S&P 500 Gains and Losses Today: Tech Outperformance Boosts Index to Record High The S&P 500 jumped 1.2% on Wednesday, June 5, 2024, as a slowdown in hiring by private employers increased rate-cut optimism and tech stocks outperformed. 06/5/2024 - 10:02 am | View Link
Weekly Commentary: Thesis Corroboration It was an eventful week worthy of some dissection. Markets for the most part corroborated the "higher for longer" and rising global yields thesis. Ample volatility supports the heightened currency ... 05/31/2024 - 10:55 pm | View Link
Fed inflation gauge eases in April, adding to faint autumn rate-cut hopes Inflation pressures are easing but the pace of progress is slow amid a resilient economy and a robust job market. 05/31/2024 - 6:00 am | View Link
US inflation up moderately in April, consumer spending weakens It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected. 05/31/2024 - 5:02 am | View Link
April Inflation News Is Small Step in Right Direction for Fed But it doesn’t make the situation look any worse, and represents slow progress toward the Fed’s goals. The PCE price index in April was up by 0.3%, or 0.25660% before rounding, for the slowest pace ... 05/31/2024 - 3:24 am | View Link
Office layout could be the key to making multiple generation workplaces more inclusive
There’s a new book on longevity that will make you question how prepared the workplace is for the rising population of adults over 60. The book is entitled, The Longevity Imperative: How to Build a Healthier and More Productive Society to Support Our Longer Lives by Andrew Scott.
The Reddit celebrity trader’s first live stream in three years apparently wasn’t enough to save the video game retailer’s share price on Friday.
On Friday morning, GameStop unexpectedly reported its first-quarter earnings. The report, which had been scheduled for June 11, revealed sales dropped 28% to $881.8 million from $1.24 billion in the same period last year.
The generative AI boom has eroded trust between creatives and Silicon Valley. Adobe’s latest misstep adds more fuel to the fire.
Adobe is in hot water once again. Yesterday, a dialog box popped up on the screens of users all around the world, informing them of updated my-way-or-the-highway terms of use that couldn’t be appealed or disagreed with if they wanted to keep using Photoshop or Adobe’s Creative Cloud suite of tools.
The Agility Robotics CEO talks humanoids, AR, and startup culture on the latest episode of the ‘Rapid Response’ podcast.
In the era of AI, are Hollywood’s threatening sci-fi robots poised to come to life? Peggy Johnson, CEO of Agility Robotics, separates hype from reality, explaining how Agility’s humanoid robot, Digit, is entering the industrial workforce today.
Big ticket items from Home Depot and Best Buy have failed to attract shoppers.
Investors are scouring U. S. credit card spending patterns to size up which, if any, trends could give specialty retailers a boost in the summer months.
Banks have been eager to use generative AI since the launch of ChatGPT.
The boom in artificial intelligence will increase banks’ dependence on big U. S. tech firms, creating new risks for the industry, European banking executives said.