Expect four rate cuts in 2024

CNBC’s Deirdre Bosa reports on news from Microsoft.

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email While airline stocks have not recovered to pre-pandemic levels, passengers have returned in record-breaking numbers. The year 2023 was Denver International Airport’s busiest on record, with an estimated 78 million passengers. United Airlines is Denver’s biggest operator. It recently invested nearly $1…

The Federal Communications Commission passed new rules Thursday that reclassified the Internet as a public utility, and there’s a clear list of winners and losers. The new rules allow the FCC to regulate Internet service providers the same way they regulate telecom companies and prevent them from creating “slow and fast lanes” for web traffic….

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Florian Bressand, chief business officer of Mistral AI, says “we really see this as a lively ecosystem where no company, given the importance of this technology, will want to rely on a single provider.”

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Street Signs Asia Louise Loo, lead China economist at Oxford Economics, says “the easing bias is still there, but we’re likely to see different kinds of easing.” 04:28 35 minutes ago

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Winnie Wu, Bank of America’s chief China equity strategist, says recent policy measures to stabilize the stock market help put a floor “to stop some of this capitulation,” but a “fundamental turnaround” will be needed if investors are to return to the…