Weekly Update - Feb 3, 2023

Top News

1. U.S. labor costs trail forecasts with signs of moderating inflation

https://www.bloomberg.com/news/articles/2023-01-31/us-labor-costs-ease-to-1-showing-moderating-inflation-for-fed?srnd=markets-vp&leadSource=uverify%20wall

2. Central banks to lift interest rates to 15-year highs

https://www.ft.com/content/ef8452ca-f7bb-499f-a67f-51b13a5ad76c 

3. Layoffs continue with FedEx, Rivian, PayPal, Bed Bath & Beyond, and more

https://www.linkedin.com/news/story/fedex-rivian-match-and-more-layoffs-6121322/ 

4. International Monetary Fund (IMF) upgrades positive outlook on global economy

https://www.wsj.com/articles/imf-upgrades-outlook-for-global-economy-as-inflation-eases-and-china-reopens-11675096489?mod=hp_lead_pos3 

5. U.S. stocks trade lower ahead of Fed monetary policy decision

https://www.wsj.com/articles/global-stocks-markets-dow-update-02-01-2023-11675252971?mod=markets_major_pos10 

6. ECB raises interest rates by half-point, pledges further hike in March

https://www.cnbc.com/2023/02/02/european-central-bank-raises-rates-by-50-basis-points-pledges-further-hike-in-march.html 

7. OpenAI launches ChatGPT subscription plan

https://www.wsj.com/articles/openai-to-offer-chatgpt-monthly-subscription-plan-11675284555?mod=business_featst_pos3 

8. Apple, Alphabet, Amazon Hurt as economic slump crimps demand

https://www.bloomberg.com/news/articles/2023-02-03/apple-alphabet-and-amazon-hurt-as-economic-slump-crimps-demand?srnd=markets-vp&leadSource=uverify%20wall 

Fobi Updates

Press Releases

https://www.fobi.ai/press/fobi-announces-commercial-pulseir-launch 

https://www.fobi.ai/press/fobi-signs-pulseir-deal-empower-clinics 

Videos

The PulseIR Story with CEO Rob Anson
https://www.youtube.com/watch?v=70dGxQ0iL6w 

Fobi Insider Podcast

https://www.fobi.ai/podcast

PulseIR by Fobi partners with Empower Clinics
https://www.fobi.ai/podcast

Blogs

Strategic Agency Partnerships & Co-Innovation Are Driving Enhanced Engagement for Brands:
https://www.fobi.ai/articles/strategic-agency-partnerships-co-innovation

Digitization vs. Digitalization: Why The Difference Matters 
https://www.fobi.ai/articles/digitization-vs-digitalization