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Industries, Others

Boeing’s MAX production issues ripple across aerospace industry

January 25, 2024

Via: Investing.com

Boeing’s troubles with its 737 MAX jets are upending the aerospace industry’s 2024 plans, changing airlines’ fleet and expansion goals as U.S. regulators froze production of the best-selling jets. The FAA ramped up scrutiny of Boeing (NYSE:BA) after a frightening […]


Industries, Others

The 10 areas bucking the house price slump

December 28, 2023

Via: MoneyWeek

Average house prices have been falling for much of the year but some areas are bucking the trend. High mortgage rates have pushed property demand down this year and house prices indices from Halifax, Nationwide and the Office for National […]


Industries, Others

GPT and other AI models can’t analyze an SEC filing, researchers find

December 19, 2023

Via: CNBC

Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. Even the best-performing artificial intelligence model configuration they […]


Industries, Others

Construction turns college students’ heads from tech sector

September 6, 2023

Via: Education Dive

Laura Cosgriff gets daily phone calls from local contractors looking for students to employ — and the frequency of those calls has increased in recent years. The construction technology coordinator for Lorain County Community College in Elyria, Ohio, said the […]


Industries, Others

Mortgage approvals drop in further sign of housing market slowdown

August 30, 2023

Via: Sky News

The net decrease – from 54,600 in June to 49,400 in July – is a five-month low and worse than expected. A poll of economists predicted the figure would be around 51,000. Leading property website Zoopla said on Wednesday morning […]


Industries, Others

United Real Estate Group Records Red-Hot Growth Despite Industry Trends

August 17, 2023

Via: Markets Insider

United Real Estate Group (United) has been named for the seventh time to the internationally respected Inc. 5000 list, ranking No. 711 among 5,000 of America’s fastest-growing private companies. Although our market has significantly contracted, we continue to grow by […]


Industries, Others

Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won’t Be Able To Accomplish

August 7, 2023

Via: Markets Insider

For all those who are not Tesla Inc (NASDAQ:TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales […]


Industries, Others

3 Big Tech stocks to profit from AI

July 25, 2023

Via: MoneyWeek

The US S&P 500 index has gained 18% this year. Many money managers have been caught out. Their defensive focus on rising inflation and interest rates left them blindsided by big gains in Artificial Intelligence (AI) stocks. There’s no question […]


Industries, Others

Feds drill down on medical cards

July 10, 2023

Via: Payments Dive

Medical credit cards designed to cover patients’ costs are coming under increased scrutiny from the Biden administration, as are other loans and financial instruments offered to pay for consumers’ healthcare services. In a rare collaborative healthcare effort by three federal […]


Industries, Others

Detroit enclave built on auto industry struggles under $20M water debt

May 19, 2023

Via: ABC News

Kevin Houston scanned the Michigan street where his fixer-upper and older homes bridge gaps between the vacant, overgrown lots and abandoned, ramshackle houses, boarded-up businesses and potholed streets of Highland Park. “It’s not a bad place to live,” Houston said. […]


Industries, Others

Travel costs fell in April’s inflation reading. The dip may be short-lived, experts warn

May 11, 2023

Via: CNBC

Travel in 2023 has been expensive. Indeed, some prices — like those for international flights — have hit record highs. Americans are unleashing their wanderlust en masse after a few years of pandemic-era trip delays, making for a busy — […]


Industries, Others

J&J sales in US rise 10%, health care giant raises dividend

April 18, 2023

Via: ABC News

Johnson & Johnson beat first-quarter expectations, as growth in cancer treatments and the health care giant’s home market helped counter another revenue hit from the strong dollar. The health care giant booked a $68 million loss on a one-time charge […]


Industries, Others

The Art Market Is All About the 0.1%

April 7, 2023

Via: The Wall Street Journal

The art market is starting to look like a painting that has too much of the action crammed into one corner. Artworks worth an estimated $67.8 billion were sold globally in 2022, according to a report this week from art-show […]


Industries, Others

S&P 500 Stalls at Trendline Resistance as Sentiment Sours. Where Next for Stocks?

April 4, 2023

Via: DailyFX

The S&P 500 retreated on Tuesday and dropped 0.58% to 4,100, ending a four-session winning streak, with the industrial and material sectors leading losses on Wall Street, as weaker-than-expected U.S. economic data dampened appetite for risky assets. Earlier in the […]


Industries, Others

Home Prices Fell in February for First Time in 11 Years

March 21, 2023

Via: The Wall Street Journal

U.S. existing-home prices fell from a year earlier in February for the first time in 11 years, as a dip in mortgage rates caused home sales to surge from January levels. The national median existing-home price fell 0.2% in February […]


Industries, Others

RICS: UK property market remains downbeat but could be stabilising

March 9, 2023

Via: MoneyWeek

According to the latest data from the Royal Institute for Chartered Surveyors (RICS), the housing market in the UK remains weak. However, RICS’ report suggests green shoots of growth are appearing, which could support the market during the rest of […]


Industries, Others

Used car sales find reverse gear on supply squeeze

February 10, 2023

Via: Sky News

The Society of Motor Manufacturers and Traders (SMMT) said 6.9 million vehicles changed hands in 2022 – only slightly more than the sum achieved in COVID-hit 2020. The total was down from 7.5 million during the previous 12 months. The […]


Industries, Others

Halifax: UK house prices tread water as mortgage costs rise

February 7, 2023

Via: MoneyWeek

Annual house price growth has slowed to its lowest level recorded over the last three years, raising further doubts about where house prices will go in 2023. Indeed, some analysts are even predicting house prices could fall by as much […]


Industries, Others

Nationwide: UK house prices fall for the fifth consecutive month

February 1, 2023

Via: MoneyWeek

The property market’s slowdown continued into 2023 as house prices fell for the fifth month in a row, according to Nationwide’s latest house price index. House price growth slowed to 1.1% in January from 2.8% in December. Prices fell 0.6% […]


Industries, Others

Pub chain issues rallying cry to hospitality industry over tax ‘disparity’

January 25, 2023

Via: Sky News

JD Wetherspoon’s chairman, Tim Martin, has long-complained about supermarkets’ treatment when it comes to the payment of Value Added Tax (VAT), saying it gives them an unfair advantage – particularly at a time when the hospitality sector is struggling to […]