December saw a third consecutive month of declines in factory-gate prices and consumer prices in China, underscoring ongoing deflationary pressures in an economy that is finding it difficult to make a sustainable recovery. The consumer price index (CPI) increased 0.1%… Read More ›
The United States Securities and Exchange Commission (SEC) has approved exchange-traded funds (ETFs) that follow the price of bitcoin, a game changer for the cryptocurrency industry, which has been trying to launch such a product for more than ten years…. Read More ›
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) increased by 31% in 2023, down from 60% in 2022, according to market research firm Rho Motion. “The pace of growth is slowing, but that’s what’s expected in growing markets… Read More ›
Following a year of patchy and poor post-pandemic recovery in 2023, China’s consumer mood may begin to improve this year. Last year, the world looked to China’s grand reopening as a trigger to lift the global economy out of its… Read More ›
The administration of US President Joe Biden will issue a final regulation this week that would make it more difficult for businesses to treat people as independent contractors rather than employees, which normally cost a company more, according to an… Read More ›
A private-sector survey released on Tuesday revealed that while China’s factory activity increased more quickly in December due to higher output improvements and new orders, business confidence for 2024 remained low. At the end of 2023, the Caixin/S&P Global Manufacturing… Read More ›
According to corporate records, a seasoned software executive from Silicon Valley took the lead last year at a startup in his home China. The business disclosed to prospective investors that it would market software for designing microchips, which is mostly… Read More ›
After a terrible 2022, tech stocks recovered, helping the Nasdaq experience one of its best years in the previous 20 years. The tech-heavy Nasdaq ended 2023 up 43%, its best year since 2020, which was marginally higher, following last year’s… Read More ›
Perhaps 2023 will go down in IT history as the year that generative AI became widely used. Though not flawless, generative AI systems can produce a variety of content quickly, including computer code, artwork, and essays. This versatility has made… Read More ›
It’s not always possible to have a healthy diet, or at least one that is more balanced, as food prices cause significant gaps between rich and poor populations in many nations. According to a June 2023 British study, The Food… Read More ›
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