Markets Digest Softening Inflation Data
Bloomberg Surveillance
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Impact of Weight Loss Drugs on Food Companies and Clothing Retailers
The chapter explores the contrasting effects of weight loss medications on food companies, who are concerned, and clothing retailers, who benefit from increased sales to slimmer Americans requiring smaller sizes. It also touches on the rising popularity of weight loss drugs like Zempic, Apple's upcoming artificial intelligence offerings, and the push for AI integration in search functions, with a cautionary tale of Wells Fargo's failed rent credit card program.
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