Things like volatile food and energy prices, so called Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers a0 year highs, but it is still well above what the Federal Reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they dont need to raise Interest Rates further. The us central bank, you may recall, raised its benchmark Interest Rate to more than 5. 25 percent, the highest level in 22 years, all in a bid to cool the economy and ease the pressures pushing up prices. So while its too early to say Mission Accomplished from the white house to wall street, there is a sense that progress is being made in the Worlds Largest economy. Chinas E Commerce Giant Alibaba reported its strongest quarterly Revenue Growth in almost two years, pushing its us listed shares up more than 4 . Earlier this week, the latest data showed Consumer Prices falli
Higher housing, cars and food costs but once his take out Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers 40 drifted down from last summers a0 year highs but its still well above what the Federal Reserve thinks of as normal prices. With the overall trend heading in the right direction, policymakers may feel that they dont need to raise Interest Rates further. Us central bank, you may recall, raised its benchmark Interest Rate to more than five and a quarter , the highest in 22 years, all in a bid to call the economy and ease the pressure is pushing up prices. Cool. Qualities too early to say mission accomplished, from the white house to wall street there is a sense that progress has been made in the Worlds Largest economy. Chinas e commerce Giant Alibaba reported its strongest quarterly Revenue Growth in almost two years, pushing its us listed shares up by more than a . Earlier this week the latest data shows C
a furrow in technology at the top of their fields. and there s no escaping it. artificial intelligence is everywhere. the past year has been a turning point for al, especially generative ai. that s the tech that creates human like text or imagery based on user prompts. chatgpt was launched in november 2022 and is now widely used. but in march of last year, elon musk was one of many leading figures who warned that it could pose a profound risk to society and humanity. however, it s now common in consumer products, including in the tesla self driving cars sold by mr musk, and it s increasingly used by businesses to in their own operations. so here we ll explore the impact of a.i. on some of the world s biggest businesses. and i ll be checking out what catches my eye on the convention floor. is it a bird? is it a plane? no, it s xpeng aerot flying car. and to find out more about it, i m joined by brian gu, president of xpeng. thanks so much forjoining us. who is this for? well,
over 1,000 miles away. we ll check out a range of other gadgets being showcased here in vegas and hearfrom two major ceos. one is the big boss of siemens, the world s largest engineering company. and i m alsojoined by the head of nasdaq, the most famous tech index on the planet, to explore what are the big issues affecting the wider industry. wherever you rejoining us from around the world, a big hello from las vegas and a warm welcome to the show. this week, we re on location at ces, the consumer electronics show. it s notjust a top tech event. it s also one of the biggest conventions in the world. 130 attendees are expected and more than 4,000 exhibitors. we ll be hearing from some very long established brands plowing a furrow in technology at the top of their fields. and there s no escaping it. artificial intelligence is everywhere. the past year has been a turning point for al, especially generative ai. that s the tech that creates human like text or imagery based on user
266 a0055958 6 pound pound. And then to raise your hand to speak, press star three. Unless youre speaking under general Public Comment, please note that you must limit your comments to the to the topic of the agenda item being discussed. If comments do not stay on topic, the chair may interrupt and ask you to limit your comment to that item. We ask that Public Comment. Be made in a civil and respectful manner and that you refrain from the use of profanity. Please address your remarks to the commission as a whole, not to individual commissioners or staff at and the public is always welcome to submit comments in writing via our email address. Public works Dot Commission at sfdp for org. On behalf of the commission, we extend thanks to the sf gov tv Building Management and Media Services staff for helping make this meeting possible and just wanted to note that in addition to the kind of seasonable warm weather theres ongoing a heat pump work going on on the building which has limited the