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☆ 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

☆ 'No way' bonds are as good as stocks for long-run wealth creation, says Wharton's Jeremy Siegel
▼ + stars: | 2023-08-21 | 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 Email'No way' bonds are as good as stocks for long-run wealth creation, says Wharton's Jeremy SiegelJeremy Siegel, University of Pennsylvania’s Wharton School professor of finance, joins 'Squawk Box' to discuss the state of U.S. economy, promising productivity data, Treasury yields vs. stocks, Fed's inflation fight, and more.

Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School Locations: U.S

☆ Wharton's Jeremy Siegel: The best news conference I've heard from Jay Powell in over a year
▼ + stars: | 2023-07-27 | 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: The best news conference I've heard from Jay Powell in over a yearJeremy Siegel, University of Pennsylvania’s Wharton School professor of finance, joins 'Squawk Box' to discuss the Fed's latest 25 basis point hike, the market's longest winning streak in decades, and more.

Persons: Jeremy Siegel, I've, Jay Powell Organizations: University of Pennsylvania’s Wharton School

☆ Candles, clocks and throw pillows: 3 charts show how Home Depot and Lowe’s pivoted to “soft-DIY”
▼ + stars: | 2023-06-10 | by ( Christopher Hickey | ) edition.cnn.com time to read: +6 min

The SEC data analyzed by CNN shows that home decor sales have doubled at both Home Depot and Lowe’s in that time period. By 2022, decor products accounted for 5.4% of Lowe’s sales – more than the tools, building materials, flooring or hardware categories. In 2019, year-over-year net sales at Home Depot and Lowe’s grew by roughly 2% and 1%, respectively. In 2020, Home Depot sales grew by nearly 20%, while Lowe’s saw sales jump by roughly 24%. While still primarily home improvement retailers, expanding into home decor was simply a logical opportunity for Home Depot and Lowe’s, Saunders said — especially online.

Persons: Neil Saunders, ”, it’s, ” Lowe’s, Lowe’s, Saunders, Barbara Kahn, they’re, ” Khan, “ They’re, Ted Decker, won’t, ” Saunders Organizations: CNN, SEC, Global, Home, Depot, Home Depot, ”, University of Pennsylvania’s Wharton School, Advance, US Census Bureau Locations: Lowe’s

☆ Target is being held hostage by an anti-LGBTQ campaign
▼ + stars: | 2023-05-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

New York CNN —During every Pride Month in June for the past decade, Target has sold merchandise for LGBTQ customers, employees and allies. But this year, Target faced an anti-LGBTQ campaign that went viral on social media. Fueled by far-right personalities and on social media platforms, the anti-trans campaign spread misleading information about the company’s Pride Month products and its business practices. It won’t be worth whatever they think they’ll gain.”The campaign became hostile, with threats levied against Target employees and instances of damaged products and displays in stores. Meeting demandTarget became the focus of the anti-LGBTQ campaign’s ire for its Pride Month merchandise, but the campaign misrepresented Target’s ambitions.

Persons: ”, Matt Walsh, Kelley Robinson, Bud Light, Yoram, “ It’s, Brian Cornell, Fortune, Erik Carnell, ” Target, Gavin Newsom, Sarah Kate Ellis, Tim Calkins, Ron DeSantis, “, Paul Argenti Organizations: New, New York CNN, Target, Twitter, Human Rights, Pride, University of Pennsylvania’s Wharton School, Gallup, ”, Wall Street Journal, GLAAD, Northwestern University’s Kellogg School of Management, Companies, Nike, Disney, Florida Gov, Los Angeles Dodgers, Dodger, Dartmouth University’s Tuck School of Business Locations: New York, California, statehouses

☆ 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.”

☆ 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.

☆ 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.

New research conducted by a professor at University of Pennsylvania’s Wharton School found that the AI-driven chatbot GPT-3 was able to pass the final exam for the school's Master of Business Administration (MBA) program. Prof. Christian Terwiesch, who authored the research paper "Would Chat GPT3 Get a Wharton MBA? Terwiesch’s findings come as educators become increasingly concerned that such chat bots could inspire cheating. The Wharton School of the University of Pennsylvania in Philadelphia, on Sept. 28, 2022. Experts who work in both artificial intelligence and education have acknowledged that bots like ChatGPT could be a detriment to education in the future.

☆ Apple made China the backbone of its iPhone assembly. Shifting away could take years
▼ + stars: | 2022-12-09 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +6 min

For years, Apple has relied on a vast manufacturing network in China to mass produce the iPhone, iPad and other popular products found in households around the world. “Apple would not be the company that it is today without China as a manufacturing base,” said Eli Friedman, a professor at Cornell University whose research focuses on labor and development in China. Apple CEO Tim Cook, who helped build the company’s global supply chain, acknowledged the unique manufacturing strengths of China in one 2015 interview. Labor costs in China, while on the rise over the past decade, are also “artificially cheap because of political repression against labor organizers,” according to Friedman. Another key element to why Apple “is really reluctant to rock the boat with China is that China is also a massive market for Apple,” according to Wharton’s Allon.

☆ With product innovation lagging, Silicon Valley bets on a fresh coat of paint
▼ + stars: | 2022-10-17 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN Business —When Google unveiled its new Pixel 7 smartphone lineup earlier this month, the devices looked largely the same as the year prior. Google has also swapped the stormy black (a stormy black) option on the Pixel 6 for obsidian (still black) on the Pixel 7. The emphasis on a new color palette for devices isn’t unique to Google. Apple’s new iPhone 14 lineup comes in Starlight (a champagne color) and midnight (black), and the company has previously unveiled two shades of green (“green” and “alpine green”) and purple (“purple” and “deep purple”). “Color names that are descriptive but odd can spark positive reactions because the consumer likes being able to ‘solve the puzzle,’” she said.

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