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Digitalisation can lead to huge advantages for contractors, and can also change the supply chain. It can lead to increased transparency in the long run, more market power for IT service providers, and fewer independent architects. The advantages of digital construction In our previous article on dig

Increased regulation of China's consumer tech industry has seriously dented company revenues, with widespread implications. But the digitisation of industry - supported by government policies - provides an opportunity for growth, which could help the overall digital economy grow by an average of 16%

We heard from three central banks this week: the Reserve Bank of New Zealand (RBNZ), the Bank of Canada (BoC), and the European Central Bank (ECB). The first two hiked by 50 bps, the latter of course kept rates steady. All three warned of the same thing: the risk that people begin to think that the

Stocks tried to advance – and then failed. The failure being credited to caution at Apple – Ridiculous. IBM beats across all lines but warns of $ strength – algo’s take it down. T-48 hrs – what will Vlad do with Nordstream. Try the Summer Risotto. So the Fear of Missing Out – blew up on Monday….stoc

(CNN Business)Elon Musk, the Tesla and SpaceX CEO and world's richest man, welcomed twins last year with an executive at one of his other companies, Neuralink, Business Insider reported on Wednesday. Musk, who posted a tweet on May 24 saying "USA birth rate has been below min sustainable levels for

New York (CNN Business)Former Trump economic official Gary Cohn is in favor of President Joe Biden lifting some Trump-era tariffs imposed on China to address high inflation. "These tariffs are adding to the cost of many goods that US consumers are buying," Cohn told CNN. Cohn, now vice chairman at I

Minneapolis (CNN Business)In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple euphemisms to describe the potential impact on Americans' jobs, from economic "pain" to "unfortunate costs" and a "softening labor market." Data, however, doesn't min

This is an updated version of a story that originally ran on August 26, 2022. In its continued bid to quash high inflation, the Federal Reserve on Wednesday raised the overnight bank lending rate to a range of 3% to 3.25%. It is the fifth increase by the US central bank in six months and its third c

New York (CNN Business)The still-clogged global supply chain continues to wreak havoc on the auto industry. Ford said late Monday it will end September with between 40,000 and 45,000 large pickups and SUVs that it can't finish because it doesn't have all the parts.Negotiations on various supplies, w