Tag: coding

Goldman Sachs raises its year-end gold price target to $3,100 an ounce, citing "structurally higher" central bank demand and a slight boost from ETF holdings.

Published on: February 18, 2025, 02:01 PM UTC

Elon Musk's xAI launches Grok-3 chatbot to compete in AI race, offering open-source commitment and advanced search engine.

Published on: February 18, 2025, 02:00 PM UTC

President Trump's promise to curb inflation becomes more difficult after the hotter-than-expected Consumer Price Index (CPI) for January. The report pressured stocks and raised bond yields, as investors perceived a lower probability of interest rate cuts. Economist Nouriel Roubini warns that even keeping interest rates on hold could lead to conflict between Trump and the Federal Reserve. Despite Trump's repeated calls for lower rates, Federal Reserve Chair Jerome Powell has signaled a cautious approach to rate cuts. Experts express concern that Trump's proposed policies, including tariffs, could exacerbate inflationary pressures and harm economic growth.

Published on: February 18, 2025, 01:03 PM UTC

Rising debt levels, especially in car loans and credit cards, are causing financial stress for many Americans year-round, not just during the holiday season. Serious delinquency rates are at 14-year highs, and credit counselors are seeing more people struggling with unaffordable car payments and relying on credit cards for basic living expenses. Experts warn that the strain could get worse due to high credit card interest rates and uncertainty over future inflation. It's crucial to seek help from nonprofit credit counselors early on to avoid more severe financial difficulties.

Published on: February 18, 2025, 12:03 PM UTC

Low-cost airlines face an uncertain future as rising costs and passenger preferences shift. Spirit Airlines rejects acquisition proposal from Frontier, while industry prospects dim due to competition and expenses.

Published on: February 18, 2025, 12:02 PM UTC

President Trump's hopes for inflation relief hit a snag with a hotter-than-expected CPI report, putting pressure on stocks and challenging the Fed's rate-cut plans. Experts warn of potential conflicts with the Fed and the risk of a market correction if "bad policies" are pursued.

Published on: February 18, 2025, 11:03 AM UTC

Why Netflix and Amazon are going big on live sports and events to avoid viewer churn. Plus: How sports content has a major advantage over scripted and unscripted streaming service siblings.

Published on: February 18, 2025, 11:02 AM UTC

Japanese companies are issuing record-breaking amounts of local-currency bonds, driven by a rebounding economy and anticipation of higher interest rates. The increased bond issuance reflects broader changes in the country, including the end of the ultra-loose monetary policy, improved corporate governance, and a wider surge in dealmaking.

Published on: February 18, 2025, 10:00 AM UTC

Emerging market investors question the upside potential of Ukraine's bonds amid NATO clashes and ongoing peace negotiations, which exclude Kyiv and limit Europe's role, raising concerns for investors.

Published on: February 18, 2025, 10:00 AM UTC

London court approves rescue loan for Thames Water, giving it breathing room in restructuring talks with lenders.

Published on: February 18, 2025, 10:00 AM UTC