The Federal Reserve raised interest rates by a quarter point following its two-day meeting, and expects further rate increases in the future.
BizTech Weekly
BizTech Weekly
January 31, 2023
SK Hynix, along with Samsung and Micron, are facing a difficult year due to the drop in memory chip prices which has resulted in SK Hynix's first loss since 2010.
BizTech Weekly
January 31, 2023
Tom Hanks and Robin Wright will be joining forces with Robert Zemeckis for a new movie, ""Here,"" that uses innovative technology to make the stars appear younger than their current age. This exciting reunion marks 30 years since they starred
Near-Miss: Epic Disaster Averted as Two Large Chunks of Space Debris Narrowly Avoid Collision
1 min read
BizTech Weekly
January 31, 2023
Two massive pieces of space debris were dangerously close to colliding, which could have resulted in a major disaster. Thankfully, LeoLabs was able to track the objects and prevent an impact between the Soviet-era rocket body and military satellite.
BizTech Weekly
January 31, 2023
The 2023 Porsche 911 Dakar is an impressive off-road machine that surpasses all my expectations. With its rally heritage, it provides an exhilarating driving experience on any terrain.
BizTech Weekly
January 31, 2023
” ChatGPT, a maker of artificial intelligence (AI) software, has released an AI detection tool in response to complaints from school districts about cheating. This new tool is designed to help educators differentiate between texts written by humans and those composed using AI technology. The ChatGPT detection system works...
BizTech Weekly
January 31, 2023
China stocks returned to trading on Monday after the Lunar New Year holiday, with A-shares close to bull market territory. This marks a strong recovery from last year’s slump and is indicative of increasing investor confidence in the Chinese economy. The benchmark Shanghai Composite Index rose 0.6 percent during...
BizTech Weekly
January 31, 2023
With the Federal Reserve meeting looming, the S&P 500 has been quiet and investors are waiting to see what happens next."
Forecast of 2023 Recession: Comparable to 1970s Financial Crisis, Says Wall Street Economist
1 min read
BizTech Weekly
January 31, 2023
Nancy Lazar, chief global economist of Piper Sandler, has warned that the impending recession in 2023 could be as severe or even more so than the crisis experienced in the 1970s. She believes people are underestimating this potential upheaval
IMF Boosts Global Growth Prospects with Cooling Inflation and Surprising Household Spending
1 min read
BizTech Weekly
January 31, 2023
The International Monetary Fund (IMF) has revised its global growth forecast upwards, citing easing inflation and unexpected increases in household spending. The IMF now predicts the world economy will grow by 2.9% in 2020.
BizTech Weekly
January 31, 2023
These three South Africans have become incredibly wealthy through their business acumen and hard work, amassing vast fortunes that place them among the wealthiest people in the world. Their success serves as an inspiration to others to make money of their own.
BizTech Weekly
January 31, 2023
Fifth Wall is a venture firm based in Los Angeles that was founded by Brendan Wallace and Brad Greiwe less than seven years ago. It has already established itself as a leader in real estate tech, managing over $3.2 billion
