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Stocks open higher as Fed-favored inflation data comes in cool: Stock market news today

Jennifer DuBois -
Stocks rose at the open on Friday, as Wall Street digested a fresh read on the Federal Reserve's preferred inflation gauge that could...
Business

Hey Zuck, Get Those Robots out of My Social Feed

Jennifer DuBois -
When I bring up these concerns to Meta’s VP of generative AI, Ahmad Al-Dahle, post-keynote, he accuses me of having “a dystopian point...
Business

Political leaders urged to support businesses navigate ‘seismic’ period promising transformational benefits for international trade

Jennifer DuBois -
On the eve of the Conservative and Labour Party Conferences, new analysis reveals the acute need for greater support to help British businesses...
Business

UK households face tax rise of £3,500 a year by next election, thinktank IFS finds

Jennifer DuBois -
UK households are facing an average tax rise of £3,500 a year by the next election, the country’s leading economics thinktank has said...
Business

UK mortgage approvals drop to six-month low in August

Jennifer DuBois -
Mortgage approvals fell to the lowest level in six months in August as prospective homeowners stayed away from the property market and average...
Business

Intel hails ‘landmark’ as high-volume EUV production begins at Irish plant

Jennifer DuBois -
Chipmaker Intel said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at its $18.5 billion plant in Ireland,...
Business

Quant Who Told His Mom to Sell Nvidia Hasn’t Heard the End of It

Jennifer DuBois -
(Bloomberg) -- When Jason Hsu saw Nvidia Corp. rally above $250 a share earlier this year, he gave his mom what he thought...
Business

UK economy grew faster than Germany and France after Covid

Jennifer DuBois -
The UK economy is far bigger than before the Covid-19 crisis than first thought, with the country’s growth outpacing Germany and France, new...
Business

Futures Rise With Inflation Data Due; When To Start Buying

Jennifer DuBois -
Dow Jones futures rose in premarket trade, along with S&P 500 futures and Nasdaq futures, with Treasury yields falling. But the Fed's favorite...
Business

Local pubs deliver invaluable socio-economic value, ministers must act to save them – new report highlights

Jennifer DuBois -
Government must give pubs which serve as the beating hearts of their communities greater support with tax rebates to safeguard the nation’s locals...
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