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Transcripts For BBCNEWS World 20240704

Seen from the nasdaq since november 21. We have been seeing good news about the stock market because the snp 500, a different index, has actually had a huge string of records, over 12 this year. There are a couple of things contributing to the Strong Performance generally, and a couple specifically, and when we zoom in on the nasdaq, the biggest thing was the Inflation Report came out yesterday, a highly watched number that the Federal Reserve specifically looked at and measures what people actually paying for goods and services. It showed inflation is tempering just a bit. The year over year measure was the smallest increase we have seen in years, and it lends steam to the narrative that inflation might be cooling, and that might do some favours to the market the Way Investors look at it. More broadly, there is enthusiasm over ai lifting tech stocks, many of which live in the nasdaq. Agaii tech stocks, many of which live in the nasdaq tech stocks, many of which live in the nasdar. ,.

Transcripts For BBCNEWS Business 20240702

Than expected last month. Our economics editor faisal islam has been to rustington, in east sussex, to find out if people are feeling any better about their finances. On about their finances. The on about theirfinances. The high on about their finances. The high street, on about theirfinances. The high street, shoppers can on the high street, shoppers can feel inflation is coming but the feelgood factor the Prime Minister will depend on in a general election remains elusive. ,. ,. , in a general election remains elusive. ,. ,. Elusive. Some products are auoin elusive. Some products are going up. Elusive. Some products are going up. Some elusive. Some products are going up, some products. Elusive. Some products are l going up, some products are plateauing. It isjust going up, some products are plateauing. It is just not a good time for everybody. I good time for everybody. I think things are still going up ust think things are still going up just slightly less faster. Gas and electricit

Transcripts For BBCNEWS Business 20240703

Questions being asked at this weeks Global Ai Safety Summit in south korea. The second of its kind, it is co hosted with britain after the inaugural event in november last year at Bletchley Park near london. Francine bennett is interim director at the Ada Lovelace Institute an independent Research Institute specialising in al and is in south korea for this summit. A very warm welcome to the programme. So first of all, what will be achieved in seoul, do you think . Do you think . Well, thats a aood do you think . Well, thats a good question. Do you think . Well, thats a good question. I do you think . Well, thats a good question. I hope do you think . Well, thats a good question. I hope what| do you think . Well, thats a good question. I hope what will be achieved in seoul is moving on from the conversation from the Bletchley Summit Last year. So we had some really good initial conversations there, and i think what wasnt to see is shaping the development of this, potentially very new te

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