AI bear case
Tech giants to spend $1tn on AI, but skeptics doubt transformative potential due to high costs and limited capabilities. Will it pay off?
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Tech giants to spend $1tn on AI, but skeptics doubt transformative potential due to high costs and limited capabilities. Will it pay off?
Argentina is making economic reforms to reduce imbalances and control inflation, while Chile is seeing growth driven by copper demand.
Malawi farmers struggle with unpredictable weather and failing crops. Research shows intercropping legumes in deep beds improves soil fertility and yields.
Statistics Canada to release GDP figures for March and Q1 today. U.S. reports 'unprecedented' human smuggling from B.C. Interest rate cut may boost shopping.
RBI keeps interest rate at 6.5% as India's economy shows strong growth, aiming for 7% GDP growth in 2024-25.
Middle East Women Initiative highlights 'Investing in Women' theme this International Women's Day, addressing poverty, green economies, and feminist change-makers.
Asian markets fell as US stock indexes closed in the red ahead of key inflation data. Indian GDP data to be released.
Report shows Britain's green economy grew in 2023 despite a recession, with investments in climate-friendly technology and energy sources increasing.
Hungary approves Sweden's Nato membership, marking a historic shift in Sweden's security policy and a significant expansion for the alliance.
Former Democrat Tulsi Gabbard attacked NATO, but retired Marine Col. Amy McGrath shut her down. Gabbard is a sellout to her country.
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Traders await Bank Negara Malaysia's meeting as the ringgit opens lower against the US dollar. US GDP figures may impact currencies.
India's MSME sector is evolving into a more equitable and empowering space for women, thanks to the UDAY-PRIDE project.
Brazil's economy declined in Q3, reversing a positive trend due to the farming sector. Forecasters expect further contraction.
US Dollar Index retreats as US Treasury yields decline, while crude oil prices rise following US military strikes on Iranian targets in Syria.
Bitcoin surges as speculation grows about the approval of a bitcoin exchange-traded fund in the United States.
Inflation is expected to be lower in the coming months, but elevated gasoline prices and labor movements could put upward pressure on prices.
Conservative lawmakers proposed a bill to fund the government through October 31, but the Senate and some House lawmakers aren't onboard. A government shutdown could happen in 13 days.
Talks between UPS and the International Brotherhood of Teamsters have fallen apart, increasing the possibility of a strike when the current contract expires at the end of July. The strike could disrupt deliveries and raise shipping costs. The union is pushing for better wages, benefits, and workplace protections, as well as an end to a dual-wage system. UPS made $11.5 billion in net income in 2022. The last time UPS Teamsters went on strike was in 1997.
Nikola Jokić and Giannis Antetokounmpo challenge traditional perspectives on success in sports.
Ever wondered about what kind of news content comes under the topic of Gross Domestic Product (GDP)?
GDP is essentially the pulse rate of a country's economy - an omnipotent indicator denoting economic health. Its changes and fluctuations could herald prosperity or ring alarms depending upon whether we're in an uptrend or a downturn, respectively.
Why are these numbers so crucial? Let me break it down for you. When GDP grows positively, your everyday news bulletins might be peppered with words like 'boom,' 'expansion,' or 'progress.' This generally implies more jobs, better wages, increased consumer spending — to put simply; everyone's happy! But when GDP slumps (cue ominous music), terms like ‘recession,’ ‘stagnation,’ and ‘contraction’ start making headlines. Making sense now? If you've ever read articles discussing inflation trends or unemployment rates, then congratulations! You have digested pieces synonymous with GDP-related news content! These elements work hand-in-hand – they’re like different ingredients coming together to form this diverse cocktail we call 'modern economics'. Understand that every significant stride we make as a society – our technological advancements, environmental efforts made towards carbon neutrality — can bring seismic shifts impacting our macroeconomic landscape. Therefore, keeping tabs on how the measures affect our GDP becomes critical. This begs another interesting question: Why not utilize such indispensable data to decipher market sentiments? You see financial analysts using these figures routinely in their studies. Of course they do! After all, understanding where an economy is headed provides them insights into potential investment opportunities carefully hidden within those gigantic digits. Are there risks involved? Certainly; just as tasting uncooked dough doesn’t guarantee delicious cookies later. In conclusion: whether it’s growth predictions for industrial sectors; statements from Federal Reserve on interest rates; govt.’s budget allocation plans… each fragment presents a unique piece fitting into this complex puzzle called GDP growth trend.