Skip to Content

Money

Bitcoin bounces back but the crypto turmoil isn’t over

The cryptocurrency market stabilized Thursday, with bitcoin climbing back above $40,000. Even so, the world’s largest digital currency has lost more than 30% in market capitalization since its peak in mid-April. The wider crypto market looks similarly bruised. Several digital currencies are still showing double-digit percentage losses from where they were before the latest turmoil.

Continue Reading

Panera cafes are getting a whole new look

Panera, the sandwich and bakery chain, is following its peers with a pandemic-induced redesign that doubles down on digital ordering and drive-thrus. Digital features are heavily emphasized in the restaurant redesign, which Panera said Thursday is a “modern experience to serve today’s guest.” That means computerized menus are replacing low-tech menu boards and the locations

Continue Reading

Beware the Fed’s asset price ‘monsters’

Change is hard. Sometimes, talking about change is hard. But for anxious investors, even talking about talking about changes to the Federal Reserve’s stimulus program proved difficult on Wednesday. What happened: The minutes from the central bank’s April policy meeting revealed that several officials think the robust US economic recovery means the Fed should review

Continue Reading

Twitter says its image-cropping algorithm was biased, so it’s ditching it

Twitter has largely abandoned an image-cropping algorithm after determining the automated system was biased. Some users complained it had a preference toward showing pictures of white people in previews of tweets. In a blog post on Wednesday, Rumman Chowdhury, a software engineering director for Twitter’s machine learning ethics, transparency and accountability team, wrote that the

Continue Reading

Here’s how much HBO Max with Ads will cost

If you don’t mind ads, HBO Max just got cheaper. The streaming service from WarnerMedia, CNN’s parent company, announced on Wednesday that a new ad-supported version of the platform will cost $9.99 a month. This is less expensive than the ad-free version, which costs $14.99 a month. HBO Max with Ads will launch the first

Continue Reading
Skip to content