Tag: coding

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NY Fed: Inflation Expectations Steady in January Amid Spending Softening

Recent surveys show that U.S. consumers expect near-term inflation to remain stable, at around 3%. However, they predict increases in certain categories, such as food, gas, and housing. Despite these concerns, long-term inflation expectations also remain steady.

McDonald's Misses Earnings, Plans Value Push in 2025

McDonald's Misses Q4 Expectations: Revenue Declines, E. Coli Outbreak Impacts US Sales. Global same-store sales rise 0.4%, but US sales fall 1.4%. Company focuses on value menu and innovation for 2025.

Disney Drops DEI Programs After Trump Administration Action

Disney removes diversity initiatives amid federal crackdown, political backlash

Elon Musk Says Federal Reserve Should Be Audited

Billionaire Elon Musk suggests the Federal Reserve should undergo closer scrutiny, echoing comments from former Congressman Ron Paul.

Macron: France 'in the race' for artificial intelligence

French President Emmanuel Macron says France is in the race for artificial intelligence. He urges attendees at the Paris AI Action Summit to choose Europe for their business needs, highlighting France's clean electric power supply as an advantage.

Former UBS Whistleblower Suffers Setback in Retaliation Lawsuit

A former UBS bond strategist who won a jury verdict over retaliation for whistleblowing has now had that verdict thrown out by an appeals court.

Elon Musk Calls for Greater Scrutiny of Federal Reserve

Tech mogul and government disruptor Elon Musk has called for greater scrutiny of the Federal Reserve, including a full audit, ahead of Fed Chair Jerome Powell's testimony to Congress.

AI's Impact on the Workplace: Perspectives from Economic Leaders

Artificial intelligence (AI) is on the rise, and businesses are looking to utilize it in the coming years. A variety of economic leaders share their perspectives on AI's place in the workforce. Some believe AI will create more jobs, while others believe it will eventually replace many jobs.

Dollar Strengthens as Trump Tariffs Jolt Markets, Gold Hits Record

Dollar strengthens as Trump's steel and aluminum import tariffs shake markets, pushing gold to record high. US stock futures rebound, metals stocks surge, and BP shares jump on activist investment stake news.

EU warns of united response to possible US trade restrictions

Europe prepared to act against trade restrictions, Habeck says