Supermarket competition in the UK has led to the first monthly drop in food prices in over two years, with prices down 0.1% in September, according to the British Retail Consortium (BRC). The BRC also reported that grocery inflation fell to 9.9% in September, down from 11.5% in August, while overall shop price inflation decreased to 6.2%. Although prices are still rising, the rate of inflation is slowing, providing some relief for households. However, the BRC warned of potential risks such as high interest rates, climbing oil prices, and supply chain disruption.
The Russian ruble weakens beyond 100 to the US dollar as foreign currency outflows and a shrinking balance of trade continue to impact the currency amid Western sanctions and the war against Ukraine.
Wall Street stocks fell at the open as rising Treasury yields and hawkish comments from Fed policymakers dampened investor optimism about a potential interest-rate cut.
Krispy Kreme is considering selling its majority stake in Insomnia Cookies in order to refocus on its core doughnut business.
Gold and silver prices continue to drop due to a strong US dollar and rising US Treasury yields, with December gold futures reaching a 10-month low and December silver futures hitting a 6.5-month low.
Tesla has introduced a cheaper rear-wheel drive Model Y option in the US, priced at $43,990 before tax credits, making it the most affordable Model Y EV available, and it is speculated that the vehicle utilizes lithium-iron phosphate batteries which are more cost-effective but offer a slightly reduced range compared to the discontinued All Wheel Drive model.
Nintendo president Shuntaro Furukawa has confirmed that the company will continue to release new games for the aging Switch console until at least the end of March 2025, despite plans to launch a next-generation console in 2024.
Pharmaceutical company Eli Lilly is set to acquire Point Biopharma, causing the cancer-treatment stock to surge by 84%.
Bloomberg Economics warns that a recession is likely to hit the US soon, citing factors such as the ongoing autoworkers strike, the return of student loan repayments, and the potential government shutdown after the short-term spending bill expires in November.
Chipotle is testing an automated digital assembly line, in partnership with Hyphen, to fulfill digital orders for burrito bowls and salads, but still emphasizes the importance of human crew members in the operation.
TikTok is testing a monthly subscription service that offers an ad-free experience, but it is currently only available in one market outside of the U.S. and may not be expanded further.
The National Highway Traffic Safety Administration (NHTSA) is expanding its investigation into Ford trucks and SUVs built with a faulty valve that could lead to engine failures, covering a total of 708,000 vehicles from model years 2021 and 2022.
A new exhibit at the Musée d'Orsay in Paris features a virtual AI avatar of Vincent van Gogh that provides insights into the artist's life and work based on analysis of his letters, including addressing his suicide and the myth of the severed ear.
A Taco Bell employee in North Carolina was shot by a customer over a dispute about incorrect change, resulting in life-threatening injuries for the employee.
Chinese EV giant BYD, backed by Warren Buffett's Berkshire Hathaway, could potentially overtake Tesla as the top-selling electric car brand after Tesla's disappointing Q3 deliveries.
Microsoft has rolled out Copilot, a generative AI tool, to all Windows 11 users, allowing them to chat and interact with the AI assistant for various tasks and functions, although it is still in the early stages and limited in its capabilities.
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Amazon is offering early Prime Day deals on their Echo devices, allowing customers to save money by bundling them with smart bulbs or smart plugs.
The original Apple Watch Edition models, which were priced between $10,000 and $17,000, have been deemed "obsolete" by Apple and are no longer supported, leaving them as mere pieces of gold rather than functional timekeepers.
The latest hotfix for Baldur’s Gate 3 includes minor fixes and changes, such as reverting the appearance of the beloved cat character, His Majesty, back to its original form.
"Going Infinite" by Michael Lewis provides a detailed account of Sam Bankman-Fried's rise and fall as the founder of FTX, without definitively answering the question of his guilt but presenting a depiction of Bankman-Fried as delusional and callous, alongside skepticism towards his critics.
U.S. job openings unexpectedly increased in August, suggesting a tight labor market that could prompt the Federal Reserve to raise interest rates next month.
The upcoming Pixel Watch 2 is expected to have automatic workout tracking, a feature that was missing from the original Pixel Watch. Additionally, new features including conversation tracking will be introduced in the Pixel Buds Pro.
Despite the ongoing strike by the United Auto Workers union, General Motors reported a significant increase in third-quarter U.S. new vehicle sales, outpacing industry expectations, but potential sales and supply chain issues may arise if the strike continues or expands.
Netflix is planning to raise the price of its ad-free service after the Hollywood actors' strike ends, likely starting with the United States and Canada, according to the Wall Street Journal.
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Apple has moved the Series 0 Apple Watch to the "obsolete" category, meaning that owners will no longer be able to receive any kind of service for their eight-year-old devices.
Food prices in the UK dropped in September for the first time in almost two years, providing some relief to consumers amid the cost of living crisis, as a result of price reductions for dairy, margarine, fish, and vegetables and fierce competition among supermarkets, although overall food prices are still higher than a year ago.
Apple has acknowledged that the new iPhone 15 and 15 Pro can become hot due to background activity, an iOS 17 bug, and third-party apps, but stated that the issue is not related to the titanium body or the new A1 Pro chip.
A judge has ruled that four Tesla drivers who sued the company over its "self-driving" claims will have to pursue arbitration instead of a class action lawsuit.
Crypto analyst predicts Bitcoin (BTC) could reach $89,000 by 2025, with a "max upside" of $142,000, depending on factors such as on-chain supply, the approval of spot BTC ETFs, and overall adoption of the cryptocurrency.
The International Longshore and Warehouse Union (ILWU) representing U.S. dockworkers on the West Coast has filed for bankruptcy protection due to a pending lawsuit over work slowdowns and stoppages, with the union facing potential damages in the range of $48 million to $142 million.
Rep. Matt Gaetz has made a motion to vacate the chair on the House floor, in an attempt to oust Speaker Kevin McCarthy, posing a serious threat to McCarthy's speakership.
Ubisoft has released a seven-minute promotional video highlighting the stealth gameplay and features of Assassin's Creed Mirage, emphasizing its departure from the open world RPG format of recent titles in the series.
The Biden administration plans to update rules restricting the shipment of AI chips and chipmaking tools to China in order to stabilize relations between the two countries, with the announcement expected as early as October.
An artificial intelligence rendering of Dutch artist Vincent van Gogh is displayed on a video screen at the "Van Gogh in Auvers-sur-Oise, last months" exhibition at the Musee d'Orsay.
Elon Musk faces backlash for mocking Ukrainian President Zelensky's requests for foreign aid amidst Russia's invasion.
The US government has issued its first-ever penalty against a company for failing to bring an aging satellite to a safe orbit, with Dish Network agreeing to pay a $150,000 fine in a settlement with the Federal Communications Commission.
EA Sports faces the daunting task of rebranding the FIFA computer game, which has become more associated with the video game than the governing body of football, as it splits from FIFA and renames the game "FC 24," aiming to become a football platform built off a video game.
Jury selection has started in the fraud trial of FTX founder Sam Bankman-Fried, who is accused of defrauding thousands of people and using their money for personal use, including risky trades and political contributions.
The International Monetary Fund (IMF) will review Pakistan's economic performance and discuss reforms, with the country set to receive a $700 million installment after completion.
Google is implementing measures to make it harder for spammers to send messages to Gmail users by requiring emailers who send over 5,000 messages per day to provide a one-click unsubscribe button and authenticate their email address.
A bug has been discovered in the Version 2.0.1 update of Pokémon Scarlet & Violet that can cause the game to crash during the final battle if players use a certain Pokémon in their party, but there are workarounds and a patch is hoped for soon.
Android 14 could be released this week, potentially alongside the launch of the Pixel 8 on October 4, according to a Telus Community Manager, with rumors suggesting that both the Pixel 4a and 4a 5G will receive the update.
