- February PCE inflation showed inflation overshoot remained Financial Times
- Core inflation was 3% in February, as expected, key Fed gauge shows CNBC
- US Consumer Spending Barely Rose as Inflation Lingered Pre-War Bloomberg.com
- Inflation was…
Category: 6. Business
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February PCE inflation showed inflation overshoot remained – Financial Times
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Intel and Google Deepen Collaboration to Advance AI Infrastructure with Xeon CPUs and Custom IPUs :: Intel Corporation (INTC)
NEWS HIGHLIGHTS:
- Intel® Xeon® processors to continue powering Google Cloud infrastructure across AI, inference and general-purpose workloads
- Expanded co-development of…
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American Airlines updates bag fees and Basic Economy fares – American Airlines
- American Airlines updates bag fees and Basic Economy fares American Airlines
- American Airlines makes bag fees even more expensive for basic economy tickets CNBC
- Delta, Southwest hike checked bag fees as airlines face surging fuel costs Fox…
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European Bond yields whipsaw amid interest rate uncertainty
European government bonds reversed course on Thursday, moving higher after plunging during the previous session, as a fragile Middle East ceasefire keeps markets on edge.
Bond traders are grappling with unusually high levels of volatility, which…
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Inflation gauge held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
Core inflation held above the Federal Reserve’s target before the recent surge in energy prices, according to a key gauge released Thursday that offers the central bank a snapshot of conditions leading into the Iran war.
The core personal…
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BA to reduce Middle East flights when services resume in July | British Airways
British Airways will offer a reduced flight schedule to the Middle East when it resumes services in July, and use the aircraft to operate more direct flights to India and Kenya.
The airline has currently suspended services to the region because of…
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Iran Ceasefire Won’t Provide Immediate Fertilizer Relief
Farm Progress’ Joshua Baethge reported that “the world breathed a sigh of relief Tuesday night in response to news that the U.S. and Iran had agreed to a two-week ceasefire. Included in the deal was a commitment from Iran to reopen the Strait…
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US Q1 bank earnings – strong performance overshadowed by geopolitics
Q1 to reveal solid earnings growth
The big six US banks are poised to report a strong round of earnings. All are expected to see a rise in earnings, with some likely to see very healthy double-digit increases. This is a reflection…
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Store openings set to drive Uniqlo owner to record revenues
The retail group behind Uniqlo has forecast another record year amid a boost from strong international growth.
It came as Japan-based Fast Retailing reported it was facing some higher transport costs amid the conflict in the Middle East.