US Shutdown Risk Eases & Trump Threatens 200% tariff on EU Alcohol
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Decades of Socialist Rule at Stake as Bolivia Vote Count Starts
(Bloomberg) -- The vote count is underway in Bolivia's presidential and congressional elections that may end years of socialist rule and herald warmer relations with Washington. The US-Canadian Road Safety Gap Is Getting Wider A Photographer's Pipe Dream: Capturing New York's Vast Water System Festivals and Parades Are Canceled Amid US Immigration Anxiety A London Apartment Tower With Echoes of Victorian Rail and Ancient Rome Princeton Plans New Budget Cuts as Pressure From Trump Builds The election took place amid unrest, shortages and the steepest inflation in more than three decades. The economic crisis has undermined support for the ruling MAS party, which has held power almost without interruption since 2006. Two pro-business candidates are battling for the upper hand in a field of eight presidential aspirants. Preliminary results are expected on Sunday evening. Samuel Doria Medina made a fortune in cement, then invested in fast food chains such as Burger King and Subway. Jorge Tuto Quiroga served as president in 2001-2002 when President Hugo Bánzer Suárez stepped down due to ill health. Both candidates say they would cut spending and seek international loans to inject capital into the economy. Both also would seek foreign investment in oil and gas exploration and in lithium production — Bolivia is home to the world's largest deposits of the metal. The highest-profile leftist candidate is Andrónico Rodríguez, a socialist senator who has distanced himself from both the current president, Luis Arce, and former President Evo Morales, whose feud split the ruling party. Arce opted not to run for a second term. Morales called on supporters to spoil their votes. The election is the first since 2005 when neither Morales nor a hand-picked successor were on the ballot. Under Bolivian election rules, a candidate can win in the first round with just 40% of the vote, provided there's a margin of more than ten percentage points over the runner-up. If no one wins in the first round, there'll be a runoff on Oct. 19. The new president will be sworn in on Nov. 8. The economy has been struggling for a decade amid declining natural gas production and dwindling central bank dollar reserves. Bolivia's dollar bonds have been among the top performers in emerging markets this year, on optimism that the election will herald a government able to unlock international loans and implement economic reforms. Under Morales and Arce, Bolivia had close links with Venezuela, Nicaragua, Russia and China but often had sour relations with Washington. What Declining Cardboard Box Sales Tell Us About the US Economy Americans Are Getting Priced Out of Homeownership at Record Rates Living With 12 Strangers to Ease a Housing Crunch Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan How Syrian Immigrants Are Boosting Germany's Economy ©2025 Bloomberg L.P. Effettua l'accesso per consultare il tuo portafoglio
Yahoo
5 hours ago
- Yahoo
Apple's Robot Plans Resurface—Here's the Latest
Apple is once again exploring robotics behind closed doors, as the company continues to shift focus from Apple Intelligence. According to a recent Bloomberg report, the company is internally evaluating several AI-powered hardware concepts, including smart home displays, security devices, and a tabletop robot that could use facial recognition and motorized movement to interact with users. None of the devices are officially in development, and sources caution they may never reach the market. One prototype, codenamed J595 and purportedly targeted for a 2027 launch, features a swiveling screen mounted on a robotic arm. It's been nicknamed the 'Pixar Lamp,' a nod to the animation studio and the expressive, lifelike motion of its mascot. The robot is envisioned as a more personal version of a smart assistant—able to track users during video calls or respond physically to conversations. Apple is also exploring mobile bots with wheels and humanoid robots for industrial use. From Sex Work to Space Exploration: Six Jobs Robots Are About to Take Over 'Apple has long been great at integrating hardware and software, and at human interface too,' Gary Marcus, an AI authority and professor emeritus of psychology and neural science at New York University, told Decrypt. 'I don't personally think that reliable humanoid domestic robots are at all close to hand, but if I ever buy a humanoid for the home, I hope it will come with Apple's care for privacy, reliability, elegance, security, and thoughtful design.' Rumors around Apple launching a line of robots emerged last year as Apple made a series of AI-focused announcements and upgrades. In February, longtime Apple analyst Ming-Chi Kuo said Apple is exploring both humanoid and non-humanoid robots 'for its future smart home ecosystem, and these products are still in the early proof-of-concept (POC) stage.' At a recent all-hands meeting, CEO Tim Cook reportedly told employees that Apple needs to 'win in AI,' describing the company's product pipeline as 'amazing' and hinting that some devices would be revealed soon, while others remain further out. He did not mention robotics specifically. The goal is to make artificial intelligence feel physically present. While the robot is still in early development, it represents the centerpiece of a broader push to put Apple back in the AI arms race. A home display for smart automation, video calls, and an upgraded Siri that can engage in conversations with users is reportedly further along and could debut in 2026. Both the display and the robot would run a new software platform internally dubbed 'Charismatic,' designed to handle voice-first commands, facial recognition, and personalized content. Apple did not respond to Decrypt's request for comment. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
11 hours ago
- Bloomberg
Politicians Descended on the Iowa State Fair
Politicians descended on the Iowa State Fair to meet constituents and sell them on Trump's One Big Beautiful Bill. Bloomberg's Erik Wasson went to the fair too. (Source: Bloomberg)
