/biz/ - Business & Finance

>>50482835
>Max rate hikes are already priced in
Rates are going to have to go above 3.5% to tame inflation and no one is pricing it in.
>But that will cause a recession
Yes demand destruction is the point if you can't control supply.

>>50454444
https://en.wikipedia.org/wiki/Tetraphobia

>>50370160

>EU Approves Landmark Legislation to Regulate Apple and Other Big Tech Firms
>Apple is almost certain to be classified as a "gatekeeper" due to the size of its annual turnover in the EU, its ownership and operation of platforms with a large number of active users, and its "entrenched and durable position" due to how long it has met these criteria, and will therefore be subject to the rules set out in the DMA. Under the DMA, gatekeepers will have to:
>Allow users to install apps from third-party app stores and sideload directly from the internet.
>Allow developers to offer third-party payment systems in apps and promote offers outside the gatekeeper's platforms.
There goes a major source of AAPL's revenue.
https://www.macrumors.com/2022/07/05/eu-approves-landmark-legislation-to-regulate-apple/