The AI Startup Fueling ChatGPT’s Expertise Is Now Valued at $10 Billion – WSJ
Mercor, a startup that has become a critical component in the ecosystem improving top AI models, finalized a new funding deal that would value the...
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ECB to Keep Interest Rates on Hold Amid Hope for Extended Stay in ‘Good Place’ – WSJ
The European Central Bank is expected to leave its key interest rate unchanged for a third straight meeting later this week, and investors will be...
Europe’s Tech Sector Outperforms as AI Boom Bolsters Demand – Bloomberg
European tech earnings resoundingly beat expectations, as growing investment in artificial intelligence lifts demand and counters trade headwinds. The MSCI Europe Technology index has delivered...
Silicon Valley called — the 1990s are back – The Financial Times
San Francisco has been economically detached from the rest of America since the internet boom of the mid-1990s. As everything from housing rents to per...
The Fed can’t help America’s young tech workers who are struggling to find a job – CNN
Hundreds of thousands of young Americans fresh out of college with a computer science degree have struggled to find a job over the past year....
US Firms Largely Avoid Price Hikes Despite Rising Costs, Survey Shows – Bloomberg
Many US companies plan to resist boosting prices in the coming months, even as their costs mount and profit margins come under pressure, a new...
Developing countries at risk from EU’s simplification drive, UN warns – The Financial Times
The EU’s recent drive to cut red tape could inadvertently scupper efforts in the developing world to improve their environmental standards, UN officials have warned....
Inflation Edges Up, but Less Than Expected, to 3% Rate – WSJ
Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate...
Bank of France Boss Says 2026 Deficit Must Be Within 4.8% of GDP – WSJ
Bank of France Governor Francois Villeroy de Galhau warned lawmakers debating the 2026 budget that the deficit must be no greater than 4.8% of economic...
Inflation Isn’t as Bad as Economists Thought, but Americans Still Hate It – WSJ
Economists and markets breathed a sigh of relief on Friday when inflation numbers finally arrived. Inflation had ticked up, but it wasn’t the disaster many...