Thousands of social assistance cheques have not been distributed in British Columbia because of the Canada Post strike, prompting an investigation by provincial ombudsperson Jay Chalke. Chalke's office began investigating when he was told by the Ministry of Social Development and Poverty Reduction that many income and disability assistance cheques weren't delivered. Chalke says in a statement that he's concerned that many of B.C.'s most vulnerable people will be left without funds for food and shelter, especially during the upcoming holiday season. He says that despite the ministry's efforts to encourage direct deposit, thousands of hard-copy cheques are mailed every month, and the ministry says 40 per cent of those payments weren't sent last month. The potential for a Canada Post strike was widely reported before it happened, and Chalke says the ministry needed to have a plan for distributing the cheques without mail service. Chalke says his investigation will assess the adequacy of that plan. The statement says the investigation will also look into the ministry’s contingency planning before the strike was announced, as well as steps taken during the strike to distribute hard copy cheques to the 15 per cent of income and disability assistance recipients who don't get direct deposit. “The next social assistance payment date is Dec. 18. The end of December is when many ministry employees intend to be on vacation, which could present operational challenges,” Chalke says. "I am calling on the government to demonstrate it has a plan in place to achieve better and faster results for December’s cheques in the event the strike continues.” This report by The Canadian Press was first published Dec. 6, 2024.Google today announced the launch of a 2024 Recap for Google Photos , mimicking the popular year-end recaps that Spotify and Apple Music put out. The Google Photos Recap highlights memorable photos and videos from the year, pairing them with graphics and cinematic effects. Select users in the United States are able to get a Recap that includes personalized captions generated by the Google Gemini AI model. Recap will also provide tidbits about the year based on images captured, such as longest photo streak, who you took the most photos of, top colors photographed, and who you smiled most with. Recap memories and insights can be shared from Google Photos directly to messaging apps and social media apps. The Recap feature is rolling out to Google Photos users as of today.
Our solar system could be subject to a violent “superflare” explosion from our sun sooner rather than later, researchers warn, based on a new analysis of behavior from similar stars. Stars, including our sun, regularly emit solar flares, or strong bursts of electromagnetic radiation. Superflares, however, are much more powerful than typical solar flares, emitting up to 10,000 times more radiation . And across the cosmos, these events might occur much more frequently than astronomers previously thought, according to a paper published in Science last week. The new results indicate that stars resembling our sun experience superflares approximately once every century—and if that’s true, it seems our sun may be overdue for such an explosion. As solar activity is already known to cause damage to Earth’s satellite and telecommunication systems, the discovery came as a shock to the team. “This is 40 to 50 times more frequent than previously thought,” Valeriy Vasilyev , a scientist at Germany’s Max Planck Institute for Solar System Research (MPS) and a co-author of the paper, tells Space.com ’s Robert Lea. “Everything about this discovery was surprising.” What a blast! #Sun -like stars produce a #superflare on average about once every century per star, a research team led by #MPSGoettingen shows in today’s issue of @sciencemagazine . More here: https://t.co/GsigkmZWnA @UniGraz @UniOulu @prcnaoj_en @CUBoulder @unipariscite pic.twitter.com/31n8y6aczT Because superflares are relatively rare, Vasilyev and his team pulled data from 56,450 stars that share many characteristics with our sun. The data, previously collected by NASA’s Kepler space telescope between 2009 and 2013, gave them access to “evidence of 220,000 years of stellar activity,” explains study co-author Alexander Shapiro , an astrophysicist at Austria’s University of Graz, in a statement . From the data, they identified 2,889 occurrences of superflares on 2,527 stars, which led them to conclude that one sun-like star produces about one superflare every 100 years or so. Generally, stars of the same size and temperature share the same evolutionary life cycles, writes Korey Haynes for Astronomy magazine . As such, the aggregate behavior of these stars might serve as a predictor for how our sun will act. This is why astronomers are paying close attention to this new discovery. In particular, they hope that by better understanding when such events may occur, we can better prepare for the damage that could follow. For instance, the Carrington Event of 1859 , the strongest solar storm on record, ravaged telegraph networks across the globe. But the energy released during that flare is only one-hundredth of the enery thought to be associated with a superflare, the researchers say. Still, scientists point to a few reasons why superflares might not be a huge cause for alarm. On other stars, these powerful blasts tend to happen near the poles , Space.com reports, so such flares from our sun might miss the Earth entirely. In addition, the examined stars might not be perfect analogs for our sun, some scientists say —and 30 percent of the stars seen emitting superflares in the new study are found in pairs known as binary systems, notes Live Science ’s Ben Turner. Perhaps the tidal interactions between those stars, which would not apply to our sun, are triggering some of their flares. Ultimately, we don’t know for certain that our sun is capable of expelling a superflare, Vasilyev tells the New York Times ’ Katrina Miller. But “it’s nice to be prepared,” he adds. Solar flares are also associated with coronal mass ejections, or clouds of plasma and magnetic fields launched from the sun that rile up geomagnetic storms on Earth. “A geomagnetic storm takes place when Earth’s protective magnetic shield is pushed back or eroded by the solar wind,” Martin Connors , an astronomer at Athabasca University in Canada who was not involved with the study, tells Newsweek ’s Jess Thomson. Such storms would supercharge the northern and southern lights and potentially damage power grids and satellites, he says. Coronal mass ejections leave a geological record on Earth—an elevated level of a radioactive carbon isotope that appears in tree rings and ice cores. By looking for these signatures, scientists have identified five extreme solar storms from our sun, with the most damaging dating to 775 C.E., per the statement. But it remains unclear whether such events came from several flares rather than a single powerful one—and Earth’s records don’t reveal whther the sun has launched superflares that didn’t collide with our planet. Regardless, scientists involved in the study highlight the need for caution. Natalie Krivova , an astronomer at MPS, says in the statement that the “new data are a stark reminder that even the most extreme solar events are part of the sun’s natural repertoire.” Keeping this in mind, the team’s next step is to redirect their research to confirm how superflares could potentially affect Earth. “There are several directions we are pursuing,” Vasilyev says to Space.com . “For instance, we are investigating the impact of such events on the Earth’s atmosphere and technological systems, understanding the connection between superflares and extreme solar particle events and determining the conditions necessary to produce such superflares.” Get the latest stories in your inbox every weekday. Gayoung Lee | | READ MORE Gayoung Lee is a science journalist from South Korea, now based in New York. Her main interest lies in exploring the unlikely connections between science and everyday life.NEW YORK -- U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation . The S & P 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones Industrial Average dipped 123.19 points, or 0.3%, while the Nasdaq composite rose 0.8% to set its own record. The quiet trading came after the latest jobs report came in mixed enough to strengthen traders’ expectations that the Federal Reserve will cut interest rates again at its next meeting in two weeks. The report showed U.S. employers hired more workers than expected last month, but it also said the unemployment rate unexpectedly ticked up to 4.2% from 4.1%. “This print doesn’t kill the holiday spirit and the Fed remains on track to deliver a cut in December,” according to Lindsay Rosner, head of multi-sector investing within Goldman Sachs Asset Management. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S & P 500 has set an all-time high 57 times so far this year. And the Fed is part of a global surge: 62 central banks have lowered rates in the past three months, the most since 2020, according to Michael Hartnett and other strategists at Bank of America. Still, the jobs report may have included some notes of caution for Fed officials underneath the surface. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, pointed to average wages for workers last month, which were a touch stronger than economists expected. While that’s good news for workers who would always like to make more, it could keep upward pressure on inflation. “This report tells the Fed that they still need to be careful as sticky housing/shelter/wage data shows that it won’t be easy to engineer meaningfully lower inflation from here in the nearer term,” Wren said. So, while traders are betting on an 85% probability the Fed will ease its main rate in two weeks, they’re much less certain about how many more cuts it will deliver next year, according to data from CME Group. For now, the hope is that the job market can help U.S. shoppers continue to spend and keep the U.S. economy out of a recession that had earlier seemed inevitable after the Fed began hiking interest rates swiftly to crush inflation. Several retailers offered encouragement after delivering better-than-expected results for the latest quarter. Ulta Beauty rallied 9% after topping expectations for both profit and revenue. The opening of new stores helped boost its revenue, and it raised the bottom end of its forecasted range for sales over this full year. Lululemon stretched 15.9% higher following its own profit report. It said stronger sales outside the United States helped it in particular, and its earnings topped analysts’ expectations. Retailers overall have been offering mixed signals on how resilient U.S. shoppers can remain amid the slowing job market and still-high prices. Target gave a dour forecast for the holiday shopping season, for example, while Walmart gave a much more encouraging outlook. A report on Friday suggested sentiment among U.S. consumers may be improving more than economists expected. The preliminary reading from the University of Michigan’s survey hit its highest level in seven months. The survey found a surge in buying for some products as consumers tried to get ahead of possible increases in price due to higher tariffs that President-elect Donald Trump has threatened. In tech, Hewlett Packard Enterprise jumped 10.6% for one of the S & P 500’s larger gains after reporting stronger profit and revenue than expected. Tech stocks were some of the market’s strongest this week, as Salesforce and other big companies talked up how much of a boost they’re getting from the artificial-intelligence boom. All told, the S & P 500 rose 15.16 points to 6,090.27. The Dow dipped 123.19 to 44,642.52, and the Nasdaq composite climbed 159.05 to 19,859.77. In the bond market, the yield on the 10-year Treasury yield slipped to 4.15% from 4.18% late Thursday. In stock markets abroad, France’s CAC 40 rose 1.3% after French President Emmanuel Macron announced plans to stay in office until the end of his term and to name a new prime minister within days. Earlier this week, far-right and left-wing lawmakers approved a no-confidence motion due to budget disputes, forcing Prime Minister Michel Barnier and his cabinet to resign. In Asia, stock indexes were mixed. They rallied 1.6% in Hong Kong and 1% in Shanghai ahead of an annual economic policy meeting scheduled for next week. South Korea’s Kospi dropped 0.6% as South Korea’s ruling party chief showed support for suspending the constitutional powers of President Yoon Suk Yeol after he declared martial law and then revoked that earlier this week. Yoon is facing calls to resign and may be impeached. Bitcoin was sitting near $101,500 after briefly bursting above $103,000 to a record the day before. ___ AP Writers Matt Ott and Zimo Zhong contributed.
NEW YORK — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The Standard & Poor’s 500 climbed 0.2%, just enough top the all-time high set on Wednesday, as it closed a third straight winning week in what looks to be one of its best years since the 2000 dot-com bust. The Dow Jones industrial average dipped 0.3%, and the Nasdaq composite rose 0.8%, setting its own record. The quiet trading came after the latest jobs report came in mixed enough to strengthen traders’ expectations that the Federal Reserve will cut interest rates again at its next meeting in two weeks. The report showed U.S. employers hired more workers than expected last month, but it also said the unemployment rate unexpectedly ticked up to 4.2% from 4.1%. “This ... doesn’t kill the holiday spirit and the Fed remains on track to deliver a cut in December,” according to Lindsay Rosner, head of multi-sector investing within Goldman Sachs Asset Management. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set an all-time high 57 times so far this year. And the Fed is part of a global surge: In the last three months, 62 central banks have lowered rates, the most since 2020, according to Michael Hartnett and other strategists at Bank of America. Still, the jobs report may have included some notes of caution for Fed officials under the surface. Scott Wren, senior global market strategist at Wells Fargo Investment Institute, pointed to average wages for workers last month, which were a touch stronger than economists expected. That’s good news for workers, but it could keep upward pressure on inflation. “This report tells the Fed that they still need to be careful as sticky housing/shelter/wage data shows that it won’t be easy to engineer meaningfully lower inflation from here in the nearer term,” Wren said. So, while traders are betting on an 85% probability the Fed will ease its main rate in two weeks, they’re much less certain about how many more cuts it will deliver next year, according to data from CME Group. For now, the hope is that the job market can help U.S. shoppers continue to spend and keep the U.S. economy out of a recession that had earlier seemed inevitable after the Fed began raising interest rates swiftly to crush inflation. Several retailers offered encouragement after delivering better-than-expected results for the latest quarter. Ulta Beauty rallied 9% after topping expectations for both profit and revenue. The opening of new stores helped boost its revenue, and it raised the bottom end of its forecast range for sales for the full year. Lululemon stretched 15.9% higher after its own profit report. It said stronger sales outside the United States helped it in particular, and its earnings topped analysts’ expectations. Retailers overall have been offering mixed signals on how resilient U.S. shoppers can remain amid the slowing job market and still-high prices. Target gave a dour forecast for the holiday shopping season, for example, while Walmart gave a much more encouraging outlook. A report on Friday suggested that sentiment among U.S. consumers may be improving more than economists expected. The preliminary reading from the University of Michigan’s survey hit its highest level in seven months. The survey found a surge in buying for some products as consumers tried to get ahead of possible increases in prices due to higher tariffs that President-elect Donald Trump has threatened. In tech, Hewlett Packard Enterprise jumped 10.6%, one of the S&P 500’s larger gains, after reporting stronger profit and revenue than expected. Tech stocks were some of the market’s strongest this week, as Salesforce and other big companies talked up how much of a boost they’re getting from the artificial intelligence boom. All told, the S&P 500 rose 15.16 points to 6,090.27. The Dow slipped 123.19 points to 44,642.52, and the Nasdaq composite climbed 159.05 points to 19,859.77. In the bond market, the yield on the 10-year Treasury slipped to 4.15% from 4.18% late Thursday. In stock markets abroad, France’s CAC 40 rose 1.3% after French President Emmanuel Macron announced plans to stay in office until the end of his term and to name a new prime minister within days. Earlier this week, far-right and left-wing lawmakers approved a no-confidence motion due to budget disputes, forcing Prime Minister Michel Barnier and his cabinet to resign. In Asia, stock indexes were mixed. They rallied 1.6% in Hong Kong and 1% in Shanghai ahead of an annual economic policy meeting scheduled for next week. South Korea’s Kospi dropped 0.6% as the nation’s ruling party chief showed support for suspending the constitutional powers of President Yoon Suk-yeol after he declared martial law and then revoked that earlier this week. Yoon is facing calls to resign and may be impeached. Bitcoin was sitting near $101,500 after briefly bursting above $103,000 to a record the day before. Choe writes for the Associated Press. AP writers Matt Ott and Zimo Zhong contributed to this report.None
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Information Technology Operations Analytics Market: Trends, Size, Share, Growth, and Demand 2031 12-16-2024 07:36 PM CET | IT, New Media & Software Press release from: Data Bridge Market Research (DBMR) Information Technology Operations Analytics Market The Information Technology Operations Analytics (ITOA) market is undergoing a transformative period, driven by advancements in artificial intelligence, big data, and machine learning. This sector plays a crucial role in modernizing IT operations, enhancing efficiency, and reducing downtime across industries. By 2031, the ITOA market is poised for substantial growth, shaped by emerging trends, increasing demand, and technological innovations. Access Full 350 Pages PDF Report @ https://www.databridgemarketresearch.com/reports/global-it-operations-analytics-market Information Technology Operations Analytics involves leveraging data analytics tools and techniques to monitor, manage, and optimize IT operations. It enables organizations to gain actionable insights from the vast amounts of data generated by their IT systems. With the rising complexity of IT infrastructures and the growing reliance on digital ecosystems, the role of ITOA has become indispensable. It aids in identifying performance bottlenecks, predicting system failures, and ensuring seamless operations, thereby driving business continuity and enhancing user experiences. Trends Shaping the ITOA Market Artificial Intelligence Integration: Artificial intelligence (AI) is revolutionizing the ITOA landscape by enabling predictive analytics and automated decision-making. AI-powered tools can analyze large datasets in real time, detect anomalies, and provide proactive solutions. These capabilities help organizations prevent system outages and improve overall operational efficiency. Cloud Adoption: The increasing adoption of cloud technologies is reshaping the IT landscape. As organizations migrate their operations to the cloud, ITOA solutions are evolving to support hybrid and multi-cloud environments. Cloud-based analytics tools provide scalability, flexibility, and real-time monitoring, making them a preferred choice for businesses of all sizes. Focus on Cybersecurity: With the rise in cyber threats, ITOA tools are being integrated with advanced security features. These tools help organizations detect and respond to potential security breaches in real time, minimizing risks and ensuring data integrity. The emphasis on cybersecurity analytics is expected to drive further adoption of ITOA solutions. Edge Computing and IoT: The proliferation of Internet of Things (IoT) devices and the rise of edge computing are generating vast amounts of data at the network's edge. ITOA solutions are being designed to process and analyze this data closer to its source, enabling faster decision-making and reducing latency. Data Visualization and User-Friendly Interfaces: Modern ITOA tools are focusing on delivering intuitive dashboards and data visualization capabilities. These features simplify complex data sets, making it easier for IT teams to derive insights and make informed decisions. Market Size and Share Data Bridge Market Research analyzes that global Information Technology (IT) operations analytics market is expected to reach USD 264,419.00 million by 2031 from USD 24,922.59 million in 2023 growing with a CAGR of 34.6% in the forecast period of 2024 to 2031. North America currently holds the largest market share, driven by the presence of major technology companies and early adoption of advanced IT solutions. Europe and Asia-Pacific are also witnessing significant growth, with the latter expected to emerge as a key player due to rapid digital transformation and increasing investments in IT infrastructure in countries like China and India. Factors Driving Growth Digital Transformation Initiatives: Organizations across industries are embracing digital transformation to enhance their operational efficiency and customer experiences. This shift is creating a high demand for ITOA solutions that can optimize IT operations and support digital ecosystems. Rising Complexity of IT Environments: As businesses adopt new technologies such as AI, IoT, and cloud computing, their IT environments are becoming increasingly complex. ITOA tools help manage this complexity by providing comprehensive insights and enabling proactive management of IT resources. Demand for Real-Time Analytics: The need for real-time analytics is driving the adoption of ITOA solutions. Businesses require instant insights to respond to dynamic market conditions and ensure uninterrupted operations. Growing Emphasis on Cost Optimization: Cost optimization remains a top priority for organizations. ITOA solutions help reduce operational costs by automating routine tasks, predicting and preventing downtime, and optimizing resource allocation. Demand Outlook for 2031 The demand for ITOA solutions is expected to surge by 2031, fueled by technological advancements and the increasing reliance on digital infrastructures. Key sectors driving this demand include: Banking, Financial Services, and Insurance (BFSI): The BFSI sector is a significant adopter of ITOA solutions, leveraging them to enhance system performance, improve cybersecurity, and ensure compliance with regulatory requirements. Healthcare: In the healthcare industry, ITOA tools are being used to manage complex IT systems, ensure data security, and support telemedicine and remote patient monitoring services. Retail and E-Commerce: As the retail and e-commerce sectors continue to grow, ITOA solutions are being deployed to optimize online platforms, manage supply chains, and enhance customer experiences. IT and Telecommunications: The IT and telecom sectors are heavily investing in ITOA tools to monitor network performance, predict and resolve issues, and ensure uninterrupted service delivery. Browse Trending Reports: https://aimarketresearch2024.blogspot.com/2024/12/lab-supplies-market-size-share-trends.html https://aimarketresearch2024.blogspot.com/2024/12/microbial-air-sampler-market-size-share.html https://aimarketresearch2024.blogspot.com/2024/12/tumor-necrosis-factor-inhibitor-drugs.html https://aimarketresearch2024.blogspot.com/2024/12/non-cardioselective-beta-blockers_16.html Conclusion The Information Technology Operations Analytics market is set to experience exponential growth by 2031, driven by advancements in AI, cloud computing, and IoT. Organizations are increasingly recognizing the value of ITOA solutions in optimizing IT operations, enhancing efficiency, and ensuring business continuity. As the market evolves, key trends such as AI integration, cloud adoption, and a focus on cybersecurity will shape its future trajectory. With increasing demand across various sectors, the ITOA market presents significant opportunities for businesses and investors alike. About Data Bridge Market Research: Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Contact Us: Data Bridge Market Research US: +1 614 591 3140 UK: +44 845 154 9652 APAC : +653 1251 975 Email: corporatesales@databridgemarketresearch.com" This release was published on openPR.
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