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TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Americans are struggling to afford any kind of home.
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The government's core focus is the cost-of-living crisis, but it must also control inflation.
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The Coalition shadow treasurer has called for ‘restraint’ in Labor’s 2024 budget to put downward pressure on inflation. Footage: ABC Insiders (May 12, 2024)
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Architectural design and spacious gardens give the small central Mexican town of San Miguel de Allende its indisputable charm. The same could be said of Casa Las Palmas, a $4 million compound in the historic center near one of the city’s landmark green spaces.<br/><br/>Over the past 500 years, San Miguel has evolved from a Spanish outpost and silver mining hub in the 16th century to the birthplace of the uprising against Spain for independence in the 19th century and a haven for artists and artisans in the early 20th century. Today, it’s a top travel destination where the rich can buy a second home unlike any other in a city unlike any other.<br/><br/>Casa Las Palmas sits across from Benito Juarez Park and dates to the late 1990s. The four bedroom home reflects a blend of European, art deco, Asian and Mexican Colonial accents. Gardens with mature plants and palm trees play a key role in creating a tranquil refuge within one of the country’s most picturesque and popular cities.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/09/22/an-eclectic-gem-seeks-4-million-in-one-of-mexicos-most-beloved-historic-cities/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Shawn Jain, a former OpenAI staff member, talks about his time at OpenAI and how they worked to give AI the ability to understand what it’s seeing and what impact this could have on technology such as autonomous driving. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Labor’s self-proclaimed ‘responsible’ budget has delivered the second consecutive surplus in nearly two decades. Canberra Times politics reporter Miriam Webber and political analyst Mark Kenny break down what it means for Australians.
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Senior Vice President and Chief Technology Officer at Universal Pictures Michael Wise spoke at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit about how AI will impact Hollywood and how Universal is making AI a part of the creative process.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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You have to tip your hat to the fans of the Kentucky Derby. For 150 years now, they have shown up on the first Saturday in May wearing their Sunday best–or better.<br/><br/>Dressing up on Derby Day is a tradition that dates back to the early days of the Run for the Roses. In 1875, when Colonel Merriwether Lewis Clark Jr.—grandson of the famed American explorer—helped found the race, he was inspired by England’s Epsom Derby, which had formal dress codes for spectators, including hats. By the time the Derby was first televised in 1952, fine millinery was as ubiquitous as a fresh mint julep at Churchill Downs.<br/><br/>Today, there is no official dress code at Churchill Downs, although spectators at the 150th running of the Kentucky Derby hardly need reminding that they are as much on parade as the Thoroughbreds in the paddock. Clark’s original fashion policy is just fine with the 150,000 who will attend the first jewel of the Triple Crown. Even fans who wouldn’t know a furlong from a fetlock, understand that Derby Day requires the widest brims, the boldest colors and the most outrageous equestrian clichés.<br/><br/>Read the full story:<br/>https://www.forbes.com/sites/msolomon/2023/05/06/best-hats-2023-kentucky-derby/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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<p>Richard Madeley admitted he was 'mad' to do This Morning bear segment. </p><br/><p>Credit: This Morning / ITV / ITVX</p>
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China has reportedly instructed its tech giants to reduce their reliance on foreign-made chips, particularly those from NVIDIA, and increase their purchase of domestic AI chips.<br/><br/>The Chinese government has advised major tech companies such as Alibaba, Baidu, ByteDance, and Tencent to decrease their spending on foreign-made-chips, including those from Nvidia, The Information reported on Monday, citing people familiar with the matter.
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<p>The Fortune Hotel's Stephen Mangan was worried about ruining contestants' chances.</p><br/><p>Credit: This Morning / ITV / ITVX</p>
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The network is providing internet access to over 2.7 million subscribers across 75 countries. The company has also expanded into enterprise, mobility, and government markets, with an estimated 50,000 users in these sectors.
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