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Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Zepbound brings more weight loss than Wegovy: Drugmaker
Adults who take Zepbound lose more weight than those who take competitor weight loss drug Wegovy, according to new clinical trial results. Zepound manufacturer Eli Lilly released results from their ...The Hill - Dec. 4 -
Why a long-term CD is better than these 3 alternatives now
A long-term CD could be more beneficial than some popular alternatives in today's unique rate climate. Here's why.CBS News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
AWS now allows prompt caching with 90% cost reduction
AWS added Intelligent Prompt Routing and Prompt Caching to Bedrock in hopes of getting model usage prices down.VentureBeat - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
U.S. factory sector outlook still looks soft despite rise in October
Orders for manufactured goods posted the first increase after two straight monthly declines.MarketWatch - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Google DeepMind predicts weather more accurately than leading system
AI program GenCast performed better than ENS forecast at predicting day-to-day weather and paths of hurricanes and cyclones. For those who keep an eye on the elements, the outlook is bright: ...The Guardian - Dec. 4 -
US trails developed democracies in healthcare costs for older adults
Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...The Guardian - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
Lioncode launches test for ‘bullet heaven’ game Wildkeepers Rising
Lioncode Games announced a public alpha playtest for Wildkeepers Rising, an upcoming "bullet heaven" game set to debut in the spring of 2025.VentureBeat - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.The Wall Street Journal - Dec. 4 -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - Dec. 4 -
Welsh tuition fees to rise by nearly £300 a year
The rise is in line with an increase in England and is the second time fees have gone up in a year.BBC News - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
French bond yields rise as traders await no-confidence vote on government
The price Paris must pay to sell its debt rose early Wednesday ahead of a no-confidence vote on the government expected WednesdayMarketWatch - Dec. 4 -
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City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
Cooper Flagg Is on a Different Level. But the Competition Is Rising.
The Duke basketball phenom remains at the head of the class, but a flashy point guard from B.Y.U. is gaining attention.The New York Times - Dec. 4 -
Marvell’s stock rises on strong AI demand, but this trend may be just as big
Marvell’s results signal a gradually healthier business that’s about more than just the AI boom.MarketWatch - Dec. 4 -
Salesforce shares rise after earnings beat on revenue, fourth-quarter guidance
Salesforce reported its fiscal third-quarter earnings on Tuesday and posted strong fourth-quarter guidance.CNBC - Dec. 3 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
Spanish masterpiece resurfaces after being hidden for more than a century
Joaquín Sorolla’s Paris Boulevard was sold to a private collector in 1890 and disappeared from public view. A painting by Joaquín Sorolla , the Spanish artist renowned for his mastery of light , ...The Guardian - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Here's what the rise of homeowners associations means for buyers
Homeowners associations, or HOAs, are becoming more common. The biggest complaint among current owners is the cost, report finds.CNBC - Dec. 2 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2 -
Baking Show’s ‘Jack Sparrow’ Is More Artist Than Pirate
Dylan Bachelet lost in the finals of “The Great British Baking Show,” but he was a breakout star for his fashion as well as his baking. Now, he’s a professional chef.The New York Times - Dec. 2
