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☆ Investors are missing gains by passing on the market's least-loved stocks, investing legend Rob Arnott says
▼ + stars: | 2024-08-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

A portfolio of stocks booted from indexes would make an investor 74 times wealthier between 1991 and 2023, the research said. Authors Rob Arnott and Forrest Henslee announced the creation of NIXT, a fund that tracks deletions. The firm's founder and investing legend Rob Arnott and vice president Forrest Henslee wrote that stocks dropped by an index outperform for at least five years with remarkable persistence. After being deleted from an index, nixed stocks can outdo the market by an average of 5% a year. When an index decides to remove an asset, it's essentially creating excessive selling momentum, Arnott wrote.

Persons: Stocks, Rob Arnott, Forrest Henslee, —, Arnott, That's Organizations: Research Affiliates, Service, Nasdaq, Research

☆ In Mexico City, women water harvesters help make up for drought and dicey public water system
▼ + stars: | 2024-08-02 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

“I’m always looking for different rainwater harvesting systems,” she said, smiling. “I’m also always looking for places to install one.”Driven by prolonged drought and inconsistent public water delivery, many Mexico City residents are turning to rainwater. At the height of the pandemic, she taught classes on urban farming and water harvesting at a local community space. Huitzil’s mother had qualified for a free water harvesting system from Mexico City’s government in 2021. As women, she and the other members of Pixcatl want to set an example for those who want to get involved in water harvesting.

Persons: Sonia Estefanía Palacios, “ I’m, Palacios Díaz, Sonia Estefania Palacios Diaz, E, Pineda Castro, Marco Ugarte, ”, That’s, Palacios, Lizbeth Esther Pineda Castro, Sara Huitzil Morales, Huitzil, Pineda, Palacios Díaz plopped, ” Sara Huitzil Morales, Iztapalapa, ” Palacios Diaz, “, ” Loreta Castro Reguera, Abigail López Durán Organizations: Isla Urbana, Authorities, National Water Commission, Sporting, National Autonomous University, Mexico City, NBC Locations: Mexico City, Mexico, Iztapalpa, Iztapalapa’s Buenavista, Mexico City’s, State of Mexico

☆ Live Updates: Inflation Expected to Cool Slightly
▼ + stars: | 2024-05-15 | by ( Ben Casselman | ) www.nytimes.com time to read: +9 min

Housing Inflation Remains Stubbornly High Economists had expected two measures of rental inflation to fade in 2023 and 2024, but that process is taking time to play out. There are two main measures of inflation in America, the Consumer Price Index and the Personal Consumption Expenditures index. Consumer Price Index Inflation Remains Hotter The Consumer Price Index is climbing faster than the Personal Consumption Expenditures index, in large part because it weights housing more heavily. With housing, Consumer Price Index inflation totaled 3.5 percent in March. But the convergence between new and existing rent inflation is taking a lot longer than expected.

Persons: There’s, “ It’s, ”, Mark Zandi, Biden, Zandi, grousing, “, O.E.R, We’re, would’ve, Mark Franceski, I’ve, Ernie Tedeschi, Tedeschi Organizations: New York Times, Federal Reserve, Index, Housing, Zelman, Associates, White House Council, Economic Advisers Locations: America, bam, Europe

Video transcript Back bars 0:00 / 0:44 - 0:00 transcript Columbia Protesters Occupy Building on Campus People inside barricaded the doors of Hamilton Hall with furniture. “Palestine will live forever.” “Go away, yo.” “Free, free Palestine.” “Free, free, free Palestine.” “Shut it down.” “Palestine will be free.” “Disclose, divest, we will not stop, we will not rest.” People inside barricaded the doors of Hamilton Hall with furniture. Credit Credit... Bing Guan for The New York TimesOutside the neoclassical building, protesters, many wearing helmets, safety glasses, gloves and masks, barricaded the entrance. Image Student protesters marching around the encampment on campus at Columbia University on Tuesday. So far, at least, a core of student protesters has vowed to stay put.

Persons: Columbia wasn’t, “, ”, Bing Guan, Alexander Hamilton, Bob Day, Columbia’s, ” Ben Chang, Sueda, ” “ We’ve, Leanne Abraham, Bing Guan Elga Castro, Castro, Chris Eisgruber, Nemat, Anna Betts, Eryn Davis, Tracey Tully, Karla Marie Sanford, John Yoon, Mike Baker Organizations: Police, California State Polytechnic University, Humboldt, Portland State University, Hamilton Hall, Columbia, Columbia Protesters, People, Hall, ”, New York Times, Treasury, Boeing, Portland Police Bureau, Columbia University, ., New York Times Columbia, Police Department, Columbia University Faculty, Broadway Low Library Columbia University, West, St . Columbia University New York, Butler Library Amsterdam, 114th, 114th St . Columbia University New York, Barnard College, New York University, Princeton University, Clio Hall, Princeton, Rutgers University’s Locations: Hamilton, Columbia, California, Oregon, Manhattan, Palestine, ”, Portland, Gaza . Columbia, St, St . Columbia University New York City, Butler, 114th St, Spanish, Gaza, New Jersey, Brunswick

☆ Foxes were once humans’ best friends, study says
▼ + stars: | 2024-04-11 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

Archaeologists originally uncovered the near-complete D. avus skeleton buried alongside a human at Cañada Seca, a site in northern Patagonia, in 1991. Parts of the D. avus specimen were buried alongside a human at Cañada Seca, a site in northern Patagonia. D. avus lived from the Pleistocene Epoch (around 2.6 million to 11,700 years ago) into the Holocene, becoming extinct about 500 years ago. With a similar diet to D. avus, dogs may have helped speed the foxes’ extinction by outcompeting them. Dogs could also have carried and transmitted diseases that sickened the foxes, Lebrasseur added.

Persons: wasn’t, Ophélie, avus, Francisco Prevosti “, Dusicyon avus, ”, Lebrasseur, Cinthia, ” Lebrasseur, Dr, Aurora, d’Anglade, ‘, Francisco Prevosti, it’s, ” Mindy Weisberger Organizations: CNN, Wellcome Trust, Archaeology Research, University of Oxford’s School of Archaeology, Royal Society Open Science, Argentina’s, Technical Research, Universidade, Oxford, Scientific Locations: what’s, Argentina, South America, Cañada Seca, Patagonia, United Kingdom, Europe, Asia, Spain, Patagonia . Hunter

REUTERS/Kim Kyung-Hoon Acquire Licensing RightsNov 17 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Asia Pacific economic data and policy calendar on Friday is very light, with only Malaysian third quarter GDP and current account reports scheduled for release. Ahead of the data the ringgit is trading around 4.6850 per dollar, near last month's 25-year low of 4.79 per dollar. Anyone hoping for market-moving news from the Asia Pacific Economic Cooperation forum in San Francisco will have been disappointed. The gathering of APEC leaders has been cordial and cooperative but, viewed through an economic and market lens, lacking any real substance.

Persons: Kim Kyung, Jamie McGeever, Joe Biden, Xi Jinping, Fed's Barr, Collins, Daly, Josie Kao Organizations: Nikkei, REUTERS, Treasury, Asia, Malaysian, Asia Pacific Economic Cooperation, APEC, CSI, Brent, Thomson, Reuters Locations: Tokyo, Japan, U.S, Asia Pacific, Asia, San Francisco, China, Malaysia

☆ Limited Gaza evacuations via Rafah to be allowed after Qatar brokers deal - source
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

[1/6] Egyptian ambulances convoy which will carry critically injured people waits to go through the Rafah crossing from the Egyptian side, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Rafah, Egypt November 1, 2023. REUTERS/Stringer Acquire Licensing RightsDOHA/DUBAI, Nov 1 (Reuters) - Qatar has mediated an agreement between Egypt, Israel and Hamas, in coordination with the U.S., which will allow limited evacuations from besieged Gaza, a source briefed on deal told Reuters on Wednesday. Israel sent its forces into Gaza following weeks of air bombardments in retaliation for a major attack by Iran-backed Hamas on Oct 7. Ten ambulances were sent to Rafah on Tuesday in anticipation. Israel has vowed to annihilate Hamas after several inconclusive wars dating back to the militant group's 2007 takeover of Gaza.

Persons: Stringer, Israel, Abu Ubaida, Sheikh Zuwayed, Benjamin Netanyahu, Andrew Mills, Nadine Awadalla, Christian Schmollinger, Jason Neely Organizations: Hamas, REUTERS, Rights DOHA, U.S, Reuters, Paltel, Thomson Locations: Israel, Palestinian, Rafah, Egypt, DUBAI, Qatar, Gaza, Iran, Sheikh, Sinai, Doha

☆ Woman who burned herself on Dunkin’ coffee settles for $3 million
▼ + stars: | 2023-10-25 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —A Dunkin’ franchisee is paying a woman $3 million to settle a lawsuit involving hot coffee falling on her lap that she alleges caused severe burns and life-altering injuries, according to her lawyers. “America may run on Dunkin’, but our client had to re-learn how to walk due to the severity of her burns,” said Morgan & Morgan attorney Benjamin Welch in a statement. Other lawsuitsThis case echoes the famous McDonald’s hot coffee lawsuit several decades ago, in which another woman spilled coffee on her lap and suffered third-degree burns. The coffee was “30 to 40 degrees hotter than coffee served by other companies,” the law museum said. Morgan & Morgan founder John Morgan said in a statement that “restaurants still have failed to learn their lesson to prioritize customers’ safety.

Persons: Dunkin, ”, Morgan, Benjamin Welch, “, ” Welch, didn’t, Dunkin ’ isn’t, John Morgan, McDonald’s, Mable Childress, Childress, Peter Ou Organizations: New, New York CNN, American Museum of Tort, San, CNN Locations: New York, Atlanta, Georgia, America, San Francisco

☆ McDonald’s once again sued after customer burns herself on hot coffee
▼ + stars: | 2023-09-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —McDonald’s is being sued over a hot coffee spill, again. Childress also said in the lawsuit that the restaurant employees “refused” to help her, a point that the McDonald’s denied. Third-degree burns are the most severe and penetrate through the entire skin. The coffee was “30 to 40 degrees hotter than coffee served by other companies,” the law museum said. Earlier this year, McDonald’s was found liable in another case involving hot food.

Persons: New York CNN —, Mable Childress, Childress, “, ”, Peter Ou, Ou, McDonald’s Organizations: New, New York CNN, CNN, American Museum of Tort, McDonald’s, Upchurch Foods Locations: New York, San Francisco, Florida, Miami

☆ McDonald's sued for 'severe burns' from spilled hot coffee — again
▼ + stars: | 2023-09-20 | by ( Alex Portée | ) www.cnbc.com time to read: +2 min

A San Francisco McDonald's is being sued after a woman in her 80s allegedly sustained "severe burns" from a scalding cup of coffee and was refused help by store employees. Childress alleges that the incident caused her to suffer severe burns, scarring, emotional distress, as well as hospital and medical expenses. Peter Ou, the owner and operator of the San Francisco franchise in question, responded to TODAY.com's request for comment via email. According to NBC News, in 1992, 79-year-old Stella Liebeck sustained third-degree burns when a hot coffee from a New Mexico-based McDonald's spilled onto her lap. In a statement to local outlet SFGate, her lawyer, Dylan Hackett, said the coffee cup had not been "properly" covered and the coffee itself was "scalding."

Persons: Francisco McDonald's, Mable Childress, Childress, Peter Ou, McDonald's, Stella Liebeck, Dylan Hackett, Hackett, SFGate, … Nobody Organizations: NBC News, San Francisco Superior, San Francisco Locations: Francisco, San Francisco, New Mexico

☆ Woman sues McDonald's over hot coffee spill nearly thirty years after the original infamous coffee lawsuit
▼ + stars: | 2023-09-19 | by ( Nancy Luna | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

A San Francisco woman is suing McDonald's over a hot coffee that spilled and burned her. The coffee spilled and gave her severe burns in her groin area, the court filing said. The most famous scalding incident came in 1994 when 79-year-old Stella Liebeck sued McDonald's for a hot coffee burn. Liebeck initially received a $2.9 million jury award after receiving third-degree burns from spilled McDonald's coffee. Years later in 2014, a Los Angeles woman sued McDonald's for allegedly serving her a hot coffee drink that badly burned her.

Persons: McDonald's, Mable Childress, San Francisco McDonald's, Childress, Peter Ou, Stella Liebeck, Liebeck Organizations: Service, San Locations: Francisco, Wall, Silicon, San Francisco, Los Angeles

☆ CHART: AI stocks enter correction territory
▼ + stars: | 2023-08-10 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

Insider looked at 10 of the top AI stocks and found that many are in correction territory. In recent days, some of the hottest AI stocks of 2023 have entered correction territory. Insider took a look at 10 of the hottest AI stocks from earlier this year and analyzed how they've performed since peaking. This could be a short-term blip, or a reaction to higher long-term interest rates, which can depress high-growth tech stocks. (And, yes, using automation and AI to buy AI stocks is probably a self-fulfilling prophecy that also can't last).

Persons: they've, Morgan Stanley, Amara, We're, Jasper AI, Nvidia Organizations: Morning, Nvidia, AMD, Bloomberg, Nasdaq

LONDON, Aug 2 (Reuters) - The economic picture may not have to change much for the surprise element to disappear for markets - underlining the significance of this summer's sometimes grudging admissions of investment strategy missteps. SURPRISE, SURPRISEExceptional U.S. economic surprisesU.S. surprise gaps the widest in decades, excluding pandemicAlong with market moves themselves and skewed positioning monitors, the simplest take on the unpreparedness of investors can be seen in economic surprise indices. The global surprise index is close to zero, suggesting expectations for the world economy in aggregate are actually coming in on cue. And if that happens, it may just suck the oxygen from the stellar equity outperformance over bonds to date. If true, markets may find the going harder without that element of surprise.

Persons: What's, Schroders, Johanna Kyrklund, hasn't, Kyrklund, Chris Iggo, Mike Dolan Organizations: Federal, Nasdaq, Japan's Nikkei, U.S, Graphics, AXA IM Investment, Reuters, Twitter, Thomson Locations: Europe, Japan, China, U.S

☆ How Netflix can end the Hollywood strike in a way Disney, Paramount can't afford
▼ + stars: | 2023-07-20 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

"The strike is not something we wanted," said Sarandos, whose company is negotiating jointly with competing movie studios like Disney and Paramount whose parent companies also own streaming services. Some big-media companies that own streaming services, like Paramount and Disney, have seen their shares drop even in the renewed bull market of the past year. LightShed Partners analyst Rich Greenfield says Netflix made $6.5 billion last year excluding interest, taxes, and non-cash charges, while rival streaming services at Paramount, Disney and NBC lost more than $8 billion. That's a relatively small number for an industry with revenues topping $70 billion, $31.6 billion of it last year at Netflix. Paramount Global's Paramount+ service lost $1.8 billion last year, but saw losses shrink in the first quarter.

Persons: Mike Blake, Mark Mahaney, Ted Sarandos, Greg Peters, Michael Pachter, Robert Iger, Iger, CNBC's David Faber, Max, Rich Greenfield, Mahaney, hasn't, Jake Urbanski, Jamie Lumley, Peters, Spencer Neumann Organizations: Guild of America, Netflix, Alliance, Producers, Wednesday, Writers Guild of America, Screen, American Federation of Television, Radio Artists, Disney, Paramount Global, Amazon, Wedbush Securities, Television Producers, CNBC, Walt Disney Co, Sun, Paramount, Warner Bros, LightShed, NBC, Hollywood, Moody's Investors Service, Writers ' Guild of America, WGA, Twitter, Hulu, Comcast, Apple Locations: Los Angeles , California, U.S

☆ Another earnings season begins, but investors are already looking beyond it
▼ + stars: | 2023-07-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —As the second-quarter earnings season kicks off this week, investors want answers on the health of the United States’ companies and its economy. The projected second-quarter earnings decline for companies listed in the S&P 500 is roughly 7.6% compared to the prior year, according to FactSet. That would be the third consecutive quarter of declines and the largest earnings decline reported by the broad-based index since a roughly 32% loss during the second quarter of 2020. But investors will be looking even more closely at what companies forecast for their financial performance and the broader economy. Energy secretary vows to replenish Strategic Petroleum ReserveEnergy Secretary Jennifer Granholm said the United States will refill the depleted Strategic Petroleum Reserve, reports my colleague Matt Egan.

Persons: It’s, ”, Paul Eitelman, What’s, Steve Wyett, Jennifer Granholm, Matt Egan, Joe Biden, “, ” Granholm, Biden, Granholm, ” Read, Danielle Wiener, ” Jared Bernstein, Read Organizations: CNN Business, Bell, New York CNN, United, Wealth Management, Gross, North America, Russell Investments, Macy’s, Costco, JPMorgan Chase, Citigroup, BOK Financial, Energy, Strategic Petroleum Reserve Energy, Strategic Petroleum Reserve, CNN, The Energy Department, Bronner, of Labor Statistics, of Economic Advisers Locations: New York, United States, Wells Fargo, BlackRock, Ukraine, That’s

☆ Stocks' bull run from the first half won't last - high interest rates and slumping growth will kill the rally, UBS says
▼ + stars: | 2023-07-04 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

The stock-market rally will fade over the second half of 2023, according to UBS. Equities have started the year on a tear, with tech stocks posting their best first half since 1983. "Fears of higher rates, a few disappointing economic numbers, or a shift in equity market sentiment could quickly unravel optimism about US growth resilience and its underpinnings," they added. Even the AI boom – which has helped Big Tech stocks including Nvidia, Tesla, and Meta Platforms rack up triple-digit gains – could peter out soon, Haefele's team said. Read more: The AI boom has powered tech stocks to their strongest start to a year since 1983

Persons: —, Mark Haefele, Stocks, Read Organizations: UBS, Service, Big Tech, Nvidia, Tesla Locations: Swiss

The pan-European STOXX 600 index (.STOXX) closed 0.1% higher, snapping its six-day losing streak. "Markets are expecting either the data to improve from China or stimulus to increase from the government. "This realization is dawning among investors yet again, that the inflationary fight is far from over." The healthcare sector has been declining in recent weeks and is down nearly 2.9% so far this month. Reporting by Amruta Khandekar, Siddarth S and Matteo Allievi in Gdansk; Editing by Rashmi Aich, Sonia Cheema, William MacleanOur Standards: The Thomson Reuters Trust Principles.

Persons: ECB's Lagarde, Christine Lagarde, Li Qiang, Giles Coghlan, Susannah Streeter, Hargreaves Lansdown, Streeter, Goldman Sachs, Amruta Khandekar, Siddarth, Matteo Allievi, Rashmi Aich, Sonia Cheema, William Maclean Organizations: European Central Bank, HSBC, Prudential Plc, Hargreaves, Siemens Energy, Thomson Locations: China, Russia, U.S, Gdansk

☆ Mysterious Covid-19 lineages in US sewers could offer clues to chronic infections
▼ + stars: | 2023-06-09 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +5 min

One possible explanation for these “cryptic lineages” is that they can be traced back to people who have been living with a chronic – and serious – Covid-19 infection for years. In a recent preprint study, about two dozen researchers set out to understand the origin of these cryptic lineages by closely examining the evolution of one from Wisconsin. Right now, the cryptic lineages do not pose a public health threat, she said. Wastewater surveillance is inherently messy, and lots of factors can interfere with interpretation of the data, she said. Johnson says that people with chronic infections that could be behind these cryptic lineages might have unexplained symptoms.

Persons: Marc Johnson, Johnson, it’s, ”, Amy Kirby, ” Kirby, ” Johnson, We’ve, IE2GB6CwPO — Marc Johnson, “ Don’t, “ I’m Organizations: CNN, University of Missouri, US Centers for Disease Control, Surveillance, Kirby, Washington Court House Locations: United States, Wisconsin, Ohio, Columbus, Washington

☆ The stunning tech rally that boosted Meta and Nvidia by over 100% will fizzle out soon, top RBC strategist says
▼ + stars: | 2023-05-19 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Tech stocks' stunning run could soon come to an end, according to top RBC Capital Markets strategist Lori Calvasina. "The tech trade in particular feels like it's starting to run out of catalysts," she told Bloomberg. The sector has soared in 2023, with Meta and Nvidia already seeing their share prices double. Tech stocks have started 2023 with a breakneck rally, benefiting from the surge in demand for ChatGPT and other AI tech as well as traders' expectation that the Federal Reserve will soon end its interest-rate hiking campaign. Read more: Facebook parent Meta and Nvidia have both seen their stock prices double within the first 5 months of 2023

☆ Big Tech earnings are on deck this week. Why that matters
▼ + stars: | 2023-04-23 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —With Microsoft, Alphabet, Amazon and Meta Platforms all slated to report earnings this coming week, investors are turning their attention away from bank earnings to Big Tech. Another major theme for tech earnings is the race toward artificial intelligence. Earnings reports from Meta Platforms (META), Boeing (BA) and ServiceNow (NOW). Earnings reports from Amazon (AMZN), MasterCard (MA), T-Mobile (TMUS), Keurig Dr Pepper (KDP) and Capital One (COF). Earnings reports from Exxon Mobil (XOM), Chevron (CVX), Colgate-Palmolive (CL) and New York Community Bancorp (NYCB).

☆ Consumers keep spending. That might not be good news for them or the Fed
▼ + stars: | 2023-03-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

And by November and December, those predictions appeared to be materializing, when data showed consumers had pulled back during the holiday shopping season. During a month chock full of suprisingly strong economic data, the Commerce Department’s retail sales and consumer spending reports far surpassed expectations. “It’s not sustainable to keep spending above their means.”Eyes on the FedHearty consumer spending at a time like this is a double-edged sword, said Ted Rossman, senior industry analyst for Bankrate and CreditCards.com. “The resilience of consumer spending is probably the biggest thing that’s pushed this recession timetable out,” Rossman said. The Home Depot (HD) warned of flat sales for 2023 as consumers continue shift spending from goods to services.

☆ 'Prompt engineering' is one of the hottest jobs in generative AI. Here's how it works.
▼ + stars: | 2023-03-01 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Knowing how to talk to chatbots may get you hired as a prompt engineer for generative AI. Prompt engineers are experts in asking AI chatbots — which run on large language models — questions that can produce desired responses. Unlike traditional computer engineers who code, prompt engineers write prose to test AI systems for quirks; experts in generative AI told The Washington Post that this is required to develop and improve human-machine interaction models. Prompt engineering may not be 'the job of the future'Some academics question how effective prompt engineers really are in testing AI. Companies in a variety of industries are hiring prompt engineersThat isn't stopping companies across industries from hiring prompt engineers.

☆ Kevin McCarthy's oversight agenda will be 'a recurring skit on SNL' if he makes MAGA cheerleaders Marjorie Taylor Greene and Lauren Boebert investigators: GOP strategists
▼ + stars: | 2022-12-12 | by ( Warren Rojas | ) www.businessinsider.com time to read: +8 min

Reps. Marjorie Taylor Greene and Lauren Boebert want in on the GOP oversight blitz. the Oversight Committee member said of the need to keep congressional probes above board. McCarthy's office has repeatedly told Insider that the House GOP steering committee, which McCarthy leads, will handle assignments for the next Congress "at the appropriate time." Aaron Cutler, a former House GOP leadership aide and now partner at Hogan Lovells, urged House Republicans to avoid "focusing on the wrong things," and to cut bait if needed. Michael Reynolds-Pool/Getty ImagesGiven that some sort of spectacle is probably unavoidable at this point, Roe urged House Republicans to tread carefully.

☆ VCs give their unfiltered thoughts on 28 AI and big-data startups that had investors buzzing this year
▼ + stars: | 2022-11-29 | by ( Matthew Lynley | ) www.businessinsider.com time to read: +2 min

It's become one of the loudest and most crowded spaces as niche startups score big investments. Insider spoke with VCs to get their unfiltered thoughts on which startups were worth watching. The goal was to come to a consensus from investors of which startups they're watching most closely and why in an explosive landscape with dozens of companies. The investors spoke on condition of anonymity so they could talk more candidly about the startups, both those in their portfolios and competing firms, and descriptions are based off insights from multiple investors. Here's what investors are saying about 28 of the buzziest machine-learning and big-data startups, listed from least to most capital raised:

TOKYO, Nov 22 (Reuters) - Japan's weighted median inflation rate, which is closely watched as an indicator on whether price rises are broadening, hit a record 1.1% in October in a sign of heightening inflationary pressure from rising raw material and labour costs. The 1.1% year-on-year rise in the weighted median inflation was the fastest pace on record and followed a 0.5% increase in September, BOJ data showed on Tuesday. Japan's weighted median inflation rate hovered around zero for the past two decades, as firms held off on price hikes for fear of scaring away cost-sensitive consumers. Unlike the consumer price index (CPI) which is swayed by fuel and energy costs, the weighted median inflation rate is useful to trace how broadly prices are rising. In a research note published in 2015, the BOJ said the weighted median inflation rate would rise more only if inflation expectations heighten, and people begin to assume that prices will continue to rise sustainably.

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