Inflation Data
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Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Metals Mixed Ahead of Key U.S. Data
Base metals prices ticked higher while gold fell slightly as traders awaited key U.S. economic and inflation data for further clues on the Fed’s monetary-policy trajectory.The Wall Street Journal - World -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test for ovarian and endometrial cancers.MarketWatch - Business -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Snorkel Flow update makes it easier to use enterprise data with Llama 3, Gemini AI
Snorkel Flow now supports on-premise and air-gapped access to foundation models, allowing for greater compliance and data security.VentureBeat - Tech -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Below-Forecast U.S. Data Could Weaken Dollar, Lower U.S. Treasury Yields
The dollar could weaken and Treasury yields decline if key U.S. data on Thursday and Friday come in below expectations, BDSwiss said.The Wall Street Journal - World