, 20230 By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Hollywood writers have for decades penned sci-fi scripts featuring machines taking…
BusinessTechnology Google wins US patent trial over data-retrieval technology The Cheap InvestorMay 3, 2023May 3, 20230 By Blake Brittain (Reuters) – Alphabet’s Google LLC won a jury trial on Tuesday in a long-running patent lawsuit in…
BusinessEconomy Fed’s Powell: don’t assume Fed can shield U.S. economy from debt limit default The Cheap InvestorMay 3, 2023May 3, 20230 By David Lawder WASHINGTON (Reuters) -The U.S. Federal Reserve is unlikely to be able to protect the U.S. economy from…
BusinessEconomy US regional bank stocks draw bearish options bets despite bounce The Cheap InvestorMay 3, 2023May 3, 20230 By Laura Matthews and Saqib Iqbal Ahmed NEW YORK (Reuters) – The cost of insuring against further losses in regional…
BusinessEconomy US rate futures price in Fed pause in June, July; see September cut The Cheap InvestorMay 3, 2023May 3, 20230 NEW YORK (Reuters) – U.S. interest rate futures on Wednesday have priced in a pause in Federal Reserve tightening at…
BusinessEconomy Goldman Sachs names Kim Posnett as global TMT head The Cheap InvestorMay 3, 2023May 3, 20230 By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) – Goldman Sachs Group Inc has named Kim Posnett as the…
BusinessEconomy Instant View: Fed hikes another 25 basis points, hints it may be the last increase The Cheap InvestorMay 3, 2023May 3, 20230 NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and…
BusinessTechnology FTC proposes ban on Meta profiting from minors’ data The Cheap InvestorMay 3, 2023May 3, 20230 WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Meta’s Facebook of misleading parents about protections for children…
BusinessUS Ford hits production issue on F-150 trucks due to missing door handles – source The Cheap InvestorMay 3, 2023May 3, 20230 (Reuters) – Ford Motor Co is facing another production snag building its popular F-150 pickup trucks due to missing door…
BusinessEurope U.S. military aid for Ukraine includes air-launched rockets The Cheap InvestorMay 3, 2023May 3, 20230 WASHINGTON (Reuters) – The United States said Wednesday it would send a new military aid package for Ukraine worth $300…