Canadian consumers sharply pulled back their spending in January after stronger-than-expected retail purchases at the end of last year. Receipts for retailers fell 0.4%, the biggest decline since March 2023, according to an advance estimate from Statistics Canada...

Output expanded 0.1% in fourth quarter from previous quarter Mexico has held out against region rate-cutting trend Mexico’s economy barely grew in the fourth quarter, bolstering the chances that the central bank will join the regional trend for interest rate cuts as...

After critics slammed Google‘s “woke” generative AI system, the company halted the ability of its Gemini tool to create images of people to fix what it acknowledged were “inaccuracies in some historical image generation depictions.” Google’s Gemini, formerly known as...

Google on Thursday said it is pausing its Gemini artificial intelligence image generation feature after saying it offers “inaccuracies” in historical pictures. Users on social media had been complaining that the AI tool generates images of historical figures — like...

Investors in Chinese equities are becoming increasingly greedy as efforts by policy makers to stabilize the stock market gave a boost to confidence. The so-called Fear and Greed indicator, a measure of buying strength versus selling strength, for the CSI 300 Index...

China quant funds have drawn regulatory scrutiny recently China’s CSI 300 index reached five-year low earlier this month China’s equity rout a few weeks ago was exacerbated by quantitative funds stampeding to exit positions, akin to a 2007 episode in the US when such...

Shortly after the recovery from the pandemic recession began, the U.S. economy entered a period of high inflation as surging demand, severe supply disruptions, and worker shortages combined to create large imbalances and inflationary pressures in the economy. More...

Ningbo Lingjun sold $360 million of stocks withn a minute The selling is deemed ‘abnormal’ behavior by exchanges China’s two main stock exchanges froze the accounts of a major quantitative hedge fund for three days after the money manager dumped 2.57 billion yuan...

Oil falls from three-week high; iron tumbles on China worries US markets closed; S&P 500 and Nasdaq 100 futures gain 0.3% Stocks and US equity futures were steady in muted trading as investors awaited fresh catalysts after a week that saw the S&P 500 breach...

Anticipation was mounting for Switch successor debut this year Nintendo has said current Switch remains its main business Nintendo Co. shares tumbled by as much as 8.8% after game-makers were told the company was pushing back the launch of its Switch successor to the...

Authored by Steve Watson via modernity.news, A leading scientific journal faces humiliation after it published a completely fake paper, purportedly written by Chinese researchers, which contained AI generated images of a rat with a penis bigger than its own body. The...

A surge in travel over Lunar New Year bodes well for sentiment Chinese shares in Hong Kong, US jumped while mainland was shut Chinese stocks look poised for a strong open when onshore traders return from the Lunar New Year break, with buoyant travel and tourism data...

Goldman’s Garrett spots ‘SPX 5k’ hats, rush for call options BofA’s financial stress indicator hits lowest level since 2021 Remember, this wasn’t supposed to happen. The era of tight money – and an uncertain inflation trajectory — threatened to deliver a big reckoning...

Fed asking if lenders have done enough to brace for bad loans Central bank steps up pace of issuing findings and downgrades US regulators are “closely focused” on risks in commercial real estate loans, and have stepped up downgrades of supervisory ratings on lenders...