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Apple is in talks with Tencent and TikTok-owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter https://t.co/LubDHT4P6t pic.twitter.com/A4AZZeiapM
— Reuters Business (@ReutersBiz) December 19, 2024
Teamsters begin 'largest strike' against Amazon, accusing company of 'insatiable greed'
(The Teamsters said workers will begin striking at Amazon facilities across the country Thursday morning — in what the union calls the largest strike against the online shopping giant less than a week before Christmas. (Read More at ABCNews.Go.com)
Thousands of Amazon workers in the US will walk off the job on Thursday morning, in the crucial final days of the holiday season, after union officials said the retailer failed to come to the bargaining table to negotiate contracts. Read more: https://t.co/K9CxW5HCtE pic.twitter.com/z9oY7D5KEM
— Reuters Business (@ReutersBiz) December 19, 2024
Asian stocks slid after the US Federal Reserve cautioned it would ease the pace of rate cuts in the coming year and the Bank of Japan refrained from raising its benchmark rate https://t.co/N3cZz4OS7l pic.twitter.com/Pp8ijzwhku
— Reuters Business (@ReutersBiz) December 19, 2024
Finally, America’s housing market is starting to loosen up. But it’ll be a bumpy road back
(CNN) It’s been another rollercoaster of a year so far for the US housing market. Elevated mortgage rates and home prices have pushed prospective homebuyers to the sidelines. In addition, homeowners have been reluctant to put their properties on the market and risk potentially forfeiting the ultra-low mortgage rates they locked in during the pandemic. (Read more at CNN.com)
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