Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut
The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to ...
Tag: business news
SoftBank-backed Indian EV startup Ola Electric pops 20% on debut valuing firm at $4.8 billion
Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead ...
Fitness club company Life Time, heavily invested in pickleball, creates its own ball for the booming sport
Life Time fitness club company said it has created the "ultimate" ball for the booming sport of pickleball.Courtesy: Life TimeTired ...
Former YouTube CEO and Silicon Valley trailblazer Susan Wojcicki has died at age 56
Former YouTube CEO Susan Wojcicki, who was also one of the most influential early Google employees, has died at the ...
Container explodes on cargo ship at China’s key Ningbo port
An aerial photo is showing containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024.Nurphoto | Nurphoto ...
The rise of OpenAI and Microsoft’s $13 billion bet on the AI startup
OpenAI, the company behind the ChatGPT chatbot, was founded in 2015 by a number of researchers, academics and entrepreneurs, including ...
Stellantis laying off 2,450 plant workers due to discontinuation of Ram ‘Classic’ pickup truck
The 2019 Ram 1500 Rebel pickup truck is displayed at the North American International Auto Show in Detroit on Jan. ...
JPMorgan Chase is giving its employees an AI assistant powered by ChatGPT maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, ...
Maduro orders 10-day ban on Elon Musk’s X in Venezuela after feud with billionaire
Venezuela's President Nicolas Maduro addresses the media during an event to sign an agreement to recognize the electoral results of ...
Bitcoin plunged 28%. Institutional investors bought the dip
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to ...
