Stocks rebounded from early declines to close higher on Thursday, despite economic data exacerbating concerns that interest rates are set to stay higher for longer than previously forecast. The S&P 500 rose 0.8 per cent, while the tech-heavy Nasdaq Composite climbed 0.7 per cent, reversing… Read Full Article Here FT
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Developing countries’ stockpile of debt hit a fresh record high last year, the Institute of International Finance said on Wednesday, adding to concerns of a wave of sovereign defaults this year. The combined government, household, corporate and financial sector debts of 30 large low and middle-income countries rose to $98tn at the end of December, […]
International funding for Chinese start-ups dried up last year, pushing many fledgling technology companies to raise capital and list at home instead of on Wall Street. Dollar investments in the country’s new companies fell by nearly three-quarters last year, declining to 19 per cent of the total capital put into start-ups from 39 per cent […]
A man looks at frozen foods for sale at a Dollar Store in Alhambra, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Among all rising costs, sky-high grocery bills have been especially painful. Although the consumer price index, an inflation gauge that measures the cost of a broad basket of goods […]
GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General (NYSE: DG) commemorated the grand opening of its 19,000th store in Joplin, Missouri today with a community celebration and $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open our […]
This round of investment will help OpenAI’s research in AI and seek to position Azure OpenAI services for new AI-powered experiences. Image: gguy/Adobe Stock The talk about OpenAI and how the company’s release of ChatGPT will improve human-to-computer interaction has raged on in recent weeks. The conversation has sparked global interest in artificial intelligence, and […]
Microsoft has announced a deepening of its partnership with the company behind the artificial intelligence program ChatGPT by announcing a multibillion dollar investment in the business. It said the deal with OpenAI would involve deploying the company’s artificial intelligence models across Microsoft products, which include the Bing search engine and its office software such as […]
Microsoft is once again pouring money into OpenAI as part of an expanded partnership. The tech giant is making a “multibillion dollar” investment that will lead to wider uses of OpenAI’s technology, as well as stronger behind-the-scenes support. While the two companies are short on specifics, Microsoft says you can expect “new categories of digital […]
The euro has bounced back since falling below parity with the US dollar last September, aided by cooling energy prices, receding fears of a deep recession later this year and an increasingly hawkish European Central Bank. Up about 13 per cent over the past three and a half months, the euro’s rise to its current […]
Kali Zigrino NORWAY, N.Y. – The fairly new Dollar General in Norway closed recently, but the corporate team said Friday it should reopen within the week. A sign on the store window reads “CLOSED: Due to unforeseen circumstances! Will re-open soon! Sorry.” Kali Zigrino The corporate public relations team says the location on Route 28 […]