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NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.
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Goldman: Don't Expect Fed Rate Cuts in 2023
If you're hardcore stock market bull praying for rip-your-face-off rally ignited by specter of Fed rate cut in 2023, you may want to recalibrate that.
It’s a ‘Sea Change’ From the Last 40 Years
Billionaire Howard Marks says investors have ‘gone from low-return world of 2009-21 to full-return world,’ it’s a ‘sea change’ from last 40 years.
After a Disappointing 2022, Expect a ‘Wild Ride’ Next Year, Says Investment Strategist
2022 started out with so much promise in regard to market performance, but instead turned out to be “a disappointing year.”
Insurance Pricing – the Heart of the Inflation 'Storm'
The UK insurance industry is having to continuously re-evaluate how it will navigate the tumult of the financial markets.