Google-parent Alphabet is set to cut more jobs in order to make space for investment in artificial intelligence. Alphabet CEO Sundar Pichai said some teams would need to eliminate roles in order to “create the capacity” for investment in promising areas such as artificial-intelligence, CNBC reported, citing an internal memo. That could be… Google-parent Alphabet
I thought it was a federal loan because I believe they did both types of loans. I started paying back the $153,000 interest-only loan in September 2022, while my dad paid towards the principal and the balance increased. They removed the interest-only repayments after several calls were made regarding the balance not being reduced. My
Goodbye shock therapy. Hello, chain saw austerity. That’s the label Argentine President Javier Milei’s detractors have devised for his dynamic first month in power. Investors are pleased, so far. “The probability of success for Milei is larger than of failure,” says Alejo Czerwonko, chief investment officer for emerging markets Americas at UBS Global Wealth Management.
Published: Jan. 11, 2024 at 12:26 p.m. ET Mortgage rates rose slightly in the latest week, but that didn’t deter home buyers. The 30-year fixed-rate mortgage rose and averaged 6.66% as of January 11, according to data released by Freddie Mac FMCC on Thursday. It’s up 4 basis points from the previous week — one
This Saturday, Taiwan will head to the polls, in elections that will be closely watched by investors, due to the self-governing territory’s outsized role in the global economy as the biggest semiconductor manufacturer in the world. For voters, the choice between the three candidates – representing the center-left Democratic Progressive Party (DPP), the center right
Investing in nature to address climate change, support biodiversity, and protect ocean health—and more—is expected to reach record levels this year in response to more regulation and market demand, according to Cambridge Associates, a global investment firm. Still, the amount of private capital invested to support natural systems will fall far short of what’s needed,
When ChatGPT burst into the public consciousness in early 2023, financial services firms initially reacted by banning their employees from using it. A year later, many executives are heralding generative AI as transformative for their business. AI as a key theme for 2024 may seem obvious. But what are the other trends that will affect
Published: Jan. 7, 2024 at 3:38 p.m. ET Don’t miss these top mutual fund and ETF features: INVESTING NEWS & TRENDS This ETF’s strategy has been working, and the numbers point to continued success A combination of low price-to-earnings valuation and high expected growth rates can set up good performance over the long term. Read
The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the
Why Microsoft’s stock is a better investment than Apple
Apple Inc. has long been the most valuable U.S. company, but Microsoft Corp. seems poised to overtake it. A look back at the companies’ financial performance and a look ahead at expected revenue and profits make the case that Apple is no longer a growth stock and that Microsoft is the better long-term investment. Late