Category: business news
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Falling gas prices give hope that inflation will ease, New York Fed survey shows
[ad_1] People shop at a supermarket in Montebello, California, on August 23, 2022. Frederic J. Brown | AFP | Getty Images Lower gas prices are boosting optimism that inflation is on the way down, according to a survey Monday by the New York Federal Reserve. Respondents to the central bank’s August survey of consumer expectations…
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Google is developing a secret hi-speed telecom project called Aalyria
[ad_1] Inside Google, a team of engineers has been working behind the scenes on software for high-speed communications networks that stretch from land to space. Codenamed “Minkowski” at Google, the secretive project will be revealed to the public on Monday as a new spinout called Aalyria. While Google declined to offer details about Aalyria, such…
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Hong Kong’s Hang Seng rises 2%, leads Asian markets higher after Powell’s inflation comments
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in Asia’s economy, Australia, Australian Dollar/US Dollar FX Spot Rate, Breaking News: Asia, Breaking News: Markets, Business, business news, Chicago, China, DXY US Dollar Currency Index, Economic events, Hang Seng Index, Hang Seng TECH Index ETF, ICE Brent Crude (November 22), Japan, Jerome Powell, KOSPI Index, Markets, Minneapolis, national debt, Neel Kashkari, Nikkei 225 Index, Osaka, Prices, S&P/ASX 200, Shanghai, Shenzhen, SHENZHEN COMPONENT INDEX, south korea, United States, United-Guardian Inc, USD/JPY, World Markets, WTI Crude (October 22)[ad_1] Bilibili plunges 16% at the open after reporting a second-quarter loss Hong Kong-listed shares of Chinese video and games company Bilibili fell more than 16% at the open after reporting a second-quarter earnings miss overnight. The company reported a net loss of more than $300 million — almost double the reported loss for the…
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Queen Elizabeth II’s doctors are concerned about her health, Buckingham Palace says
[ad_1] Doctors are concerned about the health of Britain’s Queen Elizabeth II and have announced that she remains under medical supervision, Buckingham Palace said Thursday. Immediate family members have been informed and are currently traveling to Balmoral Castle, the Queen’s royal residence in Scotland. “Following further evaluation this morning, the Queen’s doctors are concerned about…