OpenAI CFO tells investors funding round should close by next week despite executive departures
OpenAI's Sora AI tool allows users to create AI-generated videos from text-based inputs.Costfoto | Nurphoto | Getty ImagesOpenAI CFO Sarah ...
Tag: economy
Southwest Airlines raises summer revenue forecast, authorizes $2.5 billion in share buyback
DALLAS — Southwest Airlines raised its third-quarter revenue forecast on Thursday, announced its board authorized $2.5 billion in share buybacks ...
Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week
Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP ...
China’s central bank cuts bank reserve rates, pledges other moves to help the economy
The Chinese central bank announced Tuesday a slew of measures aimed at reviving the sluggish economy, mainly by tackling a ...
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate ...
Boeing machinists on picket lines prepare for lengthy strike: ‘I can last as long as it takes’
Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a ...
Middle Eastern funds are plowing billions of dollars into hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings.Oil-rich nations ...
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week's meeting because ...
Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’
Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference.Brendan McDermid ...
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid ...
