Stories from New York · United States
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US Consumer Spending Weakens in April
Domino's stock has seen a decline since July 2024, influenced by reduced spending from low and middle-income consumers. These consumers are spending less on pizza due to higher gasoline prices. The report suggests potential for further downside. The US consumer spending index saw its weakest reading in April, indicating a decline in American consumer spending. In Britain, the GFK consumer confidence index also decreased from March to April by four points. This suggests a slowdown in consumer spending within the American economy.
Bloomberg Radio
Qualcomm Stock Volatile Amidst AI Partnership Rumors
Qualcomm's stock experienced volatility, trading down 0.7% after initially rising. The movement follows an analyst suggestion that the chip maker is collaborating with AI giant OpenAI on a smartphone. TF International Securities analyst Ming-Chi Kuo reportedly made the suggestion. The potential partnership could impact future smartphone technology.
Bloomberg Radio
Study Links Generative AI Use to Cognitive Atrophy
A new study indicates that 75 percent of all locations were affected in 2023. Details of the study's methodology and specific findings were not fully elaborated. A NASK study indicates that education level and place of residence do not influence susceptibility to conspiracy theories. The research suggests these beliefs are not tied to specific demographic or geographic markers. The research analyzed various demographic and geographic data points. The research, conducted across North America, indicates potential negative impacts on brain function. Researchers are investigating the long-term effects of extensive AI interaction on human cognitive functions. The findings indicate a possible decline in cognitive abilities associated with this technology. Further research is needed to confirm these preliminary results.
NBC News Radio
Advocates Raise Concerns Over Property Disputes Affecting Black and Latino Households
Advocates report a growing problem of property disputes impacting black and Latino households, particularly in central Brooklyn and southeast Queens. The complexity of conservatorships and property disputes is highlighted, with questions raised about how conservatorships are established and property is signed away. Family members have expressed willingness to sell properties.
WNYC 93.9 FM
Space Probe Mission to Enceladus Set for 2058 Landing
A space probe is scheduled to land on Saturn's moon Enceladus in the year 2058. The mission aims to study the moon for origins of life.
Kommersant FM
Verizon Wireless Sees Stronger Than Expected Results
Verizon Wireless has reported better than expected results, potentially gaining market share in fixed wireless access. The wireless business is described as a zero-sum game where one company's gain is another's loss, as the population is not growing and people generally do not need more than one mobile phone account. One customer is visiting a Verizon store today. A caller confirmed they are a Verizon customer, in a segment discussing the company's performance.
Bloomberg Radio
6G Upgrade Expected in Four Years, Analyst Says
A upgrade to 6G wireless technology is projected to be available in approximately four years. T-Mobile is noted for having the best wireless network currently, possessing the most spectrum. Spectrum capacity is for handling large amounts of data. The company has been a leader in fixed wireless access, providing broadband links to homes via wireless networks.
Bloomberg Radio
CDC Director Fired Over Job Performance
The reason for the dismissal is not specified in the transcript. A former employee at the CDC was terminated from their position. The firing was reportedly carried out by Secretary Kennedy. The CDC has been without a permanent leader since her dismissal. Senators are wary of the next nominee for the position. The President nominated a candidate while Secretary Kennedy was testifying before a committee.
WNYC 93.9 FM
US HHS Position Against 'Woman' Grants Criticized
A senator, identified as Susan Collins, criticized the Department of Health and Human Services (HHS) for its stance against grants using the word 'woman'. Collins argued that excluding grants based on this term means overlooking research on a portion of society, including black children. The HHS position was seen as not useful for comprehensive research.
WNYC 93.9 FM
US Wireless Carriers Focus on Broadband Expansion
AT&T aims to establish itself as the leading broadband provider among the three major carriers. US wireless carriers are concentrating their efforts on broadband services. Major wireless carriers in the United States are prioritizing the expansion of their broadband services.
Bloomberg Radio