It's back to school season and Yahoo Finance's Jeanie Ahn discusses the latest back to school deals with Seana Smith and Dion Rabouin.
Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop software later this year. Adobe's image and video editing tools are widely used by creative professionals, but it faces rising competition from startups such as Microsoft-backed OpenAI, Midjourney and Stability AI, all of which offer services that can generate images from text prompts. Adobe is developing its own image-generation AI system called Firefly, which is trained on data that Adobe has rights to, in order to avoid copyright infringement claims against users.
Ukrainian President Volodymyr Zelenskyy said a Russian missile strike that smashed a television tower in Kharkiv was part of the Kremlin’s ongoing effort to intimidate Ukraine’s second-largest city, which in recent weeks has come under increasingly frequent attack. The strike sought to “make the terror visible to the whole city and to try to limit Kharkiv’s connection and access to information,” Zelenskyy said in his Monday evening address. The northeastern Kharkiv region straddles the about 1,000-kilometer (600-mile) front line where Ukrainian and Russian forces have been locked in battle for more than two years since Moscow’s full-scale invasion of Ukraine.
An aide to a German far-right member of the European Parliament has been arrested on suspicion of spying for China, German prosecutors said Tuesday, deepening concerns about foreign interference ahead of June's EU elections.The European Greens on Tuesday called on European Parliament president Roberta Metsola to "speed up" the parliament's investigation into links between MEPs and foreign powers.
Tesla will report Q1 earnings after the bell on Tuesday, giving a much-needed update on the EV maker’s current and future prospects as investor sentiment slides.
The UK readied on Tuesday to start detention of migrants within days before deporting them to Rwanda, after the controversial plan cleared its final hurdle, sparking criticism from the UN and rights groups.The Rwanda scheme was first proposed in 2022, but has been beset by legal challenges ever since and two years on, no migrants have been deported.
A top U.S. arms control official said on Tuesday the country was likely, although not guaranteed, to meet a new deadline to finalise trade exemptions for the AUKUS defence project with Australia and Britain. AUKUS, formed in 2021 to address shared worries about China's growing power, involves Australia acquiring nuclear-powered attack submarines, and deeper defence cooperation. A 120-day deadline to qualify Australia and Britain for exemptions to the regime passed without certification on Saturday.
Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.London rose again, having closed at a record high Monday with the Bank of England tipped to slash interest rates soon thanks to cooling inflation.
British Prime Minister Rishi Sunak vowed that nothing would prevent him from sending asylum seekers to Rwanda after parliament finally approved the divisive policy that is designed to deter migrants from travelling in small boats to Britain. Hours after the bill passed, a French newspaper reported that at least five migrants had died in an attempt to cross the Channel. Tens of thousands of migrants - many fleeing wars and poverty in Africa, the Middle East and Asia - have reached Britain in recent years by crossing the English Channel in small boats on risky journeys organised by people-smuggling gangs.
Charles “Todd” Hill, a former HGTV personality, was sentenced to four years in prison.
With minerals in short supply on Earth, private companies such as California-based AstroForge and international space agencies are turning to the prospect of asteroids in space.
Despite a rebound on Monday, many bearish strategists believe there are mounting risks to the market rally.
The increase in China's defence spending is concerning given its economy is "failing", the head of the U.S. Indo-Pacific Command said on Tuesday. Speaking to reporters in Tokyo, Admiral John Aquilino said China's economy had been battered by turmoil in its real estate sector and asserted that its official growth rates were "not real". He also said China was spending "drastically more" on its military than the 7.2% increase it declared last month.
Pro-Palestinian encampments have started on at least a dozen campuses
A $8 billion defense package approved by the U.S. House of Representatives over the weekend will “strengthen the deterrence against authoritarianism in the West Pacific ally chain,” Taiwan’s President-elect Lai Ching-te said Tuesday, in a reference to key rival China. The funding will also “help ensure peace and stability across the Taiwan Strait and also boost confidence in the region” Lai, currently Taiwan’s vice president, told visiting Michigan Representatives Lisa McClain, a Republican, and Democrat Dan Kildee at a meeting at the Presidential Office Building in the capital Taipei.
Show Dad how much you love him by posting one of these funny or thoughtful Father's Day captions on Instagram. Find ideas for grandpas and stepdads, too.
Australia’s Prime Minister called Elon Musk, owner of X and self-styled free-speech champion, an “arrogant billionaire.”
Elon Musk on Tuesday vowed to challenge Australian demands that his social media platform X take down videos of a recent Sydney church stabbing.Video of the bloody attack, which spread widely on social media platforms, has been blamed by Australian authorities for feeding tensions in the community.
Columbia University faces a seventh day of tense pro-Palestinian demonstrations as solidarity protests have rippled to other colleges and prompted arrests at NYU and Yale.
North Korea claims it tested a new nuclear weapons command-and-control system Monday, with the firing of projectiles carrying simulated nuclear warheads from multiple rocket launcher units.
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
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