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India Considers Spending Curbs to Protect Fiscal Deficit Target
The Reserve Bank of India has sought to bolster its foreign-exchange buffers amid sustained market volatility. Photographer: Dhiraj Singh/Bloomberg
Charity begins at home: Hungary lawmakers vote unanimously to cut own salaries by 40%
Hungary’s parliament on Monday unanimously approved a sharp reduction in lawmakers’ salaries and allowances, backing Prime Minister Peter Magyar’s efforts to curb administrative spending and restore strained public finances. All 189 lawmakers present in the 199-member National Assembly voted in favour of the bill submitted by the ruling Tisza party. The legislation will reduce MPs’ monthly base salaries by 40%, bringing them down to around 3,690 euros before taxes from next month, according...
Barclays shares 'bank account' message to all customers attending weddings
Barclays shares 'bank account' message to all customers attending weddings The bank shared a message to all customers attending weddings this summer Barclays has shared advice for customers attending weddings over the coming months. Ahead of summer, the bank posted a message for anyone with wedding invites. In a social media post, Barclays pointed out that summer is often the busiest time of year for social events and special occasions.
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending U.S. consumers haven’t stopped spending since the Iran war drove up fuel prices - Bookmark U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. The behavior changes observed so far are subtle, such as altered routines for buying gasoline and fewer visits to...
Fine-tuning an LLM to write docs like it's 1995
Fine-tuning an LLM to write docs like it's 1995 In my predictions for 2030 I wrote that tech writers would be using specialized LLMs, running locally on powerful hardware. I see hints of this move to “local first” among engineering pundits, but we’re not there yet, in part because of how much more powerful connected frontier models are. That doesn’t mean we can’t experiment, though.
Anguished Parents, Crying Doctors: Life Amid Utah’s Measles Outbreak
Ben Dowse hadn’t expected to treat measles when he became a doctor, but there he was, examining a newborn exposed to the virus in the womb. The infected mother had given birth just hours earlier. The hospital had alerted Dowse to the case before delivery, and he’d braced himself for the worst.
Billionaire Ray Dalio tells Americans the problem with AI companies in the US vs China
Billionaire investor Ray Dalio who predicted the 2008 recession has now cautioned America’s biggest artificial intelligence companies risk falling behind China because of their obsession with profitability. According to a report by Business Insider, speaking at the Forbes Iconoclast conference in New York, Dalio contrasted the approaches of US firms like OpenAI and Anthropic with their Chinese rivals, saying Beijing views AI as a public utility rather than a profit engine. Dalio, who visited...
NZ's new forestry rules promise consistency: Will they also increase environmental risk?
NZ's new forestry rules promise consistency: Will they also increase environmental risk? Sadie Harley Scientific Editor Andrew Zinin Lead Editor One of the most important changes to New Zealand's environmental regulations in recent years came into force this week. Yet outside policy circles, the forestry sector and a handful of councils, few people are likely to have noticed.
Passan: How could an MLB salary cap work? Lessons ...
Four days after Major League Baseball officially proposed a salary-cap system to the MLB Players Association for the first time in more than three decades of labor negotiations, union interim executive director Bruce Meyer held a 40-minute teleconference in which he summed up the players' position on the overhaul the league wants to implement. "The cap system they propose is not just bad for all the reasons that we believe cap systems are always bad," Meyer said, "but they've effectively...
Dems to launch ‘coordinated attack’ on Trump’s $1.8 billion fund as GOP revolt erupts
Dems to launch ‘coordinated attack’ on Trump’s $1.8 billion fund as GOP revolt erupts Democrats have branded the fund a "slush fund" and are vowing to block its implementation, further complicating efforts to pass vital Homeland Security spending legislation - Bookmark - CommentsGo to comments A contentious standoff between the White House and Senate Republicans remains unresolved as lawmakers return to Washington, D.C., facing a critical impasse over a $1.776 billion settlement fund...