The Guardian 经济
Billions lost and markets roiled by one man’s indiscretion. Isn’t it now clear that these tech bros are too powerful? | Aditya Chakrabortty
Nvidia CEO Jensen Huang’s affair must be the costliest fling in human history – and a preview of what awaits when the tech bubble bursts One thing we all know about the tech billionaires is they are super-smart. We know…
Euronews 经济 全文
Paraguay's new president vows to recover pension funds at risk in Ueno Bank crisis
Paraguay’s new president, Pedro Alliana, promises to recover pension funds affected by the intervention in Ueno Bank. The crisis, which led to the dismissal of Santiago Peña, has left up to 7,000 people unemployed in Paraguay and other…
BBC News 经济 全文
Nvidia hires major US law firm to investigate alleged Chinese spy affair
The appointment was made after it emerged Jensen Huang had an affair with a woman believed to be a spy for China.
NBER 经济 全文
Doing Better at Doing Good: Lessons from a Bayesian Meta-Analysis After 20 Years of Poverty Graduation Programs -- by Samantha Carter, Edward Jee, Dean Karlan, Patrick Premand
Multifaceted poverty Graduation programs that aim to increase income generating activities for low-income households are being rapidly adopted and scaled by nonprofit organizations and governments. This paper conducts a…
PBS News 经济 全文
U.S. stocks surge, and the Dow soars 1,500 points as Brent oil's price drops below $95 per barrel
U.S. stocks are soaring Wednesday after President Donald Trump’s party lost its sole control of Washington in the midterm elections.
Federal Reserve Board 经济 全文
FEDS Note: Measuring Spending in the Survey of Consumer Finances
Aditya Aladangady, Jesse Bricker, Andrew C. Chang, Sarena Goodman, and Gina Li, with assistance from Payton Crawford and Eve Devens The United States has long lacked comprehensive household spending data across all…
CNBC 经济 全文
ICE came to town and left behind weakened economies
Research links ICE enforcement surges to lasting declines in local spending, foot traffic and jobs. In Minneapolis, businesses are still recovering.
CNA 经济 全文
TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports
Nov 12 : ByteDance, the Chinese owner of TikTok, is planning to buy back up to $6 billion worth of shares from existing investors at a valuation of about $400 billion, The Information reported on Thursday, citing a letter to shareholders…
The Guardian 经济 全文
Burberry returns to profit as sales soar, from £85 socks to £9,000 coats
CEO says ‘democratic approach’ has helped brand outperform tough market, with big rises in China and US
BBC News 经济
Claude chatbot maker set for $1.3tn stock market debut despite 'catastrophic' AI warning
The AI company behind the Claude chatbot will offer its shares at between $70 and $78, which is lower than what was expected.
Euronews 经济
Infineon says AI data centre boom to persist despite growing backlash
Infineon expects soaring demand for chips powering AI infrastructure to sustain growth, despite mounting concerns over the environmental and economic costs of data centre expansion.
NBER 经济 全文
Financial Advisors and Retirees' Risk-taking -- by Allison T. Cole, Maarten Meeuwis, Alessandro Previtero, Noah Stoffman
Advised retirees keep about two-thirds of their portfolios in equities well into old age—30 to 40 percentage points more than non-advised retirees, target-date funds, or common rules of thumb. These allocations reflect…
PBS News 经济 全文
New survey finds more than two-thirds of Americans believe their country is in decline
Almost half of Americans, 47%, say they are experiencing real pain from rising prices – a sharp rise from previous years.
Federal Reserve Board 经济 全文
FEDS Note: Beyond the factory gate: The continued importance of goods production
Ryan A. Decker Goods-producing industries have accounted for a declining share of U.S. jobs and economic output in recent decades, which has long been a topic of intense policy and research focus. Some commonly cited…
CNBC 经济 全文
Men are losing ground in the labor market. Here's why
Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.
CNA 经济 全文
Trump had urged Jensen Huang to fight for his job, New York Times reports
Chief Financial Officer Colette Kress will take over as interim CEO. Jensen Huang, who co-founded Nvidia, will not remain on the board.
The Guardian 经济
Datacentres are deeply unpopular. Has Sweden made one we can all love?
It is built of wood, resembles an Ikea and its power is totally renewable. Plus, it was built with the local community in mind. Is this facility in Falun the best datacentre in the world? ‘It was pretty cool, when they…
BBC News 经济
US inflation higher than expected in October - here's what is happening with prices
Prices rose by 0.4% over the month, driven by increases in shelter, food and energy costs.
Euronews 经济
Vodafone suffers huge net loss on Germany hit but raises full-year outlook
British mobile phone giant Vodafone on Tuesday posted a huge post-tax loss for its first half, linked primarily to a writedown in Germany, but raised its outlook with total revenue increasing.
NBER 经济 全文
Clearing the Fog: Price Transparency, Market Churn, and Consumer Welfare in Short-Term Rentals -- by Ginger Zhe Jin, Liad Wagman, Jingyi Xing
We study California's short-term lodging price transparency law (AB 537), which from July 1, 2024 required Airbnb and other providers to advertise fee-inclusive prices. Using Coarsened Exact Matching to compare Airbnb…
PBS News 经济 全文
DoorDash offers $17 billion for Instacart in what would be big grocery delivery consolidation
The companies say the tie-up would combine DoorDash's global reach and expertise in logistics with Instacart's purpose-built technology and long relationships with grocers.
Federal Reserve Board 经济 全文
FEDS Note: Pricing Sentiment: Measuring Input Cost Pressure from ISM Survey Responses
Tomaz Cajner, Leland D. Crane, Christopher J. Kurz, Paul E. Soto, and Betsy Vrankovich Recent history has shown that input cost shocks can propagate quickly and broadly across sectors. When supply chain disruptions…
CNBC 经济 全文
France's fresh budget battle threatens to topple another government
Time is not on the side of French government bonds, strategists have warned, as the nation's deficit balloons.
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