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Apr 29, 2024
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the bbc�*s michelle fleury has more from new york. make the big question is how doing in china, the company just got some good news on that front and tesla cleared a major hurdle fruits of driving technology in china after years of trying. this is a key moment for the electric car maker
the bbc�*s michelle fleury has more from new york. make the big question is how doing in china, the company just got some good news on that front and tesla cleared a major hurdle fruits of driving technology in china after years of trying. this is a key moment for the electric car maker
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Apr 30, 2024
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the bbc�*s michelle fleury has more from new york. for apple and haslar investors the big question is how are they doing in china? elon musk�*s car companyjust got musk�*s car company just got good musk�*s car companyjust got good news on that front. haslar cleared a major hurdle for its full self driving technology in china after years of trying. this is a key moment for the electric car
the bbc�*s michelle fleury has more from new york. for apple and haslar investors the big question is how are they doing in china? elon musk�*s car companyjust got musk�*s car company just got good musk�*s car companyjust got good news on that front. haslar cleared a major hurdle for its full self driving technology in china after years of trying. this is a key moment for the electric car
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Apr 11, 2024
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the bbc�*s north america business correspondent michelle fleury has more. with interest rates in many richer countries now at their highest levels in years, the head of the imf, kristalina georgieva, urged caution when it comes to cutting interest rates. where necessary, policymakers must resist calls for premature
the bbc�*s north america business correspondent michelle fleury has more. with interest rates in many richer countries now at their highest levels in years, the head of the imf, kristalina georgieva, urged caution when it comes to cutting interest rates. where necessary, policymakers must resist calls for premature
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Apr 16, 2024
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michelle fleury has more from new york. higherfor longer. that is the message from america's top banker, jerome powell on us interest rates. the chair of the federal reserve said policymakers hadn't seen enough progress on inflation since its rapid decline last year. and with inflation likely to take longer to return to the fed's desired target of 2%, a cut in rates, he said, didn't seem justified. we've said at the fomc that we'll need greater confidence that inflation is moving sustainably toward 2% before it would be appropriate to ease policy. you know, we took that cautious approach and, sought that greater confidence so as not to overreact to the string of low inflation readings that we had
michelle fleury has more from new york. higherfor longer. that is the message from america's top banker, jerome powell on us interest rates. the chair of the federal reserve said policymakers hadn't seen enough progress on inflation since its rapid decline last year. and with inflation likely to take longer to return to the fed's desired target of 2%, a cut in rates, he said, didn't seem justified. we've said at the fomc that we'll need greater confidence that inflation is moving sustainably...
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Apr 2, 2024
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for more on this, he was a bbc north america business correspondent michelle fleury in new york. 0ne analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory in berlin halted production. higher interest rates, which put up borrowing costs,
for more on this, he was a bbc north america business correspondent michelle fleury in new york. 0ne analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory in berlin halted...
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Apr 16, 2024
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fleury is following this from new york. let's begin by talking about russia. the russian economy is predicted by the international monetary fund to grow this year at a rate higher than that of all g7 countries — and was a big jump from the imf�*s forecast injanuary — despite sanctions related to the war in ukraine. what's going on? that was one of the surprises in the report, the strength of the russian economy at a time when there are sanctions that were designed to hamper the economy but that does not seem to have worked so it raises questions about the effectiveness of sanctions this was a question which came up during the press conference. —— and this was. the imf economist says some of this is to do with the fact that russia has been successful despite attempts to curtail its ability to export oil, it has its own insurance, shipping insurance industry develop as a result, since the conflict began, and those who are willing to transport russian oil, a major source of revenue for the country, but other things a
fleury is following this from new york. let's begin by talking about russia. the russian economy is predicted by the international monetary fund to grow this year at a rate higher than that of all g7 countries — and was a big jump from the imf�*s forecast injanuary — despite sanctions related to the war in ukraine. what's going on? that was one of the surprises in the report, the strength of the russian economy at a time when there are sanctions that were designed to hamper the economy...
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Apr 30, 2024
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fleury explains. ordered to spend four months in prison for a failure but allowed cyber criminals and terrorist groups to trade on the roads largest cryptocurrency exchange. he pleaded guilty to one count of violating the bank secrecy act and resulting in a multiyear
fleury explains. ordered to spend four months in prison for a failure but allowed cyber criminals and terrorist groups to trade on the roads largest cryptocurrency exchange. he pleaded guilty to one count of violating the bank secrecy act and resulting in a multiyear
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Apr 9, 2024
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hello, i'm michelle fleury. israel premised a benjamin netanyahu says a date has been set for an israeli invasion of rafah, gaza's last refuge for displaced palestinians but did not reveal the date. miss netanyahu said invading the area is critical to reach his country at�*s goals are releasing all hostages and destroying hamas. but as many asi million people are believed to be sheltering in rafah, more than half of them children. mr dutton yahoo face international pressure including from the us to not invade the city without a specific plan as to how to keep civilians their say. here is us state department spokesman matthew millar responded to the prime minister was made out of it. ~ ., ., prime minister was made out of it. ~ . ., . ., ., it. we have made clear to israel that _ it. we have made clear to israel that we _ it. we have made clear to israel that we think - it. we have made clear to israel that we think a - israel that we think a full—scale military invasion of rafah would have an enormously harm
hello, i'm michelle fleury. israel premised a benjamin netanyahu says a date has been set for an israeli invasion of rafah, gaza's last refuge for displaced palestinians but did not reveal the date. miss netanyahu said invading the area is critical to reach his country at�*s goals are releasing all hostages and destroying hamas. but as many asi million people are believed to be sheltering in rafah, more than half of them children. mr dutton yahoo face international pressure including from the...
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Apr 5, 2024
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we can cross live to new york and our north america business correspondent michelle fleury. hi, michelle. but has the reaction been to these numbers? i hi, michelle. but has the reaction been to these numbers?- been to these numbers? i think fairly mixed. — been to these numbers? i think fairly mixed, because _ been to these numbers? i think fairly mixed, because there - been to these numbers? i think fairly mixed, because there are| been to these numbers? i think- fairly mixed, because there are two things people are looking at and care about. one isjobs things people are looking at and care about. one is jobs and comically on that front, things are going very well. the other is prices. and you mentioned there the federal reserve and the implications that today's data has for that. just to recap, we saw american employers adding 3003000 jobs in the month of march, the unemployed and rate ticked down slightly. there was a couple of things as you look into the report, the labour participation rate, the number of people entering and returning to the job market looking for wo
we can cross live to new york and our north america business correspondent michelle fleury. hi, michelle. but has the reaction been to these numbers? i hi, michelle. but has the reaction been to these numbers?- been to these numbers? i think fairly mixed. — been to these numbers? i think fairly mixed, because _ been to these numbers? i think fairly mixed, because there - been to these numbers? i think fairly mixed, because there are| been to these numbers? i think- fairly mixed, because there...
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Apr 12, 2024
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the bbc�*s michelle fleury has more. with interest rates in many richer countries now at their highest levels in years, the head of the imf, kristalina georgieva, urged caution when it comes to cutting interest rates. where necessary, policymakers must resist calls for premature interest rate cuts. her comments come a day after us data showed a surprise increase in consumer inflation. but she also warned that waiting too long could chill economic activity, saying debt is up and the global economy faced a decade of weak growth, which she labelled the �*tepid 20s'. we are, indeed, heading for the tepid 20s. a sluggish and disappointing decade. mr georgieva's comments come as the international monetary fund and its fellow lending agency, the world bank, prepares to host their spring meeting next week in washington, where finance ministers, central bankers and policymakers from around the world will discuss the global economy's most pressing issues. the annual gathering takes place as several conflicts threaten global fina
the bbc�*s michelle fleury has more. with interest rates in many richer countries now at their highest levels in years, the head of the imf, kristalina georgieva, urged caution when it comes to cutting interest rates. where necessary, policymakers must resist calls for premature interest rate cuts. her comments come a day after us data showed a surprise increase in consumer inflation. but she also warned that waiting too long could chill economic activity, saying debt is up and the global...
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Apr 15, 2024
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michelle fleury in new york. we don't have too many details about why these lay—offs are happening. no, but tesla is the world's largest maker of premium electric vehicles and i think we've seen for a while now a fairly middling performance in terms of demand by consumers for these types of cars, notjust teslas but across the board. an analyst at barclays, down leavy, described this as kind of switching from ev euphoria to ev winter, describing the broader conditions on the market. now we have this report essentially saying that tesla apparently is cutting 10% of its workforce, that if you look at recent filings, suggest it's about 15,000 people from its global operations. we reach out to test but they have not responded to our request for comment. this is a question of tough times building up for a company that recently have reported fairly weak and disappointing sales. reported fairly weak and disa ”ointin sales. , ., disappointing sales. tesla in some res - ects disappointing sales. tesla in some respects changing _ disappointing sales. tesla in some respects changing the _ dis
michelle fleury in new york. we don't have too many details about why these lay—offs are happening. no, but tesla is the world's largest maker of premium electric vehicles and i think we've seen for a while now a fairly middling performance in terms of demand by consumers for these types of cars, notjust teslas but across the board. an analyst at barclays, down leavy, described this as kind of switching from ev euphoria to ev winter, describing the broader conditions on the market. now we...
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Apr 18, 2024
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michelle fleury was watching the hearings. this was damaging testimony for the plane maker. boeing engineer turned whistle—blower, sam salehpour, claimed boeing used short cuts to reduce bottlenecks during the assembly of its 787 dreamliner planes. he said he faced retaliation for raising safety issues. and after the threats and after this, you know, it's like, you know, it really scares me, believe me. but i am at peace. you know, if something happens to me, i am at peace because i feel like by coming forward, i will be saving a lot of lives, and i'm at peace. another boeing engineer, ed pierson, accused the plane—maker of a criminal cover up after a door blew out of a 737 max plane shortly after take—off. and a preliminary investigation revealed the door was missing four bolts. the ntsb chair reiterated to congress last week that boeing has said there are no records documenting the removal of the alaska airlines door. i'm not going to sugar—coat this. this is a criminal cover up. records do, in fact, exist. i know this because i've personally passed them to the fbi
michelle fleury was watching the hearings. this was damaging testimony for the plane maker. boeing engineer turned whistle—blower, sam salehpour, claimed boeing used short cuts to reduce bottlenecks during the assembly of its 787 dreamliner planes. he said he faced retaliation for raising safety issues. and after the threats and after this, you know, it's like, you know, it really scares me, believe me. but i am at peace. you know, if something happens to me, i am at peace because i feel like...
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Apr 3, 2024
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let's get more now from michelle fleury who's covering this from new york. why is it a tassle? what is the issue? �* . why is it a tassle? what is the issue? . , ., ., , issue? annual shareholder meetings are dry affairs- _ issue? annual shareholder meetings are dry affairs. this _ issue? annual shareholder meetings are dry affairs. this one _ issue? annual shareholder meetings are dry affairs. this one should - are dry affairs. this one should offer a roller—coaster ride because offer a roller—coaster ride because of this battle that was brought by an activist investor nelson peltz. the complaint was that disney's share price is not high enough, an argument that does hold some water if you compare it to netflix, that is worth based on share price five times the amount of disney, that has the parts, the attractions, the slate of films and movies, the intellectual property as well as the streaming business and yet its valuation is much lower. i tend to look at it as two things, a question about succession, he will replace bob iger. the last time he was replaced it didn't g
let's get more now from michelle fleury who's covering this from new york. why is it a tassle? what is the issue? �* . why is it a tassle? what is the issue? . , ., ., , issue? annual shareholder meetings are dry affairs- _ issue? annual shareholder meetings are dry affairs. this _ issue? annual shareholder meetings are dry affairs. this one _ issue? annual shareholder meetings are dry affairs. this one should - are dry affairs. this one should offer a roller—coaster ride because offer a...
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Apr 10, 2024
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hello, i'm michelle fleury. presidentjoe biden said in a new interview that israeli prime minister benjamin netanyahu is making a mistake with his handling of the war against hamas. mr biden�*s interview with spanish language network univision that aired on tuesday but was recorded last wednesday. the president is also calling for a unilateral ceasefire between israel and hamas. his comments are his most critical yet of mr netanyahu and a considerable shift in tone by the us president. here in washington, the wars in the middle east and ukraine took centre stage on tuesday at a high—level meeting in dc between america and britain's top diplomats. uk foreign secretary lord cameron and us secretary of state antony blinken discussed support to ukraine, as well as the humanitarian situation in gaza. lord cameron's visit comes as the uk takes part in the biggest airdrop of aid into gaza since the israel—hamas war began. in all, nine nations, including the us, delivered critical supplies to the territory. lord c
hello, i'm michelle fleury. presidentjoe biden said in a new interview that israeli prime minister benjamin netanyahu is making a mistake with his handling of the war against hamas. mr biden�*s interview with spanish language network univision that aired on tuesday but was recorded last wednesday. the president is also calling for a unilateral ceasefire between israel and hamas. his comments are his most critical yet of mr netanyahu and a considerable shift in tone by the us president. here...
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Apr 17, 2024
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here is michelle fleury from new york with more. higherfor longer. that is the message from america's top banker, jerome powell on us interest rates. the chair of the federal reserve said policymakers hadn't seen enough progress on inflation since its rapid decline last year. and with inflation likely to take longer to return to the fed's desired target of 2%, a cut in rates, he said, didn't seem justified. we've said at the fomc that we'll need greater confidence that inflation is moving sustainably toward 2% before it would be appropriate to ease policy. you know, we took that cautious approach and, sought that greater confidence so as not to overreact to the string of low inflation readings that we had
here is michelle fleury from new york with more. higherfor longer. that is the message from america's top banker, jerome powell on us interest rates. the chair of the federal reserve said policymakers hadn't seen enough progress on inflation since its rapid decline last year. and with inflation likely to take longer to return to the fed's desired target of 2%, a cut in rates, he said, didn't seem justified. we've said at the fomc that we'll need greater confidence that inflation is moving...
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Apr 18, 2024
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from new york, michelle fleury reports. this was damaging testimony for the plane maker. boeing engineer turned whistle—blower, sam salehpour, claimed boeing used short cuts to reduce bottlenecks during the assembly of its 787 dreamliner planes. he said he faced retaliation for raising safety issues. and after the threats and after this, you know, it's like, you know, it really scares me, believe me. but i am at peace. you know, if something happens to me, i am at peace because i feel like by coming forward, i will be saving a lot of lives, and i'm at peace. another boeing engineer, ed pierson, accused the plane—maker of a criminal cover up after a door blew out
from new york, michelle fleury reports. this was damaging testimony for the plane maker. boeing engineer turned whistle—blower, sam salehpour, claimed boeing used short cuts to reduce bottlenecks during the assembly of its 787 dreamliner planes. he said he faced retaliation for raising safety issues. and after the threats and after this, you know, it's like, you know, it really scares me, believe me. but i am at peace. you know, if something happens to me, i am at peace because i feel like by...
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Apr 16, 2024
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with the latest, here's michelle fleury in new york. the company behind the truth social platform has told financial regulators it plans toissue financial regulators it plans to issue another 21 one half million shares linked to warrants these are contracts that give investors the right to buy or sell a stock at a specific price within a certain timeframe. the sale can also devalue a stock that there is not enough demand to absorb the increase with available shares which appears to be what happened today. trump media is also looking for approval to potentially resell up to 100 and next million shares held by current investors, including a former president who is the majority shareholder. the move paving the way for them to be able to cash in sooner, currently these insiders are barred from any sheer sale until september, and see securities and exchange commission signs off on the filing insiders including mr trump can seek broad approval to start selling their stock. it's worth noting so—called lock—ups such as this are fairly commo
with the latest, here's michelle fleury in new york. the company behind the truth social platform has told financial regulators it plans toissue financial regulators it plans to issue another 21 one half million shares linked to warrants these are contracts that give investors the right to buy or sell a stock at a specific price within a certain timeframe. the sale can also devalue a stock that there is not enough demand to absorb the increase with available shares which appears to be what...
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Apr 30, 2024
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the bbc�*s michelle fleury has more from new york. for apple and tesla investors the big question is how are they doing in china? elon musk�*s car companyjust got good news on that front. tesla cleared a major hurdle for its full self driving technology in china after years of trying. this is a key moment for the electric car maker. it faces fierce domestic competition in china along with softer demand.
the bbc�*s michelle fleury has more from new york. for apple and tesla investors the big question is how are they doing in china? elon musk�*s car companyjust got good news on that front. tesla cleared a major hurdle for its full self driving technology in china after years of trying. this is a key moment for the electric car maker. it faces fierce domestic competition in china along with softer demand.
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Apr 4, 2024
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michelle fleury in new york has more. to billy, aia is the bad guy and for katy perry it is time to rise. a growing number of musicians say companies are training ai musicians say companies are training al to replace artists. in an open letter they acknowledge the creative potential of ai but called on tech companies and developers to stop using it to infringe upon and devalue the right of human artists. 0ne upon and devalue the right of human artists. one year ago suppose a collaboration between drake and the weekend went viral but it was an ai song made by somebody called ghost writer. last month tennessee became the first state to pass a law to protect artists from using ai a law to protect artists from using al to copy and artist's voice without permission. country music star luke was at the signing of the bill. securing protections from al was a priority for striking actors last year. now it is musicians who are raising their voices. ~ , . ., , musicians who are raising their voices. ~ , . voices. musicians most affe
michelle fleury in new york has more. to billy, aia is the bad guy and for katy perry it is time to rise. a growing number of musicians say companies are training ai musicians say companies are training al to replace artists. in an open letter they acknowledge the creative potential of ai but called on tech companies and developers to stop using it to infringe upon and devalue the right of human artists. 0ne upon and devalue the right of human artists. one year ago suppose a collaboration...
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Apr 2, 2024
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for more on this, here's the bbc�*s north america business correspondent michelle fleury in new york. 0ne analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory in berlin halted production. higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. but it is the chinese market that investors are most worried about. dan ives from wedbush securities blamed rising ev competition and a lingering price war for the challenges that the company faces in that market. the gloomy outlook, well, it's driven tesla's stock down roughly 30% since the start of this year. still one bright spot — it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,0
for more on this, here's the bbc�*s north america business correspondent michelle fleury in new york. 0ne analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory in berlin halted...
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Apr 5, 2024
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let's cross over to new york now and speak to our north america business correspondent michelle fleury. why is mcdonald's doing this? i think you have to go back to the start of this conflict, october seven, after that alonya which owns the mcdonald's franchise in israel, said they would give free meals to many israeli soldiers. that sparked a boycott on the company. whether thatis a boycott on the company. whether that is related to this decision it is impossible to know. but they are ending a 30 year relationship in which essentially this franchisee has built
let's cross over to new york now and speak to our north america business correspondent michelle fleury. why is mcdonald's doing this? i think you have to go back to the start of this conflict, october seven, after that alonya which owns the mcdonald's franchise in israel, said they would give free meals to many israeli soldiers. that sparked a boycott on the company. whether thatis a boycott on the company. whether that is related to this decision it is impossible to know. but they are ending a...
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Apr 30, 2024
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michelle fleury in new york has the details. for apple and tesla investors big question is how are they doing in china? elon musk�*s i karpanyjust got good news on the front with tesla clearing a major hurdle for its full self—driving technology in china after years of trying. this is a key moment for the electric car maker, facing fierce domestic competition in china along with softer demand. and remember that tesla isn't just a car company. it is an autonomous driving and repo taxi company, massive amounts of data are needed to train its algorithms and fine tune these systems. meanwhile apple has seeniphone systems. meanwhile apple has seen iphone sales fall in china, that will of course be in focus when it reports quarterly results after the us market closed on thursday as will only announcement that it makes on artificial intelligence. another stock that has the power to move markets this week as amazon. it turned in its report card later today. the tech giant is under pressure to pay shareholders a dividend. it's now th
michelle fleury in new york has the details. for apple and tesla investors big question is how are they doing in china? elon musk�*s i karpanyjust got good news on the front with tesla clearing a major hurdle for its full self—driving technology in china after years of trying. this is a key moment for the electric car maker, facing fierce domestic competition in china along with softer demand. and remember that tesla isn't just a car company. it is an autonomous driving and repo taxi...
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Apr 30, 2024
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joining us now is michelle fleury in new york. the attention it will be on what we hear from the fed and the language they use. if hear from the fed and the language the use. , ., hear from the fed and the language the use. i. , hear from the fed and the language the use. ,, , ,. hear from the fed and the language the use. they use. if you cast your mind back to janua they use. if you cast your mind back to january when _ they use. if you cast your mind back to january when we _ they use. if you cast your mind back to january when we were _ they use. if you cast your mind back to january when we were talking - to january when we were talking about what the year with a hole in terms of interest—rate policy from the world's largest economy, we were discussing cuts, maybe three this year —— the year would hold. but that seems to be slipping away because growth in the us economy is slowing and we are seeing inflation moving in the wrong direction, increasing, and data released about one hour ago revealed us consumer confidence i
joining us now is michelle fleury in new york. the attention it will be on what we hear from the fed and the language they use. if hear from the fed and the language the use. , ., hear from the fed and the language the use. i. , hear from the fed and the language the use. ,, , ,. hear from the fed and the language the use. they use. if you cast your mind back to janua they use. if you cast your mind back to january when _ they use. if you cast your mind back to january when we _ they use. if...
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Apr 18, 2024
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from new york, michelle fleury reports. this was damaging testimony for the plane maker. boeing engineer turned whistle—blower, sam salehpour, claimed boeing used short cuts to reduce bottlenecks during the assembly of its 787 dreamliner planes. he said he faced retaliation for raising safety issues. and after the threats and after this, you know, it's like, you know, it really scares me, believe me. but i am at peace. you know, if something happens to me, i am at peace because i feel like by coming forward, i will be saving a lot of lives, and i'm at peace. another boeing engineer, ed pierson, accused the plane—maker of a criminal cover up after a door blew out of a 737 max plane shortly after take—off.
from new york, michelle fleury reports. this was damaging testimony for the plane maker. boeing engineer turned whistle—blower, sam salehpour, claimed boeing used short cuts to reduce bottlenecks during the assembly of its 787 dreamliner planes. he said he faced retaliation for raising safety issues. and after the threats and after this, you know, it's like, you know, it really scares me, believe me. but i am at peace. you know, if something happens to me, i am at peace because i feel like by...
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Apr 2, 2024
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for more on this, here's our bbc north america business correspondent michelle fleury in new york. one analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory in berlin halted production.
for more on this, here's our bbc north america business correspondent michelle fleury in new york. one analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s car company has suffered multiple setbacks. a fire at its gigafactory in berlin halted...
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Apr 17, 2024
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from new york, here's michelle fleury with more. higherfor longer, that higher for longer, that is the message on us interest rates. each of the federal reserve that policymakers have not seen enough progress on inflation since its rapid decline last year. with inflation likely to take longer to return to the fence desired target of 2%, a cut in rates he said did not seem justified. we said that we will need greater confidence that inflation is moving systemically towards 2% before it would be appropriate to his policy. it would be appropriate to his oli . . ., ., ., policy. the recent data have clearly not _ policy. the recent data have clearly not given _ policy. the recent data have clearly not given us - policy. the recent data have clearly not given us greater| clearly not given us greater confidence and instead indicates it is likely to take longer than expected to achieve that confidence.— that confidence. today's remarks _ that confidence. today's remarks highly - that confidence. today's remarks highly the - that confiden
from new york, here's michelle fleury with more. higherfor longer, that higher for longer, that is the message on us interest rates. each of the federal reserve that policymakers have not seen enough progress on inflation since its rapid decline last year. with inflation likely to take longer to return to the fence desired target of 2%, a cut in rates he said did not seem justified. we said that we will need greater confidence that inflation is moving systemically towards 2% before it would be...
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Apr 12, 2024
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the bbc�*s north america business correspondent, michelle fleury has more. with interest rates in many richer countries now at their highest levels in years, the head of the imf, kristalina georgieva, urged caution when it comes to cutting interest rates. where necessary, policymakers must resist calls for premature
the bbc�*s north america business correspondent, michelle fleury has more. with interest rates in many richer countries now at their highest levels in years, the head of the imf, kristalina georgieva, urged caution when it comes to cutting interest rates. where necessary, policymakers must resist calls for premature
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Apr 4, 2024
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michelle fleury in new york has more. to billie eilish ai is the new bad guy. to katy perry, it is time to rise. a growing number of musicians are worried. companies are training a! models to replace human artists. more than 200 of them have joined with the artists rights alliance, a nonprofit, to demand protection against ai. in an open letter, they acknowledged the creative potential of ai, but called on tech companies and developers to stop using it to infringe upon and devalue the right of human artists. a year ago, a supposed collaboration between drake and the weeknd went viral. it was actually an a! song made by someone called ghostwriter. cheering. last month, tennessee became the first state to pass a law to protect artists from using al to copy an artist's voice without permission. country music star luke bryan was at the bill's signing. stuff comes in on my voice on my phone and i can't tell it's not me. securing protections from al was a priority for striking actors last year. now, it is musicians who are raising their voices. i think the musicians
michelle fleury in new york has more. to billie eilish ai is the new bad guy. to katy perry, it is time to rise. a growing number of musicians are worried. companies are training a! models to replace human artists. more than 200 of them have joined with the artists rights alliance, a nonprofit, to demand protection against ai. in an open letter, they acknowledged the creative potential of ai, but called on tech companies and developers to stop using it to infringe upon and devalue the right of...
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Apr 17, 2024
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from new york, here's michelle fleury with more. higherfor longer. that is the message from america's top banker, jerome powell, on us interest rates. the chair of the federal reserve said policymakers hadn't seen enough progress on inflation since its rapid decline last year. and with inflation likely to take longer to return to the fed's desired target of 2%, a cut in rates, he said, didn't seem justified. so we've said at the fomc that we'll need greater confidence that inflation is moving sustainably toward 2% before it would be appropriate to ease policy. the recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence. today's remarks highlight the different paths being taken by central banks around the world, with the european central bank's christine lagarde reaffirming that the ecb was still on track to cut rates. many people expect the ecb will cut rates injune. now, the timing of the first rate cut here in the united states this cycle has become a sub
from new york, here's michelle fleury with more. higherfor longer. that is the message from america's top banker, jerome powell, on us interest rates. the chair of the federal reserve said policymakers hadn't seen enough progress on inflation since its rapid decline last year. and with inflation likely to take longer to return to the fed's desired target of 2%, a cut in rates, he said, didn't seem justified. so we've said at the fomc that we'll need greater confidence that inflation is moving...