U.S. GDP grew at an annual rate of 4.9 percent in this year’s third quarter, the commerce department reported.
Category: 31 October 2023
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INVESTORS GO LONG IN LONG-DATED BONDS
Blackrock, Janus Henderson, Pacific Investment Management (Pimco), and Vanguard are among the growing number of money managers padding their portfolios with treasury bonds maturing in 10 years or longer.
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HIGH T-BOND YIELDS DETERS CORPORATIONS FROM BORROWING
U.S. companies issued less than $70 billion in new bonds in October, making it the slowest month this year for new issues and the weakest October since 2011, the Financial Times reported.
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INVESTORS BEAT UP COMPANIES THAT MISS EARNINGS TARGETS
Companies whose third-quarter earnings reports disappoint investors are seeing their share prices drop more sharply than usual, the Financial Times reported.
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AUTHORITARIANS DRUNK ON POWER: IT’S TIME TO RECALIBRATE THE GOVERNMENT
We have arrived at the dystopian future depicted in the 2005 film V for Vendetta, which is no future at all.
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MSM CRACKS IN EV NARRATIVES BEGIN TO SHOW
You can’t fake out reality. The realities surrounding the astounding costs, and unsuitability of current technology to actually make an “EV transition” according to radical government dictates, is beginning to hit home—even with mainstream media.
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MORE TECH CORPS PROMISE TO USE THEIR MEGABILLIONS TO DEFEND THEIR AI IP INFRINGEMENT
Google has now joined Microsoft and Adobe in guaranteeing users of its AI platforms and services that the tech corporation will assume liability for any claims of Intellectual Property (IP) infringement.
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NAFLD HAS BECOME A HEALTH EMERGENCY AMONG CHILDREN
NAFLD is characterized by excess fat buildup in your liver. Without proper treatment, it can lead to serious liver problems including nonalcoholic steatohepatitis (NASH), which causes inflammation and fibrosis, or scarring of the liver. NAFLD also increases the risk of other health conditions, including cardiovascular disease
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CLEARVIEW AI FOILS BRITISH JUSTICE
Clearview AI harvested millions of photos from the Internet to create a facial recognition AI now used by thousands of U.S. law enforcement agencies.
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UNIVERSAL MUSIC SUES ANTHROPIC
In the latest face-off between AI and intellectual property, a coalition of music recording and publishing companies has sued young AI company Anthropic for $75 million.