Author: Daniel snow
Starbucks CEO Brian Niccol’s words will hold a lot more weight if he can show Starbucks employees he’s willing to do what he’s asking them to do. Source link
As the Pennsylvania Energy and Innovation Summit kicks off, Google is making a $25 billion data-center commitment to the broader region. Source link
Federal debt held by the public has remained above 90% of GDP since 2020, the highest sustained level since World War II. With deficits projected to persist, that rate is expected to climb to nearly 118.5% of GDP by 2035, per CBO estimates.Debt at this level raises the risk of higher interest costs, slower growth and reduced budgetary flexibility, the agency warns. How deficit spending affects the economyWhen the government runs a deficit, it raises funds by issuing Treasury bonds and other securities. As the debt grows, so do the interest payments required to service it.Interest payments have become a major…
My top 10 things to watch Tuesday, July 15 1. The government’s June consumer price index matched estimates with a rise of 0.3% for the month, putting the year-over-year gain at 2.7%. The core rate, excluding food and energy prices, also matched. The S & P 500 was heading for a higher open today after that neutral CPI and sharp gains in Nvidia, which is set to open at another record high. 2. Nvidia said today it is getting an export license from the U.S. government to sell H20 chips in China. It’s an incredibly bullish development in the world’s…
He can fly and shoot lasers from his eyes. And according to a prominent author and psychologist, taking cues from the Man of Steel can also increase your emotional intelligence. Source link
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesSiriusXM, the audio entertainment company that’s long been known as a commercial-free option for in-car radios, is betting on advertising to propel its business.On Tuesday the company launched its first ad-supported subscription plan for car listening called SiriusXM Play. It’s a cheaper option than its long-standing offering and will cost less than $7 each month for in-car and streaming. It features a limited set of commercials on a subset of its music, sports, news and talk show offerings, the company said.SiriusXM is looking to advertising in a similar way as its…
Is it too much to expect a thank-you? Source link
Mary Molina of Westchester, New York, said she used to shop at Target once a week. She said she now buys more from Walmart and Amazon and makes Target trips once every two or three months instead of every week.Courtesy of Mary MolinaShortly before a road trip in early 2024, Mary Molina realized her view of Target had changed.Molina, a mother of five and entrepreneur who lives in Westchester, New York, said her weekly trips to Target looked and felt different from her experience before the Covid pandemic. Items such as national brands of laundry detergent or shampoo were often…
Consumer prices posted the biggest increase in June in five months and is likely to keep the Federal Reserve from cutting interest rates soon, but there still wasn’t much evidence of tariff-related inflation. Source link
Dario Amodei, Anthropic CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 21st, 2025.Gerry Miller | CNBCAnthropic on Tuesday announced Claude tools for financial services as part of the artificial intelligence startup’s latest attempt to court enterprise customers.The so-called Financial Analysis Solution can help financial professionals make investment decisions, analyze markets and conduct research, Anthropic said. It includes the company’s Claude 4 models, Claude Code and Claude for Enterprise with expanded usage limits, implementation support and other features.”What this is is a tailored version of Claude for Enterprise,” Kate Jensen, Anthropic’s head of revenue…