* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, August 6, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Credo Technology: Wiring The AI Revolution (NASDAQ:CRDO) – Seeking Alpha

    Credo Technology: Driving the Next Wave of AI Innovation

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

U.S. PPI ahead, China trade data disappoints

July 13, 2023
in General
U.S. PPI ahead, China trade data disappoints
Share on FacebookShare on Twitter

U.S. PPI ahead, China trade data disappoints - what's moving markets
© Reuters.

Investing.com — Investors await the publication of fresh inflation data out of the U.S. after stocks were boosted in the previous session by weaker-than-expected consumer price growth in June. Elsewhere, China’s trade data for June disappoints estimates and Beijing announces new rules governing the use of generative artificial intelligence.

1. U.S. futures climb after key inflation reading

U.S. stock futures pointed higher on Thursday, adding on to sharp gains in the prior session, as investors eyed the release of another major inflation reading.

By 05:37 ET (09:37 GMT), the contract rose by 90 points or 0.26%, added 17 points or 0.37%, and jumped by 103 points or 0.67%.

The main indices surged to their highest level in more than a year on Wednesday after the closely-watched for June slowed by more than expected, suggesting that the Federal Reserve may soon back away from its recently aggressive steak of policy tightening.

The Fed’s path ahead may become clearer later today when the producer price index, another key inflation gauge, is published at 08:30 ET. Economists project that the measure grew by 0.4% and 0.2% .

2. Chinese trade slips

Chinese exports dropped at their quickest rate in over three years in June, while imports were also weaker than expected, in a fresh sign of the pressures facing the world’s second-largest economy.

dipped by 12.4% annually in dollar terms, outpacing forecasts for a decline of 9.5%, according to customs data. also contracted by 6.8%, a faster decrease than estimates for a fall of 4.0%.

Exports and imports sank by 7.5% and 4.5%, respectively, in May.

The trade figures have cast doubt over China’s ability to rely on external sources to bolster growth. Beijing has already rolled out stimulus measures in a bid to inject new life into the country’s sputtering recovery from three years of COVID-19 rules and disruptions.

But, as China’s customs bureau spokesperson noted on Thursday, high inflation in the developed world and ongoing geopolitical tensions will likely continue to weigh on trade activity during the second half of 2023.

3. China to unveil generative AI regulation

China’s government has announced that it has issued a new set of rules to govern the use of so-called generative artificial intelligence (AI) as traditionally strict regulators in Beijing aim to gain some control over the booming industry.

The powerful Cyberspace Administration of China said that companies will now need to conduct security assessments and perform algorithm filing procedures before any product launches. These measures are set to take effect on Aug. 15.

Generative AI utilizes vast data troves to create unique content from user prompts. Microsoft-backed Open AI’s ChatGPT is perhaps the most well-known iteration of this burgeoning technology, with the program’s recent success inspiring the creation of a number of rivals.

China, which has cracked down on the domestic tech industry in recent years, has been keeping a close eye on these developments. Reports suggest that Beijing may be concerned that generative AI could produce content that does not coincide with its political views.

4. Disney extends CEO Bob Iger’s contract

Disney (NYSE:) announced that it has extended the contract of chief executive Bob Iger to 2026, further prolonging an ongoing search for his successor at the helm of the world’s biggest entertainment group.

Iger, who returned for a second stint as CEO following the rocky tenure of former head Bob Chapek, was originally supposed to stay on until 2024. But the company said the length of Iger’s contract has now been pushed out to 2026, arguing that the move will give it “continuity of leadership during [its] ongoing transformation.”

Shares in Disney moved higher by more than 1% in premarket U.S. trading on Thursday. 72-year-old Iger faces a host of challenges to the business, including a high-profile spat with U.S. presidential hopeful Ron DeSantis over its backing of LGBTQ+ causes, heavy competition to its Disney+ streaming service, and weak box office performance of the latest film from its lucrative Pixar division. Meanwhile, Disney has said it will cut 7,000 jobs to save $5.5 billion in costs.

With annual bonuses worth five times his base salary on the table, Iger will likely have ample incentive to successfully overhaul the company. However, it remains uncertain what Disney plans to do after his term ends.

5. Oil inches higher

Oil prices increased slightly on Thursday, hovering around three-month highs, after the softer-than-anticipated U.S. consumer price data suggested that the Federal Reserve may soon bring its long-time rate-hiking cycle to a close.

The modest rise in consumer prices in June boosted hopes that the central bank’s tightening campaign will peak after an anticipated increase later this month. Higher borrowing costs threaten to weigh on economic growth and, in turn, oil demand.

Meanwhile, a report from the International Energy Agency projected a surge in crude demand to record levels this year, although wider growth headwinds and elevated interest rates would moderate this uptick.

Monthly oil imports in China, which touched the second-highest figure on record, were also a silver lining in the otherwise disappointing trade data.

Thursday’s gains were limited by an unexpected build in U.S. oil inventories, with the indicating that stocks grew 5.95 million barrels in the week to July 7, much more than forecast.

By 05:37 ET, the futures traded 0.18% higher at $75.89 a barrel, while the contract climbed 0.27% to $80.33.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/us-ppi-ahead-china-trade-data-disappoints–whats-moving-markets-3124939

Previous Post

Pregnant Kourtney Kardashian Bares Baby Bump in Leopard Bikini

Next Post

Bank of Canada’s record tightening campaign exposes lenders’ mortgage risks

Ecology cleaning up diesel oil spill in Padden Creek – Cascadia Daily News

Ecology Teams Rush to Contain Diesel Spill Endangering Padden Creek

August 6, 2025
Prehistoric Air Has Been Reconstructed From Dinosaur Teeth in an Amazing First – ScienceAlert

Scientists Achieve Incredible Breakthrough by Recreating Prehistoric Atmosphere Using Dinosaur Teeth

August 6, 2025
Commentary: Ending LGBTQ+ health research will leave science in the dark – The Spokesman-Review

The Critical Importance of Continuing LGBTQ+ Health Research for Scientific Progress

August 6, 2025
DeAndre Jordan enjoys Japanese lifestyle, goes viral with comedian Kazuhisa Uekusa amid NBA retirement bu – Times of India

DeAndre Jordan Embraces Japanese Lifestyle and Goes Viral with Comedian Kazuhisa Uekusa Amid NBA Retirement

August 6, 2025
LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

LMI Expands Technology Team with Dynamic New Leadership Appointments

August 6, 2025
Rams QB Matthew Stafford dealing with aggravated disc in back, expected to be ready for Week 1 – Yahoo Sports

Rams QB Matthew Stafford dealing with aggravated disc in back, expected to be ready for Week 1 – Yahoo Sports

August 6, 2025
Inside Mecca’s Flagship in Melbourne, the World’s Biggest Beauty Store [PHOTOS] – WWD

Explore Mecca’s Melbourne Flagship: The World’s Largest Beauty Store Unveiled [PHOTOS]

August 6, 2025
Themed Entertainment Design – Purdue Polytechnic

Innovative Themed Entertainment Design: Creating Immersive Experiences

August 6, 2025
Childhood verbal abuse has lasting mental health effects similar to physical abuse – News-Medical

Childhood Verbal Abuse Leaves Deep Mental Health Scars on Par with Physical Abuse

August 6, 2025
Trump administration cannot reallocate billions meant for disaster mitigation, federal judge rules – PBS

Federal Judge Halts Trump Administration’s Plan to Redirect Billions Meant for Disaster Mitigation

August 6, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (757)
  • Economy (781)
  • Entertainment (21,659)
  • General (16,318)
  • Health (9,819)
  • Lifestyle (790)
  • News (22,149)
  • People (781)
  • Politics (791)
  • Science (15,995)
  • Sports (21,277)
  • Technology (15,760)
  • World (763)

Recent News

Ecology cleaning up diesel oil spill in Padden Creek – Cascadia Daily News

Ecology Teams Rush to Contain Diesel Spill Endangering Padden Creek

August 6, 2025
Prehistoric Air Has Been Reconstructed From Dinosaur Teeth in an Amazing First – ScienceAlert

Scientists Achieve Incredible Breakthrough by Recreating Prehistoric Atmosphere Using Dinosaur Teeth

August 6, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version