Consumer sentiment survey followed by the Fed shows inflation expectations ease slightly

A shopper inside a women’s clothing store in the East Village neighborhood of Des Moines, Iowa, on Saturday, Feb. 5, 2022. Kathryn Gamble | Bloomberg | Getty Images A widely followed consumer sentiment survey released Friday showed inflation expectations have eased slightly. The University of Michigan’s Surveys of Consumers said…

Asia Gains to End Week

Advertisment Shares in the Asia-Pacific were higher on Friday, led by tech stocks on the Hong Kong market. In Japan, the Nikkei 225 jumped 320.72 points, or 1.2%, to 26,491.87. SoftBank Group’s chief executive, Masayoshi Son, said on Friday that chip designer Arm was mostly likely to…

Fibocom and Aetina Collaborate to Bring 5G Release 16 Capabilities to AI Edge Computer Based on NVIDIA® Jetson Xavier™ NX

Integrated with Fibocom FM160-EAU module, which features 3GPP Release 16 capabilities, Aetina AN810-XNX edge AI computer is designed with Nvidia Jetson NX platform, jointly bringing 5G connectivity and edge AI capacity for robotics, drone, industrial inspection, etc. Fibocom, a global leading provider of IoT (Internet of Things) wireless solutions and…

Demand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 years

Mortgage applications to purchase a home rose 8% last week compared with the previous week, bolstered in part by demand for adjustable-rate mortgages, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications were, however, 10% lower than they were in the same week one year ago. A big jump…