Tag: innovation

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Fed Officials Say Solid Job Market, Policy Uncertainty Warrant Caution on Rate Cuts

Federal Reserve officials note the strong job market but remain uncertain about the effects of new policies on economic growth and inflation, signaling no rush for interest rate cuts.

January Jobs Report: Unemployment Rate Falls to 4%, Wages Rise

The US labor market remained resilient in January, with unemployment falling to 4%, wages rising 4.1%, and job creation revised higher. Market pricing now suggests a 67% chance that the Fed will hold interest rates steady through its May meeting.

3 Software Stocks to Own for Decades

Three software stocks, PLTR, NOW, and ZS, are top picks for long-term investment due to their strong financial performance, growth potential, and ability to capitalize on the increasing demand for software solutions.

US Labor Market Continues to Show Resilience, Wages Rise

Despite lower-than-expected job creation in January, US unemployment falls to 4%, accompanied by strong wage growth and upward revisions to previous job gains, indicating labor market resilience and influencing Fed policy decisions.

Amazon Stock Falls 3% After Mixed Guidance and Capex Hike

Amazon stock (AMZN) fell 3% in premarket trading after mixed first-quarter guidance and promised big spending on AI infrastructure in 2025. Despite the miss, analysts remain bullish due to expected revenue growth in Amazon Web Services and a good quarter overall, with strong sales growth for AWS, improved operating profit margins, and accelerated growth in physical stores. Wall Street analysts rate Amazon as Buy or Overweight, with price targets ranging from $260 to $280, citing opportunities in AI, cloud computing, advertising, and subscription services.

Titan America Shares Rise in Debut

Titan America shares up 1.25% in NYSE debut, market cap reaches $2.99 billion

US inflation expectations rise to highest level since November 2023

Consumer sentiment plunges to its lowest in seven months, driven down by inflation concerns, according to the University of Michigan's consumer sentiment survey.

US Labor Market Stronger Than Expected, Unemployment Rate Falls to 4%

The unemployment rate in the US fell unexpectedly to 4% in January, while wages grew more than expected and December's job gains were revised higher.

Super Bowl Drives Record Wing Consumption, Boosts Pizza, Drinks and Snacks

Super Bowl LIX will see a surge in chicken wing and pizza consumption. Domino's and Wingstop are top picks for delivery, while Molson Coors and Mondelēz are expected to perform well among beverages and snacks. Inflation has impacted chicken wing prices, leading to moderate price increases to ensure supply.

20 Best Places to Visit in 2023

K-Beauty and Korean Skin-Care: All You Need to Know