Tag: prices
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AI boom sends Xbox, Mac and iPad prices soaring
Microsoft and Apple are raising prices for Xbox consoles, Macs and iPads as the AI boom sends memory chip costs soaring, with prices increasing by up to $300 (about €265) and as much as 25%, depending on the product.
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Why Micron Technology’s gain could be hyperscalers’ pain
Margin expansion for memory chip makers equals cost expansion for the sector’s customers.
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Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing
In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.
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Xbox to raise console prices worldwide from August
June 25 : Microsoft’s Xbox is raising prices of its gaming consoles by up to $150 worldwide, citing a deepening global components crisis that has sent storage and memory costs soaring across the consumer electronics industry.Groups representing automakers, retailers, electronics firms and others had warned ea
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Apple raises prices of MacBooks, iPads as memory costs skyrocket
SAN FRANCISCO: Apple raised iPad and MacBook prices on Thursday (Jun 25), saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry’s data centre buildout.The move does not affect Apple’s main cash cow, the iPhone. But it would take starting price of the N
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Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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Gold holds below $4,000, silver below $60 — has the shimmer worn off the precious metal rally?
Gold is down almost 8% so far this year, while silver has shed more than 20%.
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Oil price falls to levels not seen since before Iran war
Energy prices have been on a wild ride since Iran responded to US and Israeli attacks by effectively closing the Strait of Hormuz.
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Which European countries are the cheapest and most expensive?
From Iceland to North Macedonia, consumer prices vary dramatically across Europe. New Eurostat data shows where everyday goods and services cost the most — and why prices alone do not tell the full story.
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Bessent sees GDP growth booming again this year. Kalshi traders see little chance of that
Kalshi traders are not agreeing with Treasury Secretary Scott Bessent’s prediction that the U.S. economy will have 3% growth this year.
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