Microsoft’s investment in OpenAI faces initial review from UK competition regulator
Jaap Arriens | Nurphoto | Getty ImagesThe U.K.'s competition watchdog has opened an initial review into Microsoft's mammoth investment into ...
Tag: economy
Joe Biden gives a rare take on interest rates by saying the latest jobs numbers show the economy is in a ‘sweep spot’ and that rate hikes aren’t needed
President Joe Biden said Friday’s jobs report shows the labor market remains resilient as inflation continues to ease, an economic ...
EU agrees to landmark AI rules as governments aim to regulate products like ChatGPT
A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research ...
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
An employee puts gold bullions into a safe deposit box at Degussa shop in SingaporeEdgar Su | ReutersGold prices hit ...
Wall Street ends mixed after job openings hint at cooling economy
Wall Street finished mixed on Tuesday after fresh employment data bolstered bets that the U.S. Federal Reserve will cut interest ...
Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
It comes after Spotify reported a 65 million euro ($70.7 million) profit for the third quarter, citing lower spend on ...
How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
Copper mines like Rio Tinto's Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of ...
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September ...
Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks
Wells Fargo Securities is officially out with its 2024 stock market forecast.Chris Harvey, the firm's head of equity strategy, sees ...
Small music venues fight to keep prices affordable as inflation eats into profits
Melis82 | Istock | Getty ImagesIt has never been easy for small or independent music venues to turn a profit. ...
