News

Know all the recent happening in the business world, which companies have soared or gone down. Keep track of the business world in the News Section of Mr. Business Magazine.

Inflation Casts Shadow on Americans’ Economic Outlook
Inflation Looms Over Americans' Economic Outlook, In 2023 Kyle Connolly reflects on a year marked by personal upheavals and economic challenges. The single parent, who reentered the workforce only to face a November job loss, grapples with rising prices affecting daily essentials. Cutting back on luxuries, Connolly, based in Florida's panhandle, ob…
Moore Threads Unveils GPU Competing with Nvidia’s CUDA
Chinese GPU manufacturer Moore Threads has introduced its latest graphics card, the MTT S4000, designed for AI and data center compute workloads. Boasting 48GB of video memory and 768GB/sec of video memory bandwidth per card, the S4000 utilizes the homegrown Moore Threads Unified System Architecture (MUSA), compatible with both x86 and Arm. While c…
Tongue Tracking Introduced in the Quest Pro
Tongue tracking was introduced in the quest pro, In our previous evaluation of the Quest Pro last year, we highlighted a notable drawback: sticking out one's tongue disrupted the immersive experience when using a virtual mirror to observe facial expressions. This absence also restricted expressiveness in social virtual reality (VR) interactions. In…
Apple Set to Debut Vision Pro Mixed-Reality Headset in February
Apple is gearing up for the launch of its Vision Pro mixed-reality headset in February, intensifying production at its Chinese facilities to have units ready for customers by the end of January. This foray into a new product category marks Apple's significant move into the realm of mixed reality, combining virtual and augmented reality. While Meta …
US Consumer Confidence Hits 5-Month High; Home Sales Make Modest Gains
U.S. consumer confidence surged to a five-month peak in December, buoyed by increased optimism across all age and income groups. Americans expressed positive sentiments about current and future business conditions and the job market, suggesting potential support for the economy in early 2024. The Conference Board reported the confidence boost on…
Security Breach at Xfinity Exposes Personal Data of Millions
A significant security breach at Xfinity, the internet provider owned by Comcast, has resulted in the exposure of personal data for nearly all of the company's customers. The breach compromised sensitive information, including account usernames, passwords, and responses to security questions, affecting approximately 35.8 million people, as disclose…
The Essentials of Retirement Plan RMDs
Traditional Individual Retirement Accounts (IRAs) and employer-sponsored retirement plans such as 401(k)s offer the advantage of tax-deferred growth over the years. However, this benefit comes with an eventual obligation to pay taxes. Required Minimum Distributions (RMDs) come into play, necessitating withdrawals from retirement accounts each year …
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