US and Asia stocks slide as AI jitters persist
Strong sales at artificial intelligence chip giant Nvidia did little to quell investor worries. Source: Original News
Category: Business
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The curious case of why Poundland is struggling during a cost-of-living crisis
Why – in an age where so many of us are feeling the financial pinch – are some budget shops on UK high streets having such a tough time? Source: Original News
Government borrowing for October higher than expected
Borrowing was more than £2bn higher than expected in October, latest official figures show. Source: Original News
Households face unexpected rise in energy prices in new year
Regulator Ofgem says a change in the price cap in January means a 0.2% increase in gas and electricity prices. Source: Original News
Almost one million young people still not in work or education, figures show
Whilst the figure has dropped slightly, it still equates to one-in-eight young people in the UK, according to the Office for National Statistics. Source: Original News
US jobs saw surprising jump in September after slow summer
The report, which had been delayed by the government shutdown, gives the first official data on the job market in weeks. Source: Original News
Major League Baseball signs deals with Netflix, ESPN and NBCUniversal
The media deals will allow the platforms to show select baseball games over upcoming seasons. Source: Original News
Why an AI ‘godfather’ is quitting Meta after 12 years
One of the pioneers in the current AI boom, he has had disagreements with fellow engineers over the future of the technology. Source: Original News
Nvidia shares rise after strong results ease ‘AI bubble’ concerns
The chip maker says revenue for the three months to October jumped 62% to $57bn. Source: Original News
Ford boss: ‘Now is not the time to tax electric vehicles’
Ford’s UK boss says it is “not the right time” to tax electric vehicles when demand has already stalled. Source: Original News