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Plus: Automakers’ lack of parts leaves thousands of Ford and Jeep employees collecting unemployment. And the U.K. competition regulator raises concerns over Getty Images and Shutterstock’s $3.7 billion merger. Zoe Kuhlkin hosts.
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May Zabaneh, Head of Crypto at PayPal, shares how PYUSD, stablecoins, and AI are powering the next wave of global payments—and why the future of money is happening on-chain.
In this episode of Gen C, May Zabaneh, Head of Crypto at PayPal, shares how PYUSD, stablecoins, and AI are powering the next wave of global payments—and why the future of money is happening on-chain. From scaling mobile payments to championing blockchain, May shares what it takes to drive change within a global payment leader.
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"Gen C" features host Sam Ewen. Executive produced by Uyen Truong.
Amazon's cloud services were hit by a global outage that affected multiple other sites. There are new threats to the Israel-Hamas ceasefire. The Louvre museum in Paris remains closed a day after thieves stole several pieces of priceless jewelry. CBS's Steve Kathan has these stories and much more in today's World News Roundup.
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Tariffs are at their highest rate in nearly a century, and the labor market is weakening. These are volatile times for the U.S. economy — but the stock market keeps going up.
Joe Rennison, a reporter covering financial markets for The New York Times, explains what is going on.
Guest: Joe Rennison, a financial reporter for The New York Times.
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Photo: Jeenah Moon/Reuters
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
There's been a major outage of Amazon Web Services, the Amazon system that does computing for other companies. The list of impacted sites and platforms is lengthy: Facebook, Snapchat, Reddit, Fortnite, Lyft, McDonald's, Robinhood, and Amazon itself, to name a few. We'll hear more. Plus, altcoins are poised to take a step into the financial mainstream, and China plans its economic future as it deals with tariff fallout and slowing economic growth.
From the BBC World Service: As members of China's ruling Communist Party gather to discuss the country's economic plans for the next five years, news that growth has slowed to a one-year low hangs over proceedings. Then, Bolivia's next president has said a priority will be tackling his country’s economic crisis. And as Diwali — the Hindu festival of light — begins, we'll ask how consumers in India are dealing with the rising price of gold, which is central to gift-giving there.
lus: Internet users around the world are knocked offline after a major outage at Amazon Web Services. And, the world’s second-largest economy expands at its slowest pace in a year. Caitlin McCabe hosts.
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Ten days into the ceasefire between Israel and Hamas, the truce remains tenuous. Today our correspondent speaks to people on the ground in Gaza about what they expect from the future. Why global cities are coming round to bikes again. And being left-handed may give you an advantage in certain sports. Photo courtesy of Omar Mahmood.
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A.M. Edition for Oct. 20. Facebook, Snapchat and Robinhood are just a few of the hundreds of companies affected by the outage overnight. Trump vows to halt U.S. aid to Colombia, as the president turns up the heat on Latin America. And, U.S. stocks might be close to all time highs, but Rebecca Feng says warning signs are flashing just below the surface. Caitlin McCabe Hosts hosts.
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Ken Liu is a big name in science fiction. His latest novel All That We See or Seem takes place in a world that’s not too different from ours. But in the book, AI is more embedded in day-to-day life and one character uses it to guide collective dream experiences. In today’s episode, Liu speaks with NPR’s Andrew Limbong about the novel’s hacker protagonist, dreams as knowledge, and how human patterns influence technology.
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