The Fed Is Playing a Waiting Game to Try to Avoid a Recession
An increasing number of economists — including the Federal Reserve’s own staff — are predicting the US will
2023-08-14 04:25
US Steel receiving acquisition offers as company promises to maximize stockholder value
United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a Sunday press release from the company.
2023-08-14 01:28
Exclusive-SoftBank in talks to buy Vision Fund's 25% stake in Arm -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) -SoftBank Group Corp is in talks to acquire the 25% stake
2023-08-14 01:18
U.S. Steel to explore strategic alternatives for the company
Steel producer United States Steel Corporation said on Sunday it is initiating a formal review to evaluate strategic
2023-08-14 00:49
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Illinois Gov. J.B. Pritzker has signed a law banning firearms advertising that officials determine produces a public safety threat or appeals to children, militants or others who might later use the weapons illegally
2023-08-13 23:53
Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt
2023-08-13 23:20
AI fears overblown? Theoretical physicist calls chatbots 'glorified tape recorders'
The public's anxiety over new AI technology is misguided, according to theoretical physicist Michio Kaku.
2023-08-13 22:59
More Bitcoin ETF Decisions Are Already Looming After SEC Declines to Rule
Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision
2023-08-13 22:25
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
White House officials concerned about AI chatbots' potential for societal harm and the Silicon Valley powerhouses rushing them to market are heavily invested in a three-day competition ending Sunday at the DefCon hacker convention in Las Vegas
2023-08-13 22:19
Three ways Covid changed the restaurant industry
In March 2020, many US restaurants had to shut their doors during the early days of the Covid pandemic in accordance with local restrictions. Now, over three years later, the restaurant industry is back. But the pandemic ushered in some changes that are here to stay.
2023-08-13 21:52
Sluggish US earnings may need pick-me-up to support 2023 stock rally
By Lewis Krauskopf NEW YORK (Reuters) -Stock investors have been satisfied by middling U.S. corporate results so far this year
2023-08-13 21:16
Emerging Bonds Disrupt Playbook by Rallying as Treasuries Swoon
The old playbook of selling emerging-market bonds when Treasury yields spike is being upended by the positive dynamics
2023-08-13 20:21