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By Staff Reporters
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Stat: 0.7%. That’s how much retail sales grew last month, a sign that inflation isn’t dampening consumer spending or demand. (CNBC)
Quote: “This is pure market economics. We do not magically have thousands of additional AI developers, product managers, and everything else.”—Paul J. Groce, partner and head of the Americas at recruitment firm Leathwaite, on how a talent shortage is driving up wages for AI positions. (the Wall Street Journal)
Read: The teetering company threatening China’s economy. (the New York Times)
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Filed under: "Ask-an-Advisor", Breaking News, Experts Invited, Funding Basics, iMBA, Inc., Investing | Tagged: AI, China, CNBC, economics, inflation, Leathwaite, New York Times, NYT, Paul Groce, retail, retail sales, WSJ | Leave a comment »
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