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CNBC Daily Open: Worries over rate cuts persist: While most members believed rates were "likely at their peak," there was still uneasiness over the inflation ...
cnbc.com/2024/02/22/cnbc-daily-open-worries-over-rate-cuts-persist.html
CNBC Daily Open: Worries over rate cuts persist
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CNBC Daily Open: Wariness over rate cuts lingers: While most members believed rates were "likely at their peak," there was still uneasiness over the inflation ...
cnbc.com/2024/02/22/cnbc-daily-open-wariness-over-rate-cuts-lingers.html
CNBC Daily Open: Wariness over rate cuts lingers
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CNBC Daily Open: Is the final leg of inflation fight the hardest?: Economists continue to push that notion in the face of recent troubling economic data.
cnbc.com/2024/02/21/cnbc-daily-open-is-the-final-leg-of-inflation-fight-the-hardest.html
CNBC Daily Open: Is the final leg of inflation fight the hardest?
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CNBC Daily Open: Worries over rate cuts persist: While most members believed rates were "likely at their peak," there was still uneasiness over the inflation ...
cnbc.com/2024/02/22/cnbc-daily-open-worries-over-rate-cuts-persist.html
CNBC Daily Open: Worries over rate cuts persist
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CNBC Daily Open: Wariness over rate cuts lingers: While most members believed rates were "likely at their peak," there was still uneasiness over the inflation ...
cnbc.com/2024/02/22/cnbc-daily-open-wariness-over-rate-cuts-lingers.html
CNBC Daily Open: Wariness over rate cuts lingers
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CNBC Daily Open: Is the final leg of inflation fight the hardest?: Economists continue to push that notion in the face of recent troubling economic data.
cnbc.com/2024/02/21/cnbc-daily-open-is-the-final-leg-of-inflation-fight-the-hardest.html
CNBC Daily Open: Is the final leg of inflation fight the hardest?
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CNBC Daily Open: Is the battle against inflation getting tougher?: Economists continue to push that notion in the face of recent troubling economic data.
cnbc.com/2024/02/21/cnbc-daily-open-is-the-battle-against-inflation-getting-tougher.html
CNBC Daily Open: Is the battle against inflation getting tougher?
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CNBC Daily Open: U.S. consumers stay bullish on the economy: The latest University of Michigan survey for February showed consumer sentiment index rose 0 ...
cnbc.com/2024/02/20/cnbc-daily-open-us-consumers-stay-bullish-on-the-economy.html
CNBC Daily Open: U.S. consumers stay bullish on the economy
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CNBC Daily Open: U.S. consumers upbeat on the economy: The latest University of Michigan survey for February showed consumer sentiment index rose 0 ...
cnbc.com/2024/02/20/cnbc-daily-open-us-consumers-upbeat-on-the-economy.html
CNBC Daily Open: U.S. consumers upbeat on the economy
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CNBC Daily Open: Is progress on inflation stalling?: That's the fear gripping Wall Street as another inflation gauge on Friday came in hotter-than-expected.  
cnbc.com/2024/02/19/cnbc-daily-open-is-progress-on-inflation-stalling.html
CNBC Daily Open: Is progress on inflation stalling?
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CNBC Daily Open: Fears over yet another hot inflation gauge: That's the fear gripping Wall Street as another inflation gauge on Friday came in ...
cnbc.com/2024/02/19/cnbc-daily-open-fears-over-yet-another-hot-inflation-gauge-.html
CNBC Daily Open: Fears over yet another hot inflation gauge
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Companies — profitable or not — make 2024 the year of cost cuts: The largest U.S. companies are cutting jobs and reducing expenses as Americans pull back after a ...
cnbc.com/2024/02/18/companies-2024-cost-cuts.html
Companies — profitable or not — make 2024 the year of cost cuts
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Stock market today: Indexes rise to close best week since November: US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite ...
markets.businessinsider.com/news/stocks/stock-market-news-today-earnings-pce-tech-rally-nasdaq-alphabet-microsoft-2024-4
Stock market today: Indexes rise to close best week since November
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Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Stock market sell-off has 'further to go,' JPMorgan warns
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Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap: Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a ...
dailymaverick.co.za/article/2024-04-25-stocks-hit-as-gdp-brings-worst-of-both-worlds-markets-wrap/
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap
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Alphabet Beats Revenue Estimates as AI Fuels Cloud Growth: Alphabet Inc. reported first-quarter revenue that exceeded analysts’ expectations ...
trib.al/7eLNkfq
Alphabet Beats Revenue Estimates as AI Fuels Cloud Growth
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Microsoft, Alphabet (MSFT, GOOG) Gain After AI Fuels Cloud Computing Demand: Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on ...
bloomberg.com/news/articles/2024-04-26/microsoft-google-gain-after-ai-fuels-cloud-computing-demand
Microsoft, Alphabet (MSFT, GOOG) Gain After AI Fuels Cloud Computing ...
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
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Google Earnings Handily Beat Wall Street Targets. Google Stock Dividend Approved.
investors.com/news/technology/google-earnings-google-stock-news-q12024/
Google Earnings Handily Beat Wall Street Targets. Google Stock Dividend ...
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Microsoft (MSFT), Alphabet (GOOGL) Face a ‘Show Me’ Moment After Meta Misfire: The stakes are high as two of the biggest artificial intelligence players prepare ...
bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire
Microsoft (MSFT), Alphabet (GOOGL) Face a ‘Show Me’ Moment After Meta ...
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West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
West is best? How we stack up against Australia
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Google scraps minimum wage, benefits rules for suppliers and staffing firms: Alphabet Inc's Google on Friday said it will roll back requirements that U.S ...
reuters.com/technology/google-scraps-minimum-wage-benefits-rules-suppliers-staffing-firms-2024-04-19/
Google scraps minimum wage, benefits rules for suppliers and staffing ...
Quick Glance: Google to Remove Minimum Wage and Benefits Rules for Suppliers and Staffing Firms
  • Alphabet Inc's Google will roll back requirements for U.S. suppliers and staffing firms to pay their employees at least $15 an hour and provide health insurance and other benefits.

  • These updates are designed to comply with shifting U.S. and global labor regulations related to contingent workers.

  • The company is committed to ensuring vendors and staffing firms prioritize safe working conditions and compliance with legal standards.

  • This decision follows the U.S. National Labor Relations Board's ruling that Google is considered a 'joint employer' of workers from staffing firm Cognizant Technology Solutions.
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Nasdaq and the S&P had their best weeks since November as Google joins the $2 trillion club
qz.com/dow-jones-nasdaq-alphabet-google-stock-market-cap-ai-1851439404
Nasdaq and the S&P had their best weeks since November as Google joins the ...
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SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
SF sales down 28% from 2019. What sectors and areas were hit hardest?
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Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Eurozone economy grows surprisingly strongly
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RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
RBA to ‘increase interest rates three times’
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
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Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Cash: Germans' assets at record value - Daily money is also popular
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
  • German private individuals hold a net wealth of 7716 billion euros.

  • Stocks and investment funds saw significant gains in the last quarter.

  • Cash and bank deposits remain the largest component of wealth.

  • Household net wealth increases by 244 billion euros to 5560 billion euros.
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Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
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Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
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UBS Slashes View on ‘Big 6’ Tech Stocks (AAPL, META, NVDA) as Earnings Slows: Big tech companies are running out of steam as the earnings momentum once enjoyed ...
bloomberg.com/news/articles/2024-04-22/ubs-slashes-view-on-big-6-tech-stocks-aapl-meta-nvda-as-earnings-slows
UBS Slashes View on ‘Big 6’ Tech Stocks (AAPL, META, NVDA) as Earnings ...
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Tech giants are spending more on AI amid slow returns, and that's spooking investors
techspot.com/news/102739-tech-giants-spending-more-ai-amid-slow-returns.html
Tech giants are spending more on AI amid slow returns, and that's ...
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Google Suspends Workers Protesting $1.2 Billion Israeli Contract: Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against ...
dailymaverick.co.za/article/2024-04-18-google-suspends-workers-protesting-1-2-billion-israeli-contract/
Google Suspends Workers Protesting $1.2 Billion Israeli Contract
Quick Glance: Google restructuring operations and relocating roles to 'hubs' to fund AI investments
  • Google is implementing staff layoffs and transferring certain roles to 'hubs' to secure funds for artificial intelligence investments.

  • The finance and real estate teams are being affected by the downsizing, with some roles being moved overseas.

  • Through the consolidation of finance teams in Bangalore, Mexico City, Dublin, Chicago, and Atlanta, Google aims to enhance efficiency and operate around the clock.

  • The restructuring is driven by the substantial shift towards artificial intelligence in the tech industry, prompting Google to allocate more resources to this domain.
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Magnificent Seven Earnings Arrive With Stocks at Critical Moment: Big Tech earnings arrive next week, right in time for investors looking for an artificial ...
bloomberg.com/news/articles/2024-04-20/magnificent-seven-earnings-arrive-with-stocks-at-critical-moment
Magnificent Seven Earnings Arrive With Stocks at Critical Moment
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Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount
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Robotaxi drives for a long time in oncoming traffic: Waymo talks about risk avoidance
heise.de/news/Robotaxi-faehrt-lange-im-Gegenverkehr-Waymo-spricht-von-Risikovermeidung-9694365.html
Robotaxi drives for a long time in oncoming traffic: Waymo talks about ...
Quick Glance: Waymo Robotaxi Incident with Unicyclists in San Francisco
  • A self-driving Waymo taxi in San Francisco was filmed passing unicyclists and scooters, driving down the wrong side of the street.

  • The incident occurred at the intersection of Mission and First in the South of Market district around 9:30 PM PT on Friday, where a crowd of electric-powered unicyclists and other riders were flowing down the street.

  • The footage shows the cycling crowd crossing an intersection, with the Waymo taxi following closely behind, initially staying in the right lane but then shifting into the left lane to pass the group.

  • After a tense moment, a brave unicyclist forced the car to stop by pulling out in front of it, allowing the Waymo to return to the correct lane. The incident caused controversy and raised concerns about Waymo's safety protocols.
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Google-Backed AI Firm Is Hong Kong’s Latest Stock Debut Flop: Mobvoi Inc., a Chinese artificial intelligence developer backed by Alphabet Inc.’s Google ...
bloomberg.com/news/articles/2024-04-24/google-backed-ai-firm-is-hong-kong-s-latest-stock-debut-flop
Google-Backed AI Firm Is Hong Kong’s Latest Stock Debut Flop
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Apple Named a Top Pick for 2024 at BofA Ahead of Key Earnings: Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s ...
bloomberg.com/news/articles/2024-04-22/apple-named-a-top-pick-for-2024-at-bofa-ahead-of-key-earnings
Apple Named a Top Pick for 2024 at BofA Ahead of Key Earnings
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Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Mortgage rates top 7 percent for first time in 2024
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
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Google search boss warns employees of 'new operating reality,' urges them to move faster
cnbc.com/2024/04/23/google-search-boss-raghavan-warns-employees-of-new-operating-reality.html
Google search boss warns employees of 'new operating reality ...
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Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Stock market today: Dow drops 375 points after weak GDP data
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What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
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Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Financial assets of private households at a record high
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By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
By almost 20 percent: gas prices in Germany are rising again
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Google will spend more than $100 billion on AI, exec says: Just last month, Google DeepMind CEO Demis Hassabis said the billions of dollars being poured into AI ...
qz.com/google-spend-100-billion-ai-development-deepmind-ceo-1851412787
Google will spend more than $100 billion on AI, exec says
Quick Glance: Google to Surpass Microsoft in AI Investment, DeepMind CEO Affirms
  • Many of us have fallen under the spell of the foundation model in the past year and a half, triggered by OpenAI's unveiling of ChatGPT.

  • DeepMind, acquired by Google in 2014 for a reported £400-650 million, has achieved more impressive milestones than most.

  • Deep Mind's CEO Demis Hassabis confirmed at the TED 40th anniversary conference in Vancouver, Canada, that Google has no intention of slowing down investment in the technology, but rather the opposite.

  • Hassabis emphasized the need to avoid an artificial intelligence arms race that could lead to risky decisions and highlighted the importance of society starting to think about the types of architectures being built as we approach achieving artificial general intelligence.
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Iyo, the startup from Google X, challenges high-end audio devices: Google X's project Wolverine spun off into startup Iyo. It's working on an AI-powered hearing ...
businessinsider.com/iyo-google-x-moonshot-audio-devices-earbuds-2024-4
Iyo, the startup from Google X, challenges high-end audio devices
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Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
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Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
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Meta Debuts Llama 3, Latest AI Model for Training Chatbots: Facebook parent company Meta Platforms Inc. debuted a new version of its powerful Llama artificial ...
dailymaverick.co.za/article/2024-04-18-meta-debuts-llama-3-latest-ai-model-for-training-chatbots/
Meta Debuts Llama 3, Latest AI Model for Training Chatbots
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Biden needs to face facts: He’s still losing to Trump  : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
Biden needs to face facts: He’s still losing to Trump  
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Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
cnbc.com/2024/04/26/intel-dominated-us-chip-industry-now-struggling-to-stay-relevant.html
Intel used to dominate the U.S. chip industry. Now it's struggling to stay ...
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Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
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Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Escalating Middle East tensions a fresh jolt to world markets
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Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Biden's new take on inflation: Trump would be worse
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
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Tech's earnings bonanza this week shines spotlight on growing troubles at Tesla, Google
cnbc.com/2024/04/22/big-tech-keeps-prioritizing-ai-as-earnings-approach.html
Tech's earnings bonanza this week shines spotlight on growing troubles at ...
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March's inflation data had good and bad news about food: It's getting increasingly cheaper to eat at home.
axios.com/2024/04/10/march-cpi-food-inflation
March's inflation data had good and bad news about food
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If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
If the Reserve Bank were a football coach, it would have been sacked eons ...
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BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
BOJ to project inflation will stay around target, signal chance for rate ...
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Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Poll: Election interest hits new low in tight Biden-Trump race
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
  • The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.

  • The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.

  • Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.

  • The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
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Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
Singapore core inflation eases more than expected to 3.1% in March
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BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
BOJ keeps ultra-low rates, projects inflation near 2% for years
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Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year