High Tech Economic Engine Balks
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Americans' economic confidence slips
Presented by BP — {beacon} View Online Business & Economy Business & Economy PRESENTED BY The Big Story Americans' economic confidence slips Americans’ confidence in the economy has slipped for the first time since the fall, a survey by Gallup ...The Hill - Politics -
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - Business - Europe -
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - World - Europe -
Is Big Tech's Spending Stifling AI Startups Innovations?
Critics say technology giants' multibillion-dollar spending on AI infrastructure makes it hard for startups to compete.Inc. - Business -
Nvidia launches tech update for ChatRTX AI chat
A new update for Nvidia ChatRTX is available for download today.VentureBeat - Tech - Artificial Intelligence -
Tech, Media & Telecom Roundup: Market Talk
Find insight on Fastly, Universal Music Group and more in the latest Market Talks covering the Tech, Media & Telecom sector.The Wall Street Journal - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
One Tech Tip: How to repair an electric toothbrush
Toothbrushes used to be simple, powered only by your hand so they never broke downABC News - Tech -
The Marijuana Industry Hopes for New Highs
The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years for such a change.The New York Times - Business -
Economic confidence slips for first time since last fall: Gallup
Americans’ confidence in the economy has dropped nine points since last month, the first time it has slipped since the fall, a survey by Gallup found. The Gallup Economic Confidence Index, which summarizes the public’s view on the current economic ...The Hill - Politics -
Argentina president’s scaled-down economic package wins approval in lower house
Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.MarketWatch - Business -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - Business -
Georgia cracks down on pro-EU protesters in Russia pivot
Clashes come after rare appearance by ruling party founder Bidzina Ivanishvili criticising the westFinancial Times - World - Russia -
Adults, not students, are America’s problem
Campus protests are being routinely mishandledFinancial Times - Business -
Tory candidates distance themselves from Sunak ahead of local elections
Mayoral and council hopefuls in UK opt for different colours on campaign material and avoid references to partyFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Biden’s worst-case economic scenario is unfolding at the worst possible time
The economic growth that the administration hoped would at least outstrip inflation’s increase — and reverse some of that cumulative effect — is not.The Hill - Politics - Joe Biden -
Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race
Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.The New York Times - Tech -
In Race to Build A.I., Tech Plans a Big Plumbing Upgrade
The spending that the industry’s giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.The New York Times - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
Amazon Prime ads help tech giant drive profits
The tech giant did better than expected in many areas of its business.BBC News - Top stories - Amazon -
Most Companies Lack Tech Needed to Meet Sustainability Reporting Requirements
Almost nine out of 10 tech and sustainability leaders say they need to adopt better technology, according to a Bain & Co. survey.The Wall Street Journal - World -
How working for Big Tech lost 'dream job' status
Mass layoffs have eroded the shine of the tech industry.CNBC - Business -
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TikTok Broke the Tech Law Logjam. Can That Success Be Repeated?
For years, federal lawmakers have tried to pass legislation to rein in the tech giants. The TikTok law was their first success.The New York Times - Tech - Tiktok -
The US Government Is Asking Big Tech to Promise Better Cybersecurity
The Biden administration is asking tech companies to sign a pledge, obtained by WIRED, to improve their digital security, including reduced default password use and improved vulnerability disclosures.Wired - Tech -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
OpenAI's Sam Altman and Other Tech Leaders to Serve on AI Safety Board
The panel will advise the Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure.The Wall Street Journal - Tech -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Top stories -
Home prices reach record highs again in February
Home prices in February increased by 6.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller national home price index, released Tuesday. In January, home prices jumped by 6 percent year over year, according to the index, the ...The Hill - Politics -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Business -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - World -
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UK inflation: From too high, to too low?
Time to ease the squeezeFinancial Times - World - United Kingdom -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - Business -
US warns rates to stay high as it battles inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.BBC News - Top stories -
Gilbert & Wilson level in high-quality semi-final
David Gilbert and Kyren Wilson split the opening eight frames of their World Snooker Championship semi-final in Sheffield.BBC News - Top stories -
Ørsted boss warns on high prices for renewable energy
Danish wind developer chief Mads Nipper says project costs heightened by elevated interest ratesFinancial Times - Business -
Fantasy Baseball Trade Analyzer: Buy low/high and sell low/high candidates as we flip to May
With the calendar turning to May, fantasy baseball analyst Fred Zinkie offers some trading tips to managers looking to shake things up.Yahoo Sports - Sports