Author: dlynews
The Dow Jones Industrial Average plunged 450 points today, as concerns over rising inflation and potential tariff hikes shook investors and sent ripples through the economy. With inflationary pressures continuing to weigh heavily on consumers and businesses alike, the stock market faced its biggest drop in weeks. Experts warn that continued inflation, coupled with the threat of higher tariffs on imported goods, could drive up prices for everyday items, further straining the American consumer. Main Street, already grappling with increasing costs of living, could see even more financial challenges ahead. Market analysts suggest that if these fears persist, the economic…
DeepSeek has recently taken the tech world by storm, but what’s really driving the buzz around this new AI tool? According to experts in the field, the answer lies in its innovative approach to machine learning and data search capabilities. AI professionals are praising DeepSeek for its ability to dig deeper into vast datasets and uncover insights that were previously difficult or even impossible to obtain. With its powerful algorithms and natural language processing features, DeepSeek promises to revolutionize how businesses and researchers interact with data. The platform’s success is attributed to its unique combination of accessibility and high-level functionality.…
The world watched as A$AP Rocky leaped into Rihanna’s arms after his acquittal on Tuesday, and now she’s sharing her joy. The superstar singer and mogul took to Instagram, posting, “The Glory belongs to God and God alone. Thankful, humbled by His mercy!” after a California jury found A$AP Rocky not guilty of two felony assault charges related to a 2021 shooting incident in Los Angeles. The longtime couple, who share two sons—RZA, 2, and Riot, 1—first connected as friends after collaborating on the remix of Rihanna’s 2011 single Cockiness (Love It). Their chemistry was on full display at the…
Attorneys for Sean “Diddy” Combs are seeking to dismiss one of the charges against him, arguing he is the target of a racially biased prosecution—an allegation prosecutors have previously denied. In a motion filed Tuesday, Combs’ defense stated, “No White person has ever been the target of a remotely similar prosecution. Mr. Combs has been singled out because he is a powerful Black man.” They are requesting the court drop Count Three of the superseding indictment—transportation to engage in prostitution—arguing that prosecutions under The Mann Act are rare and disproportionately affect people of color. The 1910 law, originally called the…
A California jury found A$AP Rocky not guilty on two felony counts of assault with a semiautomatic firearm tied to a 2021 incident with a former friend in Los Angeles. Rocky’s attorneys argued that the weapon was merely a prop gun that fired blanks—a claim supported by testimony that he obtained it on a music video set for security purposes. Notably, Rocky (legal name Rakim Athelston Mayers) did not testify during the trial. Rihanna, his longtime partner, was in attendance along with their two young sons, RZA (2) and Riot (1). The case centered on a November 6, 2021, altercation…
In an amended complaint, attorneys for Blake Lively added nearly 50 pages to their lawsuit against the actress’ co-star Justin Baldoni, furthering the details to Lively’s initial allegations of sexual harassment and retaliation. Filed in New York federal court on Tuesday just ahead of a judge’s deadline, the amended complaint states that additional women who worked on the set of the movie, “It Ends With Us,” were made uncomfortable by Baldoni’s “unwelcome behavior” and confided in Lively. Another female co-star reported concerns about Baldoni to Sony, the film’s distributor, according to Lively’s complaint. “Ms. Lively brought this lawsuit because she was one…
Argentine President Javier Milei has denied promoting a newly launched cryptocurrency which collapsed shortly after he mentioned it in a social media post on Friday. The cryptocoin $Libra quickly rose in value before nosediving, causing severe losses for the majority of people who had invested in it. A judge will now determine if the president should face fraud charges over the incident. On Monday, Milei said he had acted “in good faith” and dismissed investors’ complaints, comparing their actions to people who gamble: “If you go to a casino and lose money, what’s there to complain about when you knew…
South Korea has accused Chinese AI startup DeepSeek of sharing user data with the owner of TikTok in China. “We confirmed DeepSeek communicating with ByteDance,” the South Korean data protection regulator told Yonhap News Agency. The country had already removed DeepSeek from app stores over the weekend over data protection concerns. The Chinese app caused shockwaves in the AI world in January, wiping billions off global stock markets over claims its new model was trained at a much lower cost than US rivals such as ChatGPT. Since then, multiple countries have warned that user data may not be properly protected, and in February a US…
UK inflation jumped sharply in the year to January, driven by rising food prices, air fares and an increase in private school fees. The higher-than-expected jump to 3% from 2.5% in December, means prices rose at the fastest pace for 10 months. Food staples such as meat, eggs, butter and cereals were all more expensive than a year ago and comes as many households prepare for higher energy and water bills later this year. Following the latest figures, the government warned that the road back to low inflation would be “bumpy”, but the Conservatives and Liberal Democrats argued Labour’s tax…
The price of gold has climbed near $3,000 an ounce, due to increased purchases by central banks and investor concerns about global economic growth following announcements of new US tariffs. In the physical market, the price of an ounce (28 grams) of gold was at $2,943 around noon, up 0.3 percent from yesterday’s close. It briefly hit a new record high of $2,946, the ninth time this year that a new high has been reached since the beginning of the year. In the US futures market, gold traded at a price 0.4 percent higher, at $2,961. According to calculations by…