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Market Briefing For Wednesday, December 13
Article By:
Gene Inger
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Wednesday, December 13, 2023 2:15 AM EDT
A bit of wobble might be on-tap for Wednesday, as S&P has moved up so persistently that one has to wonder if a Fed conforming to expectations of no rate hike creates an erratic S&P.
In this article: SPX
IBM Slapped With Federal Civil Rights Complaint After Racist CEO's "Obviously Illegal" Hiring Practices Leak
Article By:
Tyler Durden
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Tuesday, December 12, 2023 9:45 PM EDT
IBM has been hit with a federal civil rights complaint after James O'Keefe posted video leaked by an insider of CEO and Chairman Arvind Krishna outlining racist business practices.
In this article: IBM
Is ChatGPT Getting Lazy?
Article By:
Shelly Palmer
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Tuesday, December 12, 2023 3:00 PM EDT
Recent observations suggest ChatGPT-4 may be getting lazy.
1-In-5 Young Americans Say Holocaust Was A Myth, Twice As Many Democrats As Republicans
Article By:
Tyler Durden
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Tuesday, December 12, 2023 8:09 AM EDT
A new poll sheds light on why so many college-aged Americans aren’t worried about expressing antisemitism: Twenty percent of those between the ages of 18 and 29 believe the Holocaust is a myth.
EU Policymakers Complete World's First AI Regulatory Framework
Article By:
Tyler Durden
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Sunday, December 10, 2023 11:00 AM EDT
Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.
BlackRock CEO Fink Pushes Back Against “Ideological Agenda” Claims At Republican Debate
Article By:
ESG Today
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Saturday, December 9, 2023 5:46 AM EDT
BlackRock CEO Larry Fink snapped back at claims about the investment giant made at the Republican debate this week, accusing that the firm is pushing an ideological agenda on the US and that it holds back energy companies from producing oil.
Robinhood Launches Commission-Free Crypto Trading In Europe
Article By:
Invezz
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Thursday, December 7, 2023 4:46 AM EDT
After its successful UK stock-broking debut, Robinhood introduces commission-free crypto trading in the EU. European investors can now trade over 25 cryptocurrencies, including Bitcoin, Ether, and Solana on Robinhood.
In this article: HOOD
New Mexico Sues Meta, Mark Zuckerberg Over Child Exploitation Following Investigation
Article By:
Tyler Durden
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Thursday, December 7, 2023 12:39 AM EDT
The state of New Mexico has sued social media giant Meta and its CEO Mark Zuckerberg for "knowingly" exposing children to 'sexual exploitation and mental health harm.'
In this article: META
Tiger Woods Past The Peak? Reports Say Longtime Nike Partnership May End
Article By:
Tyler Durden
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Wednesday, December 6, 2023 8:05 PM EDT
A major shakeup might hit the golf world as early as next week, with reports suggesting that Tiger Woods' nearly 30-year sponsorship deal with Nike may end following the PNC Championship in Orlando, Florida.
In this article: NKE
Russian Wheat Output To Decline Notably, Brazilian Soybeans Volatile
Article By:
Invezz
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Wednesday, November 29, 2023 8:05 AM EDT
For the past week torrential rain and heavy storms have halted vessels from carrying essential grains through the Kerch Strait. Difficult weather and delays have prevented the transportation of wheat and led to spoilage in certain warehouses.
Another Climate Conference
Article By:
Simon Lack
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Wednesday, November 29, 2023 7:23 AM EDT
COP28, the annual UN climate conference, starts tomorrow in Dubai in the United Arab Emirates. It’s easy to criticize the world’s efforts at reducing global Greenhouse Gases (GHGs).
Why Gasoline Prices Fall In The Fall
Article By:
Robert Rapier
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Monday, November 27, 2023 7:23 AM EDT
Gasoline prices fall almost every year between August and November. As someone whose job it once was to blend gasoline for ConocoPhillipsCOP, allow me to explain the reasons.
In this article: UGA
CATL And Stellantis Group Signed A Strategic MoU To Supply Batteries In European Markets
Article By:
EqualOcean
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Monday, November 27, 2023 4:56 AM EDT
Chinese and European companies will jointly develop advanced technologies and opportunities for future expansion of the battery value chain, laying the groundwork for further cooperation in the future.
In this article: STLA
The Fed Is In "Restrictive Mode"
Video By:
Danielle DiMartino Booth
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Saturday, November 25, 2023 4:00 AM EDT
In today's video we'll be making a play-by-play analysis of the week's top economic stories around the world and the US.