U.S. producer prices came lower than expected as inflation pressures ease
Google said Wednesday it's bringing AI to its poster search feature and will add capabilities to its online office suite. The company also said it's eliminating the wait list for its chatbot Bard and unveiled its next-generation large language model known as PaLM 2.Producer prices rise less than expected
The producer price index, a gauge of what wholesalers paid for raw goods, rose 0.2% month over month in April, the Labor Department said Thursday. That's less than the 0.3% advance economists polled by Dow Jones expected.European equities showed little initial movement in response to the Bank of England'sThe pan-European Stoxx 600 index moved from a 0.4% uptick to 0.3% in the minutes after the announcement, and the banking sector dropped from a 0.4% gain to a 0.2% increase.
Britain's central bank voted to lift its policy rate by 0.25 percentage points in its 12th consecutive hike.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Asia markets mixed as investors digest U.S. consumer prices; China's inflation reports aheadStocks on Wall Street saw a tech rally as U.S. consumer price index rose less than expected for April.
Weiterlesen »
Asia markets set to fall as investors await key U.S. inflation numbersAsian markets are set to open lower as investors await inflation figures due out of the U.S.
Weiterlesen »
These maps show how far China's freight railways are stretching across AsiaIn the last two years, China has opened new freight train lines, while cross-border railways have become a feature in high-level meetings with regional leaders.
Weiterlesen »
First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price SpurGood morning Asia. Here's what's happening: 1. Bitcoin inched up as congestion began to clear on the network, but investors ponder the next price catalyst. 2. SBF's dismissal motion questions the reach of the Commodities Exchange Act. By TheSamReynolds
Weiterlesen »
Long popular in Asia, floating solar catches on in USA lesser-known form of solar power that has several advantages over the traditional kind is gaining traction
Weiterlesen »
Long popular in Asia, floating solar catches on in USA lesser-known form of solar power that has several advantages over the traditional kind is gaining traction. The solar panels float on water, so they don't take up land; the water keeps the panels cooler, which makes them produce more electricity, plus the arrays prevent the loss of water through evaporation. Floating solar is already going strong in Asia, from India to China. Now developers are taking inspiration from that and the technology is starting to spread more quickly in the United States. A recent scientific paper says many countries could produce more than the electricity they use from floating solar.
Weiterlesen »