Google’s cloud business announced in a release recently that it has launched several new tools for retailers using generative artificial intelligence to enhance online shopping experiences and other retail operations. One of the new products in the suite is a chatbot with generative AI that retailers can use on their websites and mobile applications. According…
Monday saw a slight increase in U.S. Treasury yields as investors braced themselves for this week’s Federal Reserve policy meeting. At 4.277%, the yield on the benchmark 10-year Treasury note increased by 3.1 basis points. The 30-year Treasury bond yielded 4.35%, which was 2 basis points higher. Price movement is inverse for yields. Traders are…
According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank’s closely watched core inflation rate, which takes into account only the volatile effects of food, energy, alcohol, and tobacco,…
Center for Economics and Business Research (CEBR) says that high-interest rates by most influential central banks in the world to combat the inflation will lead to a recession in 2023. British consultancy in its yearly World Economic League Table said that the global economy crossed $100 trillion for the 1st time in 2022 but will…
