Three months ago, Goldman Sachs was warning clients that the U.S. economy had a one-in-four chance of tipping into recession. The bank just cut that number by 10 percentage points, and the reason has nothing to do with anything the Federal Reserve did. Goldman Sachs chief economist Jan Hatzius …
JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second …
China’s Zhipu AI says its newest model can find software security bugs as well as Anthropic’s most tightly restricted system. The claim landed this week with no benchmark paper behind it, just a viral post. That hasn’t stopped it from rattling a market already nervous about what’s propping up …
Over 5,000 of these have been purchased in the last month…
Amazon’s Prime Day is off to a solid start, but the main news may not be how much shoppers are shelling out. It may be what they’re buying. U.S. online spending on the first day of Amazon’s four-day Prime Day event jumped 5.3% to $8.3 billion across merchants from a year ago…
This is your best shot at high-end luggage for a low price…
The S&P 500 has been running ahead of Wall Street’s targets all year. Banks that set their year-end forecasts in December have been revising them upward, sometimes more than once. Barclays joined the list again on June 23. Venu Krishna, the firm’s head of U.S. equity strategy…
Kitty litter and food for my 18-year-old cat, Caroline, usually weighs more than the rest of our groceries put together. Having those items delivered right to our door makes sense, and during the Covid pandemic, it was sometimes a necessity. Tens of millions of other pet owners discovered the same …
They are stylish, well-made, and offer lots of all-day support…
The stock market has not been kind to enterprise software names over the past year. Valued at a market cap of $98 billion, ServiceNow stock is down 60% from all-time highs. However, the pullback offers you an opportunity to buy the dip, as per Wall Street…
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