Latest from Kelly Silvera

• Jul 13, 2023

  IMF approves $3 billion bailout for Pakistan

  

  The International Monetary Fund has approved the release of funds over nine months to support Pakistan’s economic stabilization program. It’s a year since former Sri Lankan President, Gotabaya Rajapaksa, fled Sri Lanka amidst a huge economic crisis; and although things have improved, high prices are leaving many people struggling to cope. Tennis fans have been glued to coverage of Wimbledon and whilst broadcasters provide gripping commentary for big matches, many of the other games aren’t covered. That’s all about to change, thanks to artificial intelligence.

  Read MoreSaveShareDownload
• Jul 12, 2023

  Can AI do your taxes? Not quite yet.

  

  KPMG just announced they’re partnering with Microsoft to create AI tools to use for their audit, tax and advisory services. The hope? AI could make accounting more efficient. Plus, an update on the PGA Tour’s senate hearing.

  Read MoreSaveShareDownload
• Jul 12, 2023

  A win for the CFPB, a loss for the FTC

  

  We’ll talk to the director of the Consumer Financial Protection Bureau about Bank of America’s illegal activity, and what his agency and others are doing about it. The big takeaway? Laws are not suggestions. Plus, Microsoft wins big against the FTC’s trust busters, and the Southwest gets some relief from the heat.

  Read MoreSaveShareDownload
• Jul 12, 2023

  Nike Canada investigated over forced labor

  

  From the BBC World Service: Canada’s ethics watchdog has launched investigations into allegations that Nike Canada and a gold mining company benefitted from Uyghur forced labor in their China operations. The UN is warning that Sudan is on the verge of an all-out civil war. Thousands have fled to Egypt where cash payments are part of the humanitarian aid. And FC Barcelona is trying to raise money by making diamonds out of the grass from the pitch in the famous Nou Camp stadium.

  Read MoreSaveShareDownload
• Jul 11, 2023

  That Roomba in your Amazon cart? Today might be the day.

  

  Happy Prime Day(s)! Why do retailers have big savings events for seemingly no reason? We’ll discuss. Plus, sportswashing in the golf world and an incoming indicator for interest rates.

  Read MoreSaveShareDownload
• Jul 11, 2023

  To be, or not to be?

  

  Some regional theaters aren’t getting a choice. With pandemic funding running dry and attendance way down, companies across the country are cutting back spending in drastic ways. Plus, how much capital does a bank really need?

  Read MoreSaveShareDownload
• Jul 11, 2023

  Chips are down as Foxconn bails on India venture

  

  From the BBC World Service: Apple supplier Foxconn has pulled out of a $19.5bn deal with Indian mining giant Vedanta to build a chip making plant. Less than a year ago, the companies announced plans to set up the facility in Prime Minister Narendra Modi’s home state of Gujarat. Plus, how the state of Spain’s economy is dominating the forthcoming general election. And, we take a peek inside Charlie Watts’ treasure trove. The late Rolling Stones drummer amassed a horde of collectibles, from first editions to jazz memorabilia, which will be sold off at auction later in the year.

  Read MoreSaveShareDownload
• Jul 10, 2023

  Oil, oil and more oil

  

  In Cuba, gas shortages leave the country leaning on private Russian firms who may give some short-term relief. Meanwhile, OPEC’s efforts to drive up gas prices have been thwarted by higher-than-expected oil production in the U.S..

  Read MoreSaveShareDownload
• Jul 10, 2023

  Skin in the Game: Sideshow car stunts go virtual

  

  A group of Bay Area students are bringing sideshows — car stunts and tricks that came out of Oakland — to the virtual world. Plus, what could happen if UPS workers go on strike at the end of the month.

  Read MoreSaveShareDownload
• Jul 10, 2023

  Fuel crisis forces Cuba to turn to an old ally

  

  From the BBC World Service: Cuba is in the grip of a crippling fuel crisis. People are having to queue for days for gas as well as endure widespread blackouts. Now the Cuban leadership has turned to an old ally for help: Russia. Plus, President Biden arrived in London today. The war in Ukraine is likely to be the main focus but they are expected to cram a lot in, particularly around the trade of minerals key to the green energy transition. And, South Korean pop sensation BTS has launched an eagerly-awaited book to mark their tenth anniversary.

  Read MoreSaveShareDownload