Nowadays, the enormous energy consumption worldwide has taken a downturn due to the hiking energy prices. Whether it’s gas, oil, or coal, the rising costs forced many facilities worldwide to cut their energy expenses. This is a good moment to... Read more

The post How should facilities optimize their power consumption due to the hiking energy prices? appeared first on EEP - Electrical Engineering Portal.

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This edition of Ask Annissa tackles the question of whether or not it’s possible to come up with square foot pricing for a content restoration job.

Agency updates tool for evaluating homes in National Flood Insurance Program.

Ecopol’s recently completed production facility in Griffin, Georgia, successfully began operations in fourth quarter 2023 and is now serving customers across North America.

Inspired by paperboard cups, Metsä Board’s packaging design team developed the new paperboard mug with a heat-sealed transparent plastic film that keeps the licorice fresh.

First announced in May, the project progressed at a remarkable speed, demonstrating the versatility and efficiency of PulPac’s Dry Molded Fiber technology, which brings to life bespoke, deep-drawn designs with a premium feel.

CAULIPOWER’s new, healthy riced cauliflower range is packed in Greiner Packaging’s 100% recyclable, reusable and microwavable K3 cardboard-plastic cup.

The trays originate from natural waste and are designed to return to the earth, fully decomposing into compost at the end of their lifecycle.

Australia data - Wage Price Index for Q3 2024:

+0.8% q/q for the third consecutive quarter

• expected +0.9%, prior +0.8%
• Both the private sector and the public sector rose 0.8%, seasonally adjusted, for the quarter.

+3.5% y/y, lowest annual rise for the series since December quarter 2022 and followed four consecutive quarters of annual wage growth equal to or above 4%.

• expected +3.6%, prior +4.1%

---

The Australian Bureau of Statistics (ABS) publishes the Wage Price Index (WPI) quarterly, measuring changes in the price of labor, unaffected by shifts in workforce composition, hours worked, or employee characteristics.

The ABS provides detailed WPI data, including breakdowns by industry and sector, offering insights into wage trends across Australia's economy.

Fundamental Overview

The puzzling weakness in the US Dollar following Trump’s victory looks more and more like it was just a “sell the fact” reaction. The greenback is now back in the driving seat, and we might have also seen some pre-positioning in the past couple of days into a potentially hot US CPI report today.

At the latest Fed’s decision, Fed Chair Powell said that they expect bumps on inflation and that one or two bad data months on inflation won’t change the process. This keeps the 25 bps cut in December in place even if we get higher inflation readings.

The market though is forward-looking, and the rise in Treasury yields showed that the market sees risks to the inflation outlook. Moreover, the red sweep could increase those fears if the progress on inflation stalls, or worse, reverses.

The market might have already assigned some premium to a higher than expected print, so there's some risk of a short-term "sell the fact" reaction on a higher than expected number.

It goes without saying that a bigger than expected upside surprise should see the momentum increasing immediately with the US Dollar likely rallying across the board and Treasury yields shooting higher.

On the other hand, a soft print will likely see the US Dollar and Treasury yields falling, although one can argue that it's just going to provide a pullback to go long the US Dollar and short bonds again at even better levels as future conditions will likely see inflation getting stuck above the target or even moving back higher.

EURUSD Technical Analysis – Daily Timeframe

On the daily chart, we can see that EURUSD broke through the key support zone around the 1.0777 following the Trump’s victor, retested it and eventually continued lower. We are now testing another key level at 1.06 handle, and this is where the buyers are stepping in with a defined risk below the level to position for a rally back into the 1.0777 level. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into the 1.05 handle next.

EURUSD Technical Analysis – 4 hour Timeframe

On the 4 hour chart, we can see that we have a downward trendline defining the current bearish momentum. We can expect the sellers to lean on it to position for the break below the 1.06 handle, while the buyers will look for a break higher to increase the bullish bets into the 1.0777 level.

EURUSD Technical Analysis – 1 hour Timeframe

On the 1 hour chart, we can see that we have a minor resistance zone around the 1.0630 level where we have the trendline for confluence. This is where the sellers are likely to step in with a defined risk above the trendline to position for the break below the 1.06 handle. The buyers, on the other hand, will look for a break higher to increase the bullish bets into the 1.0777 level. The red lines define the average daily range for today.

Upcoming Catalysts

Today, we have the US CPI report. Tomorrow, we get the latest US Jobless Claims figures. On Friday, we conclude the week with the US Retail Sales data.

For some context, these subsidies did come to an end in May but were reinstated in August through to October to cope with the warmer weather. Subsequently, they were continued until this year-end but the funds had to be drawn from reserves in the budget for the fiscal year that started in April.

NHK is now reporting that the government is considering keeping these subsidies from January through to March next year. Amid a higher cost of living in key populated areas such as Tokyo, the measure above is mainly to try and combat rising consumer prices.

Washington, D.C. -- Iconic game show “The Price Is Right”, which airs on CBS and is produced by Fremantle, is the 2022 television inductee into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame. Host Drew Carey and executive producer and showrunner Evelyn Warfel will accept the award at The Achievement in Broadcasting Awards on the NAB Show Main Stage on April 24 at 4:30 p.m. in Las Vegas, Nev.

Disney World deal includes 2-day ticket for Typhoon Lagoon water park for the price of a 1-day ticket.

Principles for a unified format of price/tariffs/rates lists used for exchanging telephone traffic

Shares of Shopify (NYSE: SHOP) are skyrocketing in early-morning trading after the company announced its Q3 2024 results, which beat expectations. As of the time of this writing, SHOP stock is up an impressive 23% to above $110 per share. 

However, Shopify’s stock isn’t on fire only because of its good Q3. There are some other reasons why Shopify is exciting investors this morning. Here’s what to know:

Shopify’s ‘outstanding’ results

Shopify would probably disagree with the statement that the company had a good Q3. As the company’s president, Harley Finkelstein, said in a press release, the results were “outstanding.”

Why was the quarter so outstanding? A big part of it was the company’s Q3 revenue, which came in at $2.16 billion. That represents a whopping 26% year-over-year growth rate from Q3 2023.

As Reuters notes, it even surpassed many analysts’ lofty expectations of $2.11 billion in revenue, leading to the ninth time in a row that the company has beat analyst expectations on sales.

Not only did Shopify beat analyst expectations again, but its 26% revenue growth for this quarter marked “our sixth consecutive quarter of greater than 25% revenue growth excluding logistics,” Shopify CFO Jeff Hoffmeister said.

In a slide deck, Shopify also announced that as of Q3 2024, the company had facilitated $1 trillion in global sales since the platform’s inception and that it now has a 10% share of the U.S. e-commerce market.

Okay, but why did Shopify have such a good Q3?

As also noted by Reuters, Shopify attracted more merchants to its online e-commerce platform this quarter. One of the attractions for the merchants seems to be a new artificial intelligence tool Shopify started rolling out in June called Sidekick.

Sidekick is an artificial intelligence assistant currently in early access for some merchants. Shopify says the AI bot “will act as your very own advisor, guiding you with tailored, skilled advice to make your business stronger.”

It does this by shouldering some of the mundane but necessary tasks that any businessperson needs to do to manage their business. Sidekick can help easily keep track of a merchant’s inventory, generate myriad reports that reveal new insights about your business, and even suggest ways to attract more customers to a storefront.

Sidekick is in addition to another AI tool Shopify offers, this one called Shopify Magic, which helps merchants create product images for their wares, write product descriptions, and even help them generate FAQs for their stores.

These AI tools are making it easier than ever for customers to manage their storefronts, and their availability is clearly a draw for some merchants.

The future looks promising, too

But Shopify’s stock isn’t only surging because the company had a terrific Q3. If anything, investors seem most excited about what the company has predicted will happen next.

Shopify’s current quarter, Q4, is arguably the most important of the year for the company and its merchants. This is the all-important holiday shopping quarter—and Shopify has anounced it has strong hopes for the period.

The key metric that Shopify has forecast is its revenue expectations for Q4, which the company says it expects will “grow at a mid-to-high-twenties percentage rate on a year-over-year basis.”

That’s music to investors’ ears, as it means Shopify expects it may do even better in Q4 than its just-completed outstanding Q3. That revenue growth estimate is also more than the 22.7% revenue growth many analysts were expecting, noted Reuters.

A resurgent stock

Shopify’s stock started 2024 with prices hovering in the high seventies before dropping to the low sixties over the summer. But since the beginning of the fall, SHOP shares have been on an upswing. Today’s 23% surge means SHOP shares are actually up over 38% year-to-date.

However, despite the resurgent stock, SHOP shares are nowhere near their all-time high of above $152 per share. Those highs were achieved in mid- to late-2021 when e-commerce was enjoying a pandemic boom as more people preferred online shopping over brick-and-mortar stores.

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In the latest report from Consumer Intelligence Research Partners (CIRP), the average price of iPhones sold in the U.S. during the September 2024 quarter has hit an unprecedented $1,018. This peak, known as the U.S. Weighted Average Retail Price (US-WARP), marks the highest point in CIRP’s tracking history and is driven by consumer interest in […]

The Competition and Markets Authority will give its final decision on the major merger deal by 7 December.

Read more: Vodafone-Three merger could hike prices, finds UK watchdog

Approaching more stability after the volatility of the past couple of years, sales of new single-family homes in the US significantly corrected down in June, at 697,000 units, which is 2.5% lower than May's downwardly revised 715,000, but up almost 24% compared to June 2022. 

The August producer price index report showed stable construction materials prices, with slight declines in wood and steel products, while power wire and cable prices surged, but overall, construction materials prices have been relatively steady in 2023.

Profit must be calculated as a percentage not of cost, but of the final selling price.

Change your beliefs, and find the people who are comfortable paying your price.

Escape the price-driven sale with these real-world strategies aimed to help roofing contractors succeed.

Sean Gregory, Senior Writer for Time Magazine and Time.com, discusses the NFL's investigation into the Ray Rice case.

[Addis Standard] Addis Abeba -- Drivers in Hawassa, the capital of Sidama Regional State, report an acute and worsening fuel shortage, which they attribute to widespread black market sales within the city.

[This Day] Following the significant increase in price of Premium Motor Spirit and other products, a total of six oil & Gas companies listed on the Nigerian Exchange Limited (NGX) generated N2.97 trillion revenue in in nine months of 2024.

Some creative Government accountancy may have found Flybe calmer skies; but its narrow escape highlights the precarious state of UK aviation, says the international courier expert ParcelHero. It is warning that with Heathrow's expansion plan seemingly in an eternal holding pattern, UK PLC is missing out on up to £14 billion a year in lost trade.

John Berlau, a senior fellow at the Competitive Enterprise Institute, discusses the Fair Access Rule by the Office of the Comptroller of the Currency

The post Does banking fairness come at a fair price to consumers? first appeared on Federal News Network.

ANC, Dolby Atmos, multipoint support for up to five devices, and even a UV sanitising charging case. These earbuds offer a lot of buck for the buck. #lg #tonefreet90s #tws

Can you find a faster car for less money? I don’t think so. And that’s the main appeal of the Model 3 Performance. #tesla #model3performance #ev

As the price of Bitcoin (BTC) recorded a new all-time high of $80,137, the overall cryptocurrency market experienced a massive inflow. The buying pressure was key to the recovery trend witnessed by most altcoins, including Shiba Inu (SHIB), which saw its burn rate surge remarkably.  Shiba Inu Burns Nearly 500M SHIB Coins As Memecoin Surges [...]

The dramatic price hike of two emerging Solana meme coins, AI Prophecy (ACT) and Peanut the Squirrel (PNUT), has been fuelled by Binance’s spot trading listing. The unexpected move by the legendary crypto exchange Binance has surged the market capitalization of the ACT from $20 million to an astounding $433 million. The listing will be [...]

Ai16z is a cryptocurrency associated with the venture capital firm s16z. In the last 24 hours, the value of Ai16z has increased by 237.69%. The price surge has gained wide attention among crypto investors. The current trading volume of the token signals a market rise of 444.20%. Investors are interested in the project as the [...]

U.S. President-elect Donald Trump has named Tesla CEO Elon Musk and former Republican presidential candidate Vivek Ramaswamy to lead the newly formed Department of Government Efficiency (D.O.G.E). The initiative aims to streamline government operations and cut wasteful government spending.  Trump Appoints Elon Musk And Vivek Ramaswamy To Head D.O.G.E And Cut $2 Trillion In Government [...]

We obtained 900 complaints the FCC received about T-Mobile's infamous price hike.

Most Americans may not realize popular tech hasn't been hit by China tariffs—yet.

(The Center Square) - After over ten straight weeks of price declines Washington state fuel prices are still among the highest in the nation and rank fourth among the 50 states.

The plant supplies 6% of California's power, yet critics charge the facility is too expensive and too dangerous to continue operating.

Gas prices could rise after vote by California regulators

There will be a price increase for Charnos, Hanes, L'eggs and Sleek. This price increase averaging over 4 to 5% will take effective on 1st February 2004.

The Smithsonian Magazine reminds us that "Barns are painted red because of the physics of dying stars", summing up a more detailed post by Google employee Yonatan Zunger on the nature of stars, the atmosphere, and cheap paint found on barns.

By Lee van der Voo, High Country News…

In this month's edition of AppleVis Unleashed, Thomas Domville and Mike Malarsie discuss recent Apple news and other topics of interest. Topics featured in this episode include:

• Wider Tech Discussions: AppleVis Forums Expand Beyond Apple
• WWDC 2024 will show off Apple's AI efforts on June 10
• Apple Developing New Accessibility Features for iOS 18 and macOS 15
• Apple reportedly considering using Google’s Gemini Ai engine into iPhones with iOS 18
• Apple Watch Series 10 could finally offer blood pressure monitoring
• Mass production of two new AirPods models to start in May, targeting fall release
• US DOJ takes on Apple in massive antitrust suit, after years of investigations
• Apple could be in trouble over DMA security warnings, as well as Core Technology Fee
• Be My Eyes Expands with Service Directory

Links:

• Wider Tech Discussions: AppleVis Forums Expand Beyond Apple
• WWDC 2024 will show off Apple's AI efforts on June 10
• Apple Developing New Accessibility Features for iOS 18 and macOS 15
• Apple reportedly considering using Google’s Gemini Ai engine into iPhones with iOS 18
• Sources: iOS 18 Lets Users Customize Layout of Home Screen App Icons
• Apple Watch Series 10 could finally offer blood pressure monitoring
• Mass production of two new AirPods models to start in May, targeting fall release
• iOS 18 rumored to bring hearing aid mode to AirPods Pro
• US DOJ takes on Apple in massive antitrust suit, after years of investigations
• Apple will crush the DoJ in court if Garland sticks with outdated arguments
• The lock-in problem at the heart of the DOJ’s case against Apple
• EU rejects Apple’s European App Store changes: Company could be fined 10% of global turnover
• Apple could be in trouble over DMA security warnings, as well as Core Technology Fee
• Apple Fined $2 Billion by E.U. for Using App Store to Thwart Competition…

Indore's Siyaganj market is experiencing a surge in demand for groceries ahead of the wedding season, despite significant price increases in edible oils, pulses, and grains. Traders anticipate an 8-10% rise in business compared to the previous year, driven by bulk orders from caterers and increased individual purchases.

India's consumer price inflation likely surged to a 14-month high in October, driven by soaring vegetable and edible oil prices. Economists predict inflation hit 5.81%, just below the central bank's 6% tolerance limit. A weak rupee and rising global commodity prices add to inflationary pressures, potentially delaying anticipated interest rate cuts.

Inter IKEA reported a 5.3% drop in annual sales, partly due to price cuts with lower raw material costs. As inflation impacts spending, more people are expected to host at home this holiday season. More price reductions are planned for 2025 by Inter IKEA starting from September 1st.

Asian Paints faced a challenging second quarter with muted demand due to uneven rainfall and a slowdown in metro cities. Despite price hikes, competitive intensity remains high. The company is cautiously optimistic about single-digit volume growth in the coming quarter while closely observing AkzoNobel's strategic review of its India business.