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The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder.12:25 GDP and inflation figures arrive together at 8:30 a.m. Eastern time. Strong growth and persistent price pressures could strengthen the case for an interest-rate increase in December. Medicare used AI to pre-approve patient care, and it immediately led to a large drop in medical services12:25 Medicare is testing the use of AI to conduct prior authorizations to target wasteful medical spending ‘There may be better investment options’: My church received $1.5 million from a parishioner. Is 3.75% interest enough?11:21 “Given the size and long-term nature of this gift, we want to make sure the funds are managed prudently.” ServiceNow stock is on track for its largest drop on record. But JPMorgan sees a bright spot.11:21 Shares in the software company declined nearly 18% in premarket trading on Thursday as investors digested its third-quarter earnings. ‘Fancy cars hold no appeal’: My wife and I have a 99% chance of outliving our savings. Why don’t we spend it all?10:17 “I’m 68, she’s 74, and we’re both in good health. We married later in life and have no children or close family remaining.” NBA star LaMelo Ball is selling his $2.6 million luxury condo in Charlotte after leaving the Hornets10:17 NBA point guard LaMelo Ball is making another major move: selling his $2.6 million home in one of Uptown Charlotte’s most exclusive residential buildings. Why Alphabet’s stock could see its worst drop in years after the latest results1:15 A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries. |
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