The world’s biggest bond market sold off after another hot inflation report reinforced bets the Federal Reserve will be in no rush to cut rates even as some areas of the economy show signs of sluggishness. Treasury yields climbed and stocks retreated as the data underscored the Fed’s challenges in achieving its 2% inflation goal. … Read more
Stock Market Today: Dow, S&P Live Updates for March 13 Bloomberg Source link
The generative AI tools provided by Huiwa, operated by Alibaba subsidiary Hangzhou Lianfan Information Technology, enable merchants to create both text and graphics content. Alibaba owns the South China Morning Post. A merchant, for example, can input a brief description of a product, which prompts the tool to create customised content for marketing and promotion. … Read more
Stock Market Today: Dow, S&P Live Updates for February 15 Bloomberg Source link
Stock Market Today: Dow, S&P Live Updates for February 9 Bloomberg Source link
Forecasters who follow the US economy found themselves in a familiar place after a recent retail sales report: revising up their estimates for GDP. Quarterly data on gross domestic product due Thursday from the Bureau of Economic Analysis is expected to show the economy expanded at a 2% annual rate in the final three months … Read more
China looks all but certain to hit its growth goal of about 5% for 2023, shifting attention to whether deflation risks, the housing crisis and a lingering confidence crunch will derail efforts to build momentum this year. Data due on Wednesday will likely show China’s gross domestic product expanded 5.2% for the entirety of last … Read more
I’m Chris Anstey, a senior editor in Boston, and today we’re looking at what we learned from China’s latest economic data. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so … Read more
SHENZHEN, China, Dec. 8, 2023 /PRNewswire/ — As holiday season draws near, it’s about time to hit the stores again and surprise your loved ones. Whether it’s a gift of love and appreciation expressed during Christmas, or a good luck present to help that person embark on a brand New Year, we all want to … Read more
Working in concert with Ethic Ocean, the Association’s World Culinary Council will lobby European ministers to protect biodiversity PARIS, Dec. 5, 2023 /PRNewswire/ — The members of Relais & Châteaux’s World Culinary Council has voted to immediately remove eel from their own menus and are sending a call to action to the rest of the group’s … Read more