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BBCNEWS The July 2, 2024

of pounds that saudi arabia has been investing in sport in recent years. the sense is that all of that has been gearing up to this moment, but i think it will come as a shock to people. after all, because of the extreme temperatures, it s likely that the traditional summer slot will have to be moved again, as it was in qatar. with all the disruption that that would entail. there is concern over the way that fifa appear to have paved the way for the saudis bid by accelerating and restricting the bidding process rules. and then, of course, because of saudi arabia s notorious human rights record, its discriminatory laws, there are those accusations of sportswashing by campaigners. now, the saudi authorities deny all that. they say this is about growing the game, diversifying their economy, boosting tourism, inspiring their people. they say some of the criticism is hypocritical, but others will say that money has been put before morals here. what is certain is that this on ....

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BBCNEWS Business June 13, 2024

on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday morning for american consumers and the fed. it showed inflation cooling slightly in may after a few particularly hot read outs in the first few months of the year. at 3.3% the yearly price increase was lower than expected and slower than the increase we saw in april. the data actually showed no change month to month between april and may. and the core inflation rate which excludes volatile food and energy prices cooled as well. that s the kind of news federal reserve officials are looking for. but it was not enough to warrant an interest rate cut. here is federal reserve chairjerome powell. we see today s report as progress and is building confidence, but we don t see ourselves as having the confidence that would warrant beginning to loosen policy at this time. the fed held steady, making no change to the current benchmark inte ....

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BBCNEWS Business June 13, 2024

these are two big deal events. we ve only seen them happen on the same day at seven times in the same day at seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that helps good news wednesday morning for american consumers and the fed. it should inflation calling site in may after she particularly hot rebels in the first few months of the year. at 3.3% the yearly price increase was slower than expected and slowly increase we saw in april. the data actually showed no change month to month between april and may. and the core inflation rate which excludes volatile food and energy prices called as well. that s the kind of news federal reserve officials are looking for. but it was enough to warrant an interest rate cut. here is federal reserve chair jerome powell. we see today s report as progress and is building confidence but we don t see ourselves as having the confidence that would warrant beginning to loosen policy this tim ....

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BBCNEWS Business June 12, 2024

inflation gauge that held good news for american consumers and fed showing inflation cooling in the month of may, slightly, after a few hot readouts in the few first months of the year. at 3.3% the yearly price increase was lower than expected and slower than the increase we saw in april. the data actually showed no change month to month from april to may. the core inflation rate which excludes volatile food and energy prices cooled as well. that is the kind of news federal reserve officials are looking for. but it was not enough to warrant an interest rate cut. we it was not enough to warrant an interest rate cut. interest rate cut. we have seen the report interest rate cut. we have seen the report today interest rate cut. we have seen the report today as interest rate cut. we have seen the report today as progress i the report today as progress and as the report today as progress and as building confidence, but we do and as building confidence, but we do not ....

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BBCNEWS Business June 10, 2024

the big bucks rewarding terms that are not onlyjumped up but rewarding the ai bandwagon like nvidia that makes the chips that powers the ai revolution overtaking apple itself to become the most viable company in the world by market value position. microsoft which has its own long standing partnership with openai for me is the most valuable. apple s entrance into the artificial intelligence space may be viewed as late, when compared to rivals microsoft and google. but experts say this could herald in a new frontier for the technology. julie uusk, an independent technology analyst, gave us her take. a few things stood out from the conference for me. first, with the announcement from apple that they are going to invent generative ai into so many of their devices applications and experiences the offer to consumers, they remind us with most of the valley with large language value is still at the application layer. they also remind us that generative ai is just one portion of ....

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