Tag Archives: signs

Wall Street Caught Off Guard by ‘Sticky’ CPI Signs: Markets Wrap

Wall Street Caught Off Guard by ‘Sticky’ CPI Signs: Markets Wrap

(Bloomberg) — Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Most Read from Bloomberg Equities pushed away from their all-time highs as the consumer price index topped estimates across the board. Treasuries sold off, with two-year yields hitting the highest since before the Fed’s December “pivot.” Swap traders ratcheted down their expectations for a central bank cut before July. The stock market’s… Source link

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Hamas shows signs of resurgence in parts of Gaza where Israeli troops largely withdrew weeks ago

Hamas shows signs of resurgence in parts of Gaza where Israeli troops largely withdrew weeks ago

RAFAH, Gaza Strip (AP) — Hamas has begun to resurface in areas where Israel withdrew the bulk of its forces a month ago, deploying police officers and making salary payments to some of its civil servants in Gaza City in recent days, four residents and a senior official in the militant group said Saturday. Signs of a Hamas resurgence in Gaza’s largest city underscore the group’s resilience despite Israel’s deadly air and ground campaign in the four months since the Oct. 7 attack on Israel… Source link

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Bing Search shows few, if any, signs of market share increase from AI features

Bing Search shows few, if any, signs of market share increase from AI features

Microsoft Not quite one year ago, Microsoft announced a “multi-year, multi-billion dollar investment” in OpenAI, a company that had made waves in 2022 with its ChatGPT chatbot and DALL-E image creator. The next month, Microsoft announced that it was integrating a generative AI chatbot into its Bing search engine and Edge browser, and similar generative AI features were announced for Windows in the apps formerly… Source link

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Four worrying signs for the Russian economy — The Bell — Eng

Four worrying signs for the Russian economy — The Bell — Eng

The Russian economy is approaching the end of 2022 in a far better state than many had anticipated in the spring following the invasion of Ukraine and ensuing Western sanctions. The fall in GDP has only amounted to about 3% or even less, and the U.S. dollar is still trading at less than 65 rubles. Even the Western ban on high-tech imports, although challenging, has proved manageable. But none of this means that Russia’s economy is out of the woods: many risks still remain. We asked… Source link

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Yandex signs up Putin ally to help with restructuring • The Register

Yandex signs up Putin ally to help with restructuring • The Register

Ten days after Yandex confirmed a review of its operations that include moving IP out of Russia and selling much of the remainder locals, it has hired an ally of President Vladimir Putin to help out with the restructure. Alexei Kudrin, described as a longtime Putin ally and who resigned as head of Russia’s Audit Chamber last week, has confirmed that he will be joining Yandex to advise on corporate development. Kudrin was appointed as finance minister in 2000 when Putin started his first… Source link

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