
Financial Times

Lebanon Drastically Reduces Official Exchange Rate by 90% #Lebanon #CurrencyDevaluation
The Central Bank of Lebanon has recently announced a drastic reduction in the official exchange rate of the Lebanese pound, dropping it by 90%. This move is intended to help stabilize the country's economy and reduce the impact of the ongoing currency devaluation. The new exchange rate will be set at 3,900 Lebanese pounds to the US dollar, down from the previous rate of 1,507. This move is expected to have a significant impact on the cost of living in Lebanon, as well as on businesses and investors.

Visual Capitalist

#GenerativeAI #ExplainedbyAI #Infographic
This infographic explains Generative AI, a type of artificial intelligence that uses algorithms to generate new data from existing data. It provides an overview of the technology, its applications, and its potential implications for the future. The infographic also includes examples of how Generative AI is being used in various industries, such as healthcare, finance, and retail. Finally, it provides a summary of the key benefits and challenges associated with Generative AI.

Vanessa Girard

#EarningsDisappointments Could Accelerate in Q1: Morgan Stanley's Wilson
Earnings Disappointments Could Accelerate in Q1: Morgan Stanley's Wilson is a report from Morgan Stanley's Chief U.S. Equity Strategist, Michael Wilson, that warns investors of the potential for an increase in earnings disappointments in the first quarter of 2021. The report highlights the risks posed by the ongoing pandemic, including the potential for further economic disruption and the impact of rising commodity prices on corporate profits. Wilson also notes that the market has been pricing in a strong recovery, which could be derailed if companies fail to meet expectations. The report provides investors with an overview of the current market environment and offers strategies for navigating the potential risks.

CNN

#Couple #Forget #Baby #AirportCheckIn
This couple was so busy getting ready for their vacation that they completely forgot to check in their baby at the airport! This item is perfect for any couple who needs a reminder to make sure they don't forget their little one when they travel. It's a great way to ensure that your baby is safe and secure during your travels.

Melissa Thornton

FedEx Cuts 10% of Its Officers and Directors Amidst Slowing Demand #FedEx #Layoffs #Demand
FedEx has announced that it will be cutting 10% of its officers and directors in response to slowing demand. This move is part of a larger effort to reduce costs and streamline operations in order to remain competitive in the current market. The layoffs are expected to affect hundreds of employees, and will likely have a significant impact on the company's bottom line. FedEx is hoping that these cuts will help them remain profitable despite the current economic climate.

MarketWatch
How to Avoid Being Duped Again? Nasdaq's 10% Jump in January and What History Predicts for the Tech-Heavy Index #Nasdaq #TechHeavyIndex
This guide provides an in-depth look at the Nasdaq's 10% jump in January and what history predicts for the tech-heavy index. It covers the key factors that drove the Nasdaq's rise, as well as the potential risks and opportunities that investors should be aware of. The guide also provides a comprehensive overview of the Nasdaq's historical performance, including its highs and lows, and offers advice on how to avoid being duped again. With this guide, investors can make informed decisions about their investments and protect themselves from potential losses.

Melissa Thornton

#BiggestMovesMidday: #Peloton, #AMD, #Altria, #Snap and More
#BiggestMovesMidday is a roundup of the biggest stock market movers during midday trading. This includes stocks such as Peloton, AMD, Altria, Snap and more. These stocks have seen significant gains or losses during the day, and this roundup provides an overview of the biggest moves. It is a great resource for investors to stay up to date on the latest market news.

The Verge

#Peloton's #Recovery After a Year of Struggles
Peloton's Recovery After a Year of Struggles is an inspiring story of resilience and determination. After a year of financial struggles, Peloton has managed to turn things around and is now back on track. The company has made significant investments in its product line, marketing, and customer service, and has seen a surge in sales and customer satisfaction. Peloton's Recovery After a Year of Struggles is a testament to the power of hard work and dedication, and a reminder that no matter how difficult the situation may seem, there is always a way to come out on top.

Gizmodo.com

Intel Reduces Salaries to Cut Costs #Intel #CostCutting
Intel is a leading technology company that designs and manufactures computer hardware and software. Recently, Intel announced that it would be reducing salaries for some of its employees in order to cut costs. This cost-cutting measure is intended to help Intel remain competitive in the market and ensure its long-term success. The salary reductions will affect both salaried and hourly employees, with the most significant cuts being made to executive and senior management positions. Intel has also implemented other cost-cutting measures such as reducing travel expenses and cutting back on non-essential services.