2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

NY Fed: Inflation Expectations Jump, Driven By Surging Gas Ahead of Friday's CPI report, inflation fears are already rising, with the NY Fed's latest monthly survey of consumer expectations reporting that Inflation expectations at the one-year horizon were higher at 3.42% in March from the previous month’s 3.00%, matching the highest since April '25. Inflation expectations also increased by 0.1% to 3.1% at the three-year-ahead horizon, and were unchanged at 3.0% at the five-year-ahead horizon in March. The jump in year-ahead expectations was driven by a surge in gas inflation which rose 5.3%...

Coffee Tied To Lower Dementia Risk, Harvard-MIT Study Finds New research published in JAMA reveals a strong reason to feel even better about being three to four espressos deep before the cash market opens in New York.  Here's the short version of the findings: Caffeinated coffee was linked to lower dementia risk. Comparing the highest vs lowest consumption groups, the study reported a hazard ratio of 0.82 (95% CI, 0.76 to 0.89), which means higher caffeinated coffee intake was associated with lower risk. People also reported less subjective cognitive decline. The higher-intake group had...

The US Dollar: From Exceptional To Average? Authored by Eva Sun-Wai via BondVigilantes.com, The dollar’s slide last year looks less like a sudden break and more like the culmination of pressures that have been gathering for a while. The fading of US exceptionalism has sat quietly in the background, and once the narrative started to normalise, the cracks became clearer: softer growth expectations, slower capital inflows, and valuations that had been leaning heavily on the idea that the US could keep outperforming indefinitely. The currency came into the year heavily owned...