Business/Consumer Services

ChatGPT AI Technology Will Create Copyright Law Problems

text size With a few words of instruction, ChatGPT can generate coherent, fluent text that feels human-generated. This could cause copyright law chaos, write Shawn C. Helms and Jason D. Krieser. dreamtime About the authors: Shawn C. Helms and Jason D. Krieser are partners at international law firm McDermott Will & Emery and co-heads of …

ChatGPT AI Technology Will Create Copyright Law Problems Read More »

‘This has bugged me all my life’: My estranged father gave me $1,000 a month to buy a house in California. My brother cried foul, and told me to stop. Who’s right?

This has bugged me all my life. My father left my family when I was 7. I’m not sure how much in child support he paid my mother. Soon after I graduated college, he visited me for the first time since he left the family. He told me that he wanted to send me money …

‘This has bugged me all my life’: My estranged father gave me $1,000 a month to buy a house in California. My brother cried foul, and told me to stop. Who’s right? Read More »

This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows.

It’s way too early to proclaim a Goldilocks environment, even if major asset classes are at least pointing to a better chance of it. The S&P 500 SPX has gained 5% this year, and the tech-heavy Nasdaq Composite COMP is up 8%, even with a seemingly daily stream of job-cut announcements. Stay tuned Thursday to …

This recession indicator is close to the point of no return. But stocks historically rally if the Fed cuts and the economy still grows. Read More »

Amazon Stock Drops. Microsoft’s Outlook Hits Cloud Stocks.

text size Microsoft stock falls as investors digested the company’s outlook. It doesn’t bode well for others in cloud computing. Jeenah Moon/Getty Images Microsoft ‘s outlook was so worrisome that it’s knocking down the stocks of other cloud companies, including amazon.com . While Microsoft’s latest quarterly results revealed strength in its cloud computing business, a …

Amazon Stock Drops. Microsoft’s Outlook Hits Cloud Stocks. Read More »

IBM posts biggest annual sales increase in more than a decade, announces layoffs

International Business Machines Corp. increased revenue more than 6% in 2022, the biggest sales increase for Big Blue in more than a decade, but its stock fell in extended trading Wednesday. Chief Executive Arvind Krishna said on IBM’s IBM, -0.52% earnings call that the company saw “revenue growth across segments and geographies,” and attributed that …

IBM posts biggest annual sales increase in more than a decade, announces layoffs Read More »

‘It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment

The flood of Big tech layoffs has again upended the dynamic between employers and employees, workers and executives say, leading to prolonged job searches and widespread fear and anxiety among many in the industry. “It is an employer’s market after years of employees having the benefit of working from home [and] more jobs with higher …

‘It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment Read More »

‘Overbought and overpriced’: This investor sees a bubble popping for one popular group of stocks.

Investors wouldn’t be blamed for sizing up the first losing week in three for the S&P 500 and decide to start the weekend early. And stock futures are just barely positive. Who can blame them after the mixed bag of data this week that has reigniting worries in some corners about whether the Fed could …

‘Overbought and overpriced’: This investor sees a bubble popping for one popular group of stocks. Read More »

Households earning $100,000 or more are cutting back more aggressively on spending. What’s going on?

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A reporter may be in touch. Higher-earning households are feeling the inflationary pinch. …

Households earning $100,000 or more are cutting back more aggressively on spending. What’s going on? Read More »

The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say

Stocks are off to a third-straight losing session as investors weigh up a fresh batch of data. That follows Wednesday’s session and extremely weak industrial production that sparked fears the economy is losing steam, as the Fed pushes on with interest rate hikes. Or as CNBC commentator Ron Insana put it: On that front, our …

The 1980s was the blueprint for the upcoming disinflation cycle and these are the stocks for it, strategists say Read More »