The US Department of Labor reported an increase in initial jobless claims for the week ending December 21, 2024. Claims rose to 219,000, a slight increase of 1,000 from the…
Browsing: Global Insights
Read More
Meta Platforms is reportedly planning to add a small display screen to its Ray-Ban smart glasses as early as next year. This move signifies a step towards the company’s broader…
The Italian Competition Authority (AGCM) concluded its investigation into OpenAI, the company behind the popular chatbot ChatGPT, and imposed a €15 million fine. This decision stems from allegations that OpenAI…
The European Central Bank (ECB) has signaled its intention to maintain a hawkish monetary policy stance, keeping interest rates above the neutral level for a prolonged period. This decision comes…
HSBC has raised its price target for Tesla, indicating a positive outlook for the company’s future performance. This move comes amid a broader trend of analysts upgrading their price targets…
The Japanese yen weakened further after Bank of Japan (BoJ) Governor Kazuo Ueda’s comments on the possibility of adjusting monetary policy due to the yen’s weakness. Ueda did not explicitly…
According to recent research from Omdia, Google’s Tensor Processing Units (TPUs) are experiencing a surge in demand, potentially threatening NVIDIA’s long-held dominance in the AI chip market. This insight stems…
The U.K. unemployment rate remained unchanged at 4.3% in the three months to October, according to the Office for National Statistics (ONS). 1 This indicates a stable labor market despite…
An explosion occurred on Ryazansky Prospekt in Moscow, resulting in two fatalities. Russia’s state news agency, TASS, reported the incident, citing emergency services. While the cause of the explosion remains…
The European Central Bank (ECB) reported that the eurozone’s reserve assets increased to €1,391.73 billion in November, up from €1,386.88 billion in the previous month. This unexpected rise comes despite…