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...It was something tenable on the horizon, so was a reason to look past the current EV sales slump....
...I’ve got another meeting with Wes Streeting and Peter Kyle about AI in the health service tomorrow. Feel like I am making headway....
...Although inflation has slowed in recent months, January’s consumer price index report showed price growth for services has remained sticky....
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
...This serves no one, including the brilliant young people who are recruited into the civil service....
...Vin Diwakar, NHS England’s national medical director for secondary care, said: “Better use of data is essential for the NHS to tackle waiting times, join up patient care and make the health service sustainable...
...OpenAI will likely begin offering corporate services, including customer support, through the Tokyo office. Hiring local talent in Japan is also on the horizon....
...Icahn said in a press release last week: “Given our hedge portfolio and the frequent long time horizon of our complex activist investments, our returns can often be lumpy....
...But with no solution on the horizon, this is morphing into panic....
...But investors with long time horizons and the willingness to stick to general rather than exotic equity risk can still get rich. They may not live to 99 or become billionaires....
...Talking of inflation, my colleague Martin Wolf has an excellent tour d’horizon of the new world of elevated public debt that we have entered, and its potential inflationary impact....
...He is an activist by nature, living by the principle that any system can be improved if you care enough....
...In June 2004, at the invitation of the UN, a group of asset managers, banks and insurance firms launched a 60-page report called “Who Cares Wins”....
...Spencer Hill of Goldman Sachs (who forecasted yesterday’s core CPI reading almost exactly) spots this “January effect” in labour-intensive price categories such as medical services, personal care and daycare...
...Andy Yen, chief executive at email service Proton, said: “I don’t think a company like Apple cares [about the fine]. It’s a slap on the wrist.”...
...However, the surging futures interest indicates the participation of a class of traders who care less about the markets’ overall direction, and are instead focused on the arbitrage opportunities between...
...He points out several PCE services categories, including medical care and portfolio management, that have dragged PCE lower but are likely to reverse....
...Peter Kyle, the shadow science secretary, is working up an agenda to bring artificial intelligence and transformational technology into public services....
...They come with fully equipped kitchens, a concierge service and the kind of housekeepers who pin fresh jasmine corsages to your evening shirt....
...And if Uber does grow very fast and becomes much more profitable, no one will care because there will be plenty of money to go around. If it doesn’t, there will be plenty of other things to cry about....
...He expanded my horizons.”...
...In its mid-year report, PwC found that volumes for US health services deals were 4 per cent lower than in 2022....
...The US House of Representatives elected a leader yesterday, and the market didn’t care. It was focused instead on bloodying up tech stocks....
...Their gallery tends to care more about that than an auction house does....
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