Apple on Thursday announced that it raised prices on its iPad and MacBook devices because of rising memory and chip costs amid the rapid buildout of the AI industry. The tech giant excluded its primary cash cow, the iPhone, from the price hikes but will raise prices on the other…
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Societe Generale strategists note USD/MXN has held key lows near 17.10 and is now trying to break out from a small base formation. Initial resistance is at the 200-day moving average around 17.80, with a recent low at 17.30 acting as support. Banxico kept rates at 6.50%, signalling a longer pause, while markets price a modest hike by year-end.Breakout attempt with key levels”The policy rate in Mexico was maintained at 6.50% and the tone of…
California voters will decide in November whether to impose a one-time 5% tax on billionaires…
Consumer prices fell 0.1% in March, according to the Consumer Price Index (CPI) released by…
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Katie Couric, 69, says a supportive male colleague taught her one of the biggest life lessons after she experienced workplace sexism.During an appearance on Wednesday’s episode of “Call Her Daddy,” Couric opened up about the challenges she faced early in her broadcast journalism career.She recounted an incident in which an…
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Mortgage rates ticked slightly higher this week, but were little changed, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.49% from last week’s reading of 6.47% and 6.52% the week…
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Mark Cuban has advice for AI companies: spend billions on people directly affected by AI.In a Thursday post on X, the billionaire former “Shark Tank” investor wrote that AI companies need to start spending money “to help towns and cities that may be impacted by job losses.”He said the companies…
