Business, General Powell says the Fed doesn’t need to be ‘in a hurry’ to reduce interest rates November 14, 2024 “The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.
Fed holds interest rates steady, still sees two cuts coming this year The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that…
Oracle shares plummet 11% in premarket, dragging down AI stocks Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation DeepSeek founder Liang has received the lion’s share of media attention in recent weeks as his AI assistant ascended to…