Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and Rates – WSJ
Federal Reserve Chair Jerome Powell affirmed the central bank’s plans to hold interest rates at the highest level in more than two decades as it...
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America is in the midst of an extraordinary startup boom – The Economist
Pearls, it is said, represent purity. They may soon stand for something else: business dynamism. In Greenville, South Carolina, two locals have created earrings that...
US Inflation Data to Show Small Step in Right Direction for Fed – Bloomberg
Forecasters expect a monthly report on US consumer prices to show inflationary pressures moderated in April after three straight worse-than-anticipated readings to start the year....
High Interest Rates Are Hitting Poorer Americans the Hardest – The New York Times
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling...
Banks, at least, are making money from a turbulent world – The Economist
Working on a trading desk is perhaps the closest an office job can get to a sport. Focus and reflexes matter. On the other side...
Google shows off astonishing vision for how AI will work with Gmail, Photos and more – CNN
A day after OpenAI impressed with a startlingly improved ChatGPT AI model, Google showed off an equally stunning vision for how AI will improve the...
What Forecasters Say About Interest Rates (and Why They Disagree) – The New York Times
How soon is soon? Or exactly how much later is later?As the year started, there was a widespread view among economists and on Wall Street...
OpenAI rolls out AI updates to GPT-4 as it seeks to get ahead of Google – The Financial Times
OpenAI has unveiled advances to its flagship artificial intelligence model, intensifying the competition with Google and other Big Tech groups pushing for breakthroughs in the...
How AI can help procurement better manage supply chain risk – Independent
What role does artificial intelligence (AI) play in the supply chain? According to Deloitte’s 2023 Global Chief Procurement Officer survey, AI-enabled supplier management is the...
Investors Crowd Into Soft-Landing Trade Ahead of Crucial Inflation Data – WSJ
Three straight months of hot inflation data dented Wall Street’s confidence that a series of interest-rate cuts is set to start at any minute. Investors...