Americans have become easy prey for hackers, scammers, snitches, spies, and con artists.
Author: admin (Kendrick Williams)
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ECONOMIC UPDATE – MARKET OVERVIEW
As we had forecast back in November 2022, the U.S. equity markets would climb in 2023, with the S&P 500 expected to increase at least 16 percent.
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CHATGPT’S NEW TACTICS: CITING SOURCES, AND AVOIDING INCRIMINATING QUESTIONS
So how are the latest “training” and “guardrails” helping the most prominent public facing generative AI, CHATGPT, to better serve humankind?
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SPOTLIGHT: CHINA’S ECONOMY
China’s economy will end this year with a 5.4-percent growth rate, the International Monetary Fund (IMF) has projected, increasing its outlook for the country from the 5 percent it had foreseen in its October forecast.
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SPOTLIGHT: OFFICE BUILDING BUST: WORSE TO COME FOR OFFICE SECTOR
While the Office Building Bust is very old news for Trends Journal subscribers—we had forecast this three years ago—it is now just making it into the mainstream news.
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LUXURY CONGLOMERATE RICHEMONT REPORTS DISAPPOINTING SALES
Richemont, the Swiss luxury conglomerate that owns the Cartier, Montblanc, Piaget, and Van Cleef & Arpels brands, among others, reported third-quarter sales that fell below analysts’ expectations.
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TOP TREND 2023, MIDDLE EAST MELTDOWN: MIDEAST WAR CUTS INTERNATIONAL TRAVEL
Bookings for international air travel fell 20 percent below 2019 levels in the three weeks following Hamas’s attack on Israel, according to travel data service ForwardKeys.
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WEWORK FINALLY GOES BUST
WeWork, the global chain of co-working spaces that was once valued at $47 billion, filed for Chapter 11 bankruptcy protection in the U.S. this month after seeing its stock price plunge by more than 98 percent this year.
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GERMAN SHIPPING COMPANY SEES PROFITS TORPEDOED
German container shipping company Hapag-Lloyd reported profits this year through September were almost 80 percent below those of last year over the same period, falling to €3.2 billion.