figures

Dollar Dominance: Unlock the Editor’s Digest for Free and See How US Inflation Figures Are Shaping World Markets

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New York, USA – The dollar’s surge to its strongest weekly performance since 2022 is causing global market ripples, propelled by US inflation figures. This week marked a 1.5 per cent strengthening of the US currency against a basket of six currencies, the best performance since September 2022. The Federal Reserve’s shift away from early interest rate cuts prompted traders to bet on a single rate reduction for the year, a stark contrast to initial …

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**Inflation** Eases in Euro Zone, but Core Figures Higher Than Expected: What Does This Mean for Interest Rates?

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Catania, Italy – Inflation in the euro zone decelerated to 2.6% in February, as per preliminary data released on Friday. However, both the overall and core inflation rates surpassed expectations set by analysts, who had predicted a 2.5% increase. Core inflation, which excludes volatile components such as energy, food, alcohol, and tobacco, rose to 3.1%, exceeding the anticipated 2.9% figure. According to the European Union statistics agency, food, alcohol, and tobacco saw the highest inflation …

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Google “Pauses” Woke Chatbot’s Image Generation After Creating Absurdly Diverse Historical Figures

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NEW YORK, NY – Google has announced that it will be pausing its Gemini chatbot’s image generation tool after facing widespread criticism for creating historically and factually inaccurate images of figures such as black Vikings, female popes, and Native Americans among the Founding Fathers. The AI-generated images created by Gemini prompted backlash on social media, with users calling the tool “absurdly woke” and “unusable.” According to Google, they are already working to address the recent …

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“Stock Futures” Mixed as Investors Await U.S. Inflation Figures – Weekly Market Update and Corporate News

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New York City, NY: Stock futures showed mixed trading on Friday morning as investors sought to maintain the strong momentum of the broader market and anticipated new U.S. inflation data. S&P futures rose by 0.2%, Nasdaq-100 futures increased by 0.6%, and Dow Jones Industrial Average futures slipped by 0.1%. At 8:30 a.m. ET, the producer price index for January was set to be released, with economists anticipating a 0.1% gain. Housing starts and building permits …

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German Industry Sliding: Export Figures and Factory Orders Plummet as Experts Warn of Recession — Are Germany’s Economic Woes on the Horizon?

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Berlin, Germany – The German economy continues to face challenges as new data indicates that the country’s industrial sector is still in recession. According to Holger Schmieding, chief economist at Berenberg Bank, industrial production declined by 1.6% in December and was down overall by 1.5% compared to the previous year. Additionally, exports, which are a major pillar of the German economy, fell by 4.6% in December and 1.4% across the year. However, there seemed to …

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