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☆ There are 'very favorable signs' inflation will come down, says Wharton's Jeremy Siegel
  + stars: | 2024-05-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are 'very favorable signs' inflation will come down, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, Fed Chair Powell's commentary, interest rate outlook, and more.
Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
☆ Why Corporate America is keeping quiet on abortion
  + stars: | 2024-04-16 | by ( Allison Morrow | ) edition.cnn.com   time to read: +8 min
New York CNN —Eight years ago, when North Carolina tried regulate how transgender people use public bathrooms, Corporate America revolted. Nearly two dozen states have either banned or severely curtailed abortion rights since Roe v. Wade was overturned two years ago. Lamberton: What we’ve seen is the natural life cycle of an idea. But in the last few years, we’ve seen that position softening. Economically, we’ve seen a great deal of volatility just in the last half decade.
Persons: CNN Business ’, Roe, Wade, we’ve, Bud, Cait Lamberton, ” Lamberton, ”, Lamberton, We’ve, Bud Light, Busch, isn’t, it’s, they’re, John Wanamaker Organizations: CNN Business, New York CNN —, America, PayPal, Associated Press, —, American Civil Liberties Union, University of Pennsylvania’s Wharton School of Business, Consumers, Anheuser, Bud, Brands, Coca Cola, Companies, Technology Locations: New York, North Carolina, Ukraine, Georgia, Philadelphia
☆ Here’s what would happen to the US economy if there are no rate cuts this year
  + stars: | 2024-04-16 | by ( Elisabeth Buchwald | ) edition.cnn.com   time to read: +4 min
That’s why Fed Chair Powell conveyed on Tuesday the central bank won’t be cutting interest rates any time soon. How would the US economy handle more months of painstakingly high interest rates? Investors are banking on cutsWhen Fed officials initially penciled in three rate cuts at the end of last year, markets hit new highs. But the longer the Fed leaves interest rates higher means more pain could be inflicted on households and businesses, said Goldstein. But not everyone thinks cracks in the economy will widen if the Fed doesn’t cut rates this year.
Persons: Powell, ” Powell, paring, Itay Goldstein, Tesla, Goldstein, ”, Brian Rose, David Mericle, Goldman Sachs Organizations: New, New York CNN — Federal Reserve, Bank of Canada, Tiff, Investors, Dow, Nasdaq, University of Pennsylvania’s Wharton School of Business, CNN, Fed, Treasury, UBS Global Wealth Management Locations: New York
☆ Dave Calhoun was the CEO hired to fix Boeing. It has been in crisis since he took over
  + stars: | 2024-03-14 | by ( Allison Morrow | ) edition.cnn.com   time to read: +5 min
So how does CEO Dave Calhoun still have a job? Boeing said it is working closely with regulators’ investigations and has plans in place to improve safety measures at its production facilities. Boeing’s 737 Max problems would be egregious enough on its own. But Dave Calhoun, Boeing’s chief executive since 2020, remains in his job, as does the entire C-suite at the time of this writing. Boeing hired Calhoun to right the ship.
Persons: New York CNN —, Dave Calhoun, “ It’s, ” Richard Aboulafia, ”, Max, John Barnett, Barnett’s, ‘, Calhoun, ’ ”, Aboulafia, McDonnell Douglas, “, ” Aboulafia, Boeing hasn’t, haven’t, ” Gad Allon, Allon isn’t Organizations: New, New York CNN, Boeing, ” Boeing, Airbus, CNN, University of Pennsylvania’s Wharton School of Business Locations: New York, Australia, New Zealand, Calhoun
☆ How do we solve a problem like Boeing?
  + stars: | 2024-03-13 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
New York CNN —It took decades for Boeing to build a reputation as one of the most reliable companies on the planet. The latest headache for Boeing came Monday, when a 787 Dreamliner flying from Australia to New Zealand plunged suddenly mid-flight, injuring several passengers. It’s not clear what, if any, culpability Boeing has here — it said it’s gathering information about what went wrong. So, how do we solve a problem like Boeing? “This can be really as big as a financial crisis,” considering how many businesses around the world rely on Boeing planes.
Persons: CNN Business ’, Tesla, Brian Jokat, it’s, can’t, ” Gad Allon, “, ” Allon isn’t, Matt Stoller, ” Stoller, that’s, “ There’s, ” Allon Organizations: CNN Business, New York CNN, Boeing, American, Regulators, Latam Airlines, CNN, Wall Street Journal, FAA, Airbus, Pilots, University of Pennsylvania’s Wharton School of Business, American Economic Liberties, Boeing isn’t Locations: New York, Australia, New Zealand, American
☆ No hurry for the Fed to lower rates 'as long as the economy remains strong': Wharton's Jeremy Siegel
  + stars: | 2024-02-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo hurry for the Fed to lower rates 'as long as the economy remains strong': Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's rate path outlook, and more.
Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: Fed, University of Pennsylvania’s Wharton School of Business
☆ The Fed can't be 'anywhere near as stubborn' when it comes to rate cuts: Wharton's Jeremy Siegel
  + stars: | 2023-12-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed can't be 'anywhere near as stubborn' when it comes to rate cuts: Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, whether major averages can continue riding the five-week win streak, the Fed's rate hike outlook, and more.
Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
☆ The Fed should 'start talking' about lowering rates, says Wharton's Jeremy Siegel
  + stars: | 2023-11-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should 'start talking' about lowering rates, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, 2024 outlook, and more.
Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
☆ Fed Chair Powell has to be very alert to slow down, says Wharton's Jeremy Siegel
  + stars: | 2023-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Chair Powell has to be very alert to slow down, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, economic outlook, and more.
Persons: Powell, Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
☆ Wharton's Jeremy Siegel: I do think we're going to have a year-end rally in 2023
  + stars: | 2023-10-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWharton's Jeremy Siegel: I do think we're going to have a year-end rally in 2023Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, rising Treasury yields, and more.
Persons: Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
☆ Bonds have proven to been a very bad hedge against inflation, says Wharton's Jeremy Siegel
  + stars: | 2023-10-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBonds have proven to been a very bad hedge against inflation, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business, joins 'Squawk Box' to discuss the latest market trends, why he believes equities are poised for a year-end rally, rising bond yields, and more.
Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
☆ Tupperware has been struggling for some time. These charts show how
  + stars: | 2023-04-23 | by ( Alex Leeds Matthews | ) edition.cnn.com   time to read: +5 min
CNN —Tupperware may be on the verge of collapse, but the 77-year-old business’ potential demise isn’t necessarily a harbinger of worsening economic conditions. Some business experts say that’s because Tupperware has failed to adapt to changing consumer behaviors. The Tupperware brand name is so iconic that it’s become shorthand for all food leftover storage. That might be part of the problem, as other brands have emerged to compete against Tupperware, sometimes at lower price points. Tupperware has historically only sold to consumers through “direct sales,” most commonly at “Tupperware parties.” These parties were gatherings where people who enjoyed the product would demo and sell the Tupperware brand to their friends and acquaintances.
☆ 5 jaw-dropping things GPT-4 can do that ChatGPT couldn’t
  + stars: | 2023-03-16 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +7 min
On Tuesday, OpenAI announced the next-generation version of the artificial intelligence technology that underpins its viral chatbot tool, ChatGPT. The company said GPT-4 recently passed a simulated law school bar exam with a score around the top 10% of test takers. Providing more precise responsesCompared to the prior version, GPT-4 is able to produce longer, more detailed and more reliable written responses, according to the company. One early user said it provided in-depth suggestions for pickup lines based on a question listed on a dating profile. “They can produce inaccurate information from time to time and can be black-box in nature.”For now, OpenAI said GPT-4 users should exercise caution and use “great care” particularly “in high-stakes contexts.”
☆ ChatGPT creator rolls out ‘imperfect’ tool to help teachers spot potential cheating
  + stars: | 2023-01-31 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +5 min
CNN —Two months after OpenAI unnerved some educators with the public release of ChatGPT, an AI chatbot that can help students and professionals generate shockingly convincing essays, the company is unveiling a new tool to help teachers adapt. OpenAI on Tuesday announced a new feature, called an “AI text classifier,” that allows users to check if an essay was written by a human or AI. Public schools in New York City and Seattle have already banned students and teachers from using ChatGPT on the district’s networks and devices. OpenAI now joins a small but growing list of efforts to help educators detect when a written work is generated by ChatGPT. Some companies such as Turnitin are actively working on ChatGPT plagiarism detection tools that could help teachers identify when assignments are written by the tool.
☆ ChatGPT passes exams from law and business schools
  + stars: | 2023-01-26 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +4 min
CNN —ChatGPT is smart enough to pass prestigious graduate-level exams – though not with particularly high marks. The powerful new AI chatbot tool recently passed law exams in four courses at the University of Minnesota and another exam at University of Pennsylvania’s Wharton School of Business, according to professors at the schools. To test how well ChatGPT could generate answers on exams for the four courses, professors at the University of Minnesota Law School recently graded the tests blindly. ChatGPT fared better during a business management course exam at Wharton, where it earned a B to B- grade. “ChatGPT struggled with the most classic components of law school exams, such as spotting potential legal issues and deep analysis applying legal rules to the facts of a case,” Choi said.
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