Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are ...
Tag: Markets
Anthropic launches $100 million AI fund with Menlo Ventures, ramping up competition with OpenAI
Anthropic and one of its biggest investors are taking a page from Apple's playbook.The artificial intelligence startup and Menlo Ventures ...
HSBC appoints Georges Elhedery as group CEO starting Sept. 2
HSBC logo is displayed outside a branch of in the United Kingdom.Matt Cardy | Getty ImagesHSBC announced on Wednesday that ...
Spirit Airlines forecasts wider quarterly loss as revenue falls short of expectations
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. ...
Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
An employee handles one kilogram of gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, ...
China’s imports unexpectedly drop in June, but exports beat forecasts
PIctured here is the Qianwen container terminal in the port city of Qingdao, Shangdong, China on July 11, 2024. Cfoto | ...
How AI and automation will reshape grocery stores and fast-food chains
AI isn't just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot ...
China reports second-quarter GDP growth of 4.7%, missing expectations
Chinese-made cars wait to be loaded onto a ship for export at Yantai Port on July 12, 2024, in Shandong ...
Wells Fargo shares tumble after net interest income falls short of estimates
Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded ...
JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher
Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting ...
