Boeing made a big move recently, letting go of around 10% of its workers. That's about 17,000 people finding themselves without a job. The company pointed the finger at its machinists, who are currently on strike. CEO Kelly Ortberg explained in a memo that these cuts are necessary to keep the compan
On a quiet Saturday morning, China's Ministry of Finance met with the press to chat about local debt issues and the health of the property market. They let everyone know that the central government might step in to help, even if it means bumping up the deficit. But, they didn't share any numbers abo
Lately, China's economy hasn't been having the smoothest ride. After the government released a stimulus package, the Shanghai and Hong Kong stock markets took a dive. Why? Because investors felt the measures didn't hit the mark. All this is happening while youth unemployment is high, prices are risi
China's Finance Minister Lan Fo'an hinted at increasing the deficit during a recent press briefing, suggesting greater fiscal flexibility. He stressed that the opportunity to do so is "quite substantial," but further discussions are ongoing. Economists have been calling for more financial backing fr
China's Finance Minister, Lan Fo'an, recently suggested that there's room for more economic stimulus, but he didn't reveal any specific plans. This could mean new steps to boost the economy in the future, but what those might be is still a mystery. China's economy hasn't been doing great even after
China's Finance Minister, Lan Fo’an, hinted at possible economic boosts on Saturday but didn't reveal any concrete plans. This comes after the economy's slow recovery from COVID-19 restrictions lifted in late 2022. Companies are cautious, cutting back on jobs and pay, while a struggling property mar
Tonight's NL Division Series Game 5 between the San Diego Padres and Los Angeles Dodgers is set to be an epic finish. The Dodgers are the favored team, with a solid home record of 53-30 wins out of 83 games this season. Experts at Dimers, a sports handicapping site, ran 10,000 simulations of the gam
Boeing, a major airplane manufacturer, is planning to cut around 17,000 jobs. That's about 10% of their workforce. It's a tough move, but the company is facing big losses. One of the reasons is a strike by their largest union. Thousands of workers walked off the job, which halted production of some
Get ready, space enthusiasts! A comet named C/2023 A3 is about to make a super close approach to Earth, something it hasn't done in 80,000 years—even before our ancient relatives, the Neanderthals, roamed the planet. This icy wanderer was spotted by scientists using telescopes from China and South
OpenAI has just unveiled a new benchmark to see how well AI can handle data science tasks. They've created a test called MLE-bench, which puts AI through 75 real-world challenges from Kaggle, a popular competition site for machine learning. This isn't just about crunching numbers. The test checks i
