Inflation in the U.S. is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management. Free America Network Articles
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Shut out from their top destinations, Chinese travelers are turning to other places
Visa difficulties and high-profile rows with South Korea and Japan are pushing many Chinese travelers to opt for vacations to Southeast Asia. Free America Network Articles
‘Fed is not your friend’: Wells Fargo delivers warning ahead of key inflation report
Wells Fargo Securities’ Michael Schumacher believes Fed policy is working against equity investors regardless of this week’s inflation data outcome. Free America Network Articles
China’s tech giants are launching ChatGPT clones — and Beijing is watching closely
Chinese technology giants from Alibaba to Baidu have announced their intentions to launch ChatGPT-style products. Free America Network Articles
Roomba maker iRobot to lay off about 7% of its workforce
The cuts come on top of a separate round of layoffs iRobot announced last year. Free America Network Articles
NBC Sports hopes to make an aggressive bid to bring back the NBA, sources say
NBC Sports wants to bring back the “NBA on NBC” after letting rights go more than 20 years ago, sources say. Free America Network Articles
Alphabet Chairman John Hennessy explains why Google was hesitant to put out its ChatGPT competitor
“You don’t want to put a system out that either says wrong things or sometimes says toxic things,” Alphabet Chairman John Hennessy said at a conference Monday Free America Network Articles
Elon Musk and astronaut Scott Kelly debate use of Starlink in Ukraine
Ukraine’s use of SpaceX’s satellite internet service Starlink remains a crucial yet contentious part of the country’s fragile infrastructure. Free America Network Articles
Do you owe federal taxes on relief checks? Not if you live in these 16 states
After a delay, the IRS provides guidance on whether you owe federal taxes on your 2022 state-issued checks or tax rebates. Free America Network Articles
Stocks making the biggest moves after hours: Avis, Palantir, Cadence Design and more
These are the stocks posting the largest moves in post-bell trading. Free America Network Articles