Treasury Yields Boosted By U.S. Data, Powell Remarks
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Treasury yields hold steady despite data showing U.S. is about to face serious headwinds
Rates on U.S. government debt were slightly higher Friday morning even after Conference Board data pointed to softer economic conditions ahead.MarketWatch - Business -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Fed’s Powell tests positive for COVID-19 for second time
Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.MarketWatch - Business -
The Secrets to Jurgen Klopp’s Remarkable Success at Liverpool
Those who helped him rebuild the club explain what makes him thrive ahead of his departure.The New York Times - Sports -
Vermont makes waves on data privacy
The Hill's weekly technology news digest. {beacon} Friday, May 17, 2024 Welcome to Tech Friday, a new joint project of The Hill and Pluribus News covering tech policy across government. Sign up to receive The Hill's newsletters here. Rather ...The Hill - Politics -
Whoopi Goldberg on Harrison Butker remarks: 'These are his beliefs and he’s welcome to them'
"The View" co-host Whoopi Goldberg defended Kansas City Chiefs kicker Harrison Butker, who is under fire for suggesting women should prioritize being a homemaker over their career ambitions. “These are his beliefs and he’s welcome to them," ...The Hill - Politics -
Fox anchor applauds Kansas City Chiefs kicker's controversial remarks
Fox News anchor Laura Ingraham applauded Kansas City Chiefs kicker Harrison Butker on Thursday after he gave controversial speech including remarks on women in the workforce. Butker’s commencement speech at Benedictine College made clear his ...The Hill - Politics - NFL -
Reddit to Give OpenAI Access to Its Data in Licensing Deal
The deal will give the artificial-intelligence startup access to Reddit’s data.The Wall Street Journal - Tech -
Federal Reserve Chair Jerome Powell working from home after positive COVID-19 test
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing symptomsABC News - Top stories - Federal Reserve -
Chargers mock Chiefs kicker after remarks about women giving up careers
The Los Angeles Chargers took a swipe at Kansas City Chiefs kicker Harrison Butker, who is facing backlash over recent comments in which he suggested women prioritize being a homemaker over pursuing a career. Shortly after the NFL released its ...The Hill - Politics - NFL -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
The end of centralized data? Samsung teams with Expanso on distributed processing
Enables teams to analyze data in situ, reducing the operational overhead of replicating data centers or managing data movement between cloudsVentureBeat - Tech -
Snowflake invests in Metaplane to solve data quality issues plaguing AI development
The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.VentureBeat - Tech -
Weka scores $140M to supercharge AI workloads with ‘dynamic data pipelines’
With this funding, Weka will augment its cash reserves from previous rounds and work towards scaling the business to meet the demand for AI infrastructure in the wake of the generative AI boom.VentureBeat - Tech -
Dollar Strengthens Amid Hawkish Fed, Dovish BoJ
The WSJ Dollar Index rises slightly as Fed officials pushed back against the idea that recent soft U.S. economic indicators make interest rate cuts this summer more likely.The Wall Street Journal - World -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Reddit OpenAI deal highlights demand for the social-media platform’s data
Reddit already has a longstanding partnership with Google, and more deals may be in the pipeline, says Deutsche Bank.MarketWatch - Business -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
Unified API Recall pulls conversational data from Zoom and Google Meet to power AI bots
Since its launch, Recall has roped in over 300 companies from different industries, ingesting millions of hours of conversational data and powering downstream AI applications.VentureBeat - Tech - Google -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
Watchdog: EPA's lead pipe fix sent about $3 billion to states based on unverified data
The Environmental Protection Agency watchdog says the agency distributed about $3 billion to states last year to replace harmful lead pipes based on unverified dataABC News - Health -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business