Finance

, ,

The Fed Rate Cut: Crucial Months Ahead

⋅

VOCABULARY & EXPRESSIONS

committee: 위원회
The committee decided to lower the target range for the Federal funds rate by a half percentage point.

make-or-break moment: 성패가 좌우하는 순간
Now is a make-or-break moment for the Fed.

stick the landing:매끄럽게 마무리하다
And so the question now is: Can they stick the landing?

painless: 고통 없는
I wish there were a completely painless way to restore price stability.

aggressive: 적극적인
The other camp argues more aggressive rate cuts could preempt a serious decline in employment.

under control: 통제되는
They raised rates a lot and they raised rates in large increments on the way up, and so now that inflation seems like it’s under control.

pivotal:중요한
The next six months could be pivotal to determining which of those we’re seeing unfold here.

Liked Liked

, ,

Warren Buffet on Risk Management

⋅

VOCABULARY & EXPRESSIONS

as large as (something):  ~만큼 큰
obligation: 의무
When you have a company as large as Berkshire and with all the obligations we have, to paraplegics, that have been injured, we’re going to pay for 50 years to all the employees we have, to all the stockholders we have.

chief risk officer: 최고 위기 관리자
I have to be the chief risk officer, and the truth is I am.

overview of (something): ~에 대한 개요
I should be the best person to do that because I have this overview of the whole operation, and I understand risk.

should be the case: ~이여야 하는
financial institution: 금융 기관
And I think that should be the case in every large financial institution, that the CEO regards his position number one as the chief risk officer.

Liked Liked

, , ,

Apple Forced To Allow Rival App Stores in EU

⋅

Vocabulary & Expressions

hefty: 대폭
commission: 수수료
As it stands, Apple only permits iPhones and iPads to use its own app store and it takes a hefty cut, charging developers up to 30% commission on downloads.

ecosystem: 생태계
security risks: 보안 위험
The EU hopes that opening up Apple’s ecosystem will make it easier for both customers and businesses to find more choices, but Apple is warning that it will also come with increased security risks.

make it clear: 명확히 하다
requirements: 요구 사항
So, they made it clear that they’ve tried to do the best they can by putting in place different sort of requirements, but they’re saying that they can’t take away all of that risk entirely because they lose that control.

legislation: 법률
There is a very similar piece of legislation that is moving its way through at the moment, the Digital Market and Competition Bill.

Liked Liked

, , ,

Utah Law Limits SNS Use for Minors

⋅

Vocabulary & Expressions

parental consent: 부모의 동의
Children and teenagers in Utah must seek parental consent for social media under new state laws.

toxic: 독성의
Social media companies know their products are toxic.

addictive: 중독성의
They designed their apps to be addictive.

bill: 법안
The two bills were passed earlier this month by the Utah State Legislature…

sue (someone) for damages: ~에게 손해배상 소송을 제기하다
The laws are meant to make it easier to sue social media companies for damages.

debate: 논쟁, 논란
The impact of social media on children has been the subject of a growing national debate in the United States.

verification: 증명서, 확인서
The new Utah laws, which the tech industry opposes, require all users to submit age verification before opening a social media account.

Liked Liked

, , ,

Google and Apple App Stores Under Fire in South Korea

⋅

Vocabulary & Expressions

be under fire: 공격을 받다
We know the big app stores are under fire and the latest heat here is coming from South Korea lawmakers there…

push back: 반발하다, 반박하다
fraud: 사기
undermine: 약화시키다
Apple though already pushing back on all this saying in a statement that the bill will put users who purchase digital goods from other sources at risk of fraud undermine their privacy protections impact user trust in app store purchases…

navigate: (힘들거나 복잡한 상황을) 다루다, 처리하다
…other companies and industries is gonna have to continue navigating this ongoing chip shortage…
Liked Liked

, , ,

The Post-Brexit Hard Sell for British Food in Asia

⋅

Vocabulary & Expressions

appetite: 식욕
Asia was one of the regions targeted as a market because of its rising incomes and an increasing appetite for Western food.

gastronomy: 요리법
But these cheese exporters are here to fly the flag for British gastronomy.

vital: 필수적인
diplomacy: 외교
Selling food to Asia isn’t just vital for its economy, it’s basically a form of diplomacy.

culinary: 요리
It’s something we have in common and that makes it easier to spread the Italian culinary tradition around the world.

host: 주최하다
grant: 보조금
The UK government told the BBC that it has hosted events at trade shows in the region to try and drive demand for British food, but the suppliers don’t receive any grants to attend these events in the first place.

Liked Liked

, ,

What Is ‘Spaving’ and How Can You Avoid This Financial Trap?

⋅

Vocabulary & Expressions

pastime: 취미
It’s the American pastime where we justify to ourselves that I can spend more money and somehow saving money.

free shipping: 무료 배송
Free shipping for spending a certain amount.

entice: 유인하다
It has enticed you to spend more money.

browse: 탐색하다
Enticing language and flash sales and email that says we saw you browsing this.

interest rate: 이율
People are doing it now, and they’re doing it with the interest rates sky high.

bad behavior: 불량행동
This is always bad behavior.

impulse purchase: 충동구매
These impulse purchases can be dangerous.

Liked Liked

, , , ,

Top Takeaways From Davos 2023

⋅

Vocabulary & Expressions

deep dive: 철저한 분석
…Yahoo Finance’s deep dive into the story dominating the news agenda.

rub shoulders with: (유명인 등)과 어울리다, 교제하다
…Julie Hyman and Brian Sozzi rubbed shoulders with the best of them…

doom and gloom: 어두운 전망
…when it comes to the economy and what we’re hearing on opinions, not a huge amount of doom and gloom…

in decent shape: 상태가 괜찮은
…but many companies are telling us their businesses are still in decent shape.

patchy: 일관성 없는
…they’re saying it’s sort of patchy in terms of where demand is decreasing.

augment: 보강하다
…not so much the sort of dystopian vision of AI taking jobs, but rather sort of augmenting what people are doing.

Liked Liked

, ,

Why Everything Is On Sale: The Bullwhip Effect

⋅

Vocabulary & Expressions

blood bath: 피바다, 대불황 기간
markdown: 가격 인하
…I hesitate to call it a blood bath, but it’s going to be ugly in terms of the amount of discounting and markdowns.

inventory: 재고(품)
These big inventories aren’t just a good deal for your closet.

bullwhip effect: 채찍효과(소비자 수요의 작은 변화가 공급망을 거슬러 올라갈수록 증폭되는 현상)
They’re a classic example of the bullwhip effect.

play out: 발생하다
It’s hard to say how the bullwhip is going to play out this time. 

reprieve: 일시적 모면
These sales are likely to continue throughout the year, a reprieve from inflation many shoppers are eager to take advantage of.

Liked Liked

, ,

How Much Money Is Enough Money?

⋅

Vocabulary & Expressions

notion: 관념, 생각
This research may challenge the notion of people’s desire for unlimited wants.

exception: 예외
With one exception, the American answer.

poll: 여론 조사를 하다
People polled in the U.S. said they would need $100 million for that ideal life…

in stark contrast to: ~와 극명히 대조되는
This is in stark contrast to more than 50 percent of participants in Russia, India, and Argentina…

city-dwelling: 도시에 거주하는
…people who wanted more power or unlimited amounts tended to be younger, city-dwelling people…

aspiration: 열망
…may actually be more consistent with human ideals and aspiration than is commonly believed. 

Liked Liked

Load More