The Dow Jones (DJIA) is set to open Wednesday slightly higher, shrugging off a disappointing labor market update from ADP. In January, private payrolls grew by 22,000, well below the
As Amazon weighs an equity investment of tens of billions of dollars in OpenAI, the companies are also discussing a commercial agreement that could require OpenAI to dedicate its own researchers and engineers to developing customized models for powering Amazo…
If Warsh wants to “deliver significantly lower rates, he’ll need to get the votes,” said Bill English, who formerly led the Fed's monetary affairs division.
Elon Musk believes the best way to solve the difficulties of building AI data centers on earth is to move them into outer space. His merger this week of his rocket company SpaceX with his artificial intelligence company xAI could help get them there.
Asian stocks climbed after their steepest two-day drop since April as markets found footing following sharp swings in gold and silver that sent ripples across assets. The precious metals rose in early trading.
Amazon and T-Mobile are slashing hundreds of jobs in Bellevue and across Washington state, dealing a major blow to the region’s tech-heavy workforce as companie
French multinational Capgemini moved to distance itself “immediately” from ICE after criticism from French officials; a Canadian company has also canceled a sale to the agency.
Sen. Thom Tillis said he would oppose any new Fed nominees until the Powell probe is resolved, the same day Trump announced Kevin Warsh as his Fed chair pick.
Stocks climbed after solid factory data bolstered optimism about Corporate America while losses in gold and silver moderated after a dramatic rout. Bonds fell. The dollar saw its biggest two-day gain since April.