Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that…
Category: Economy
These economists say artificial intelligence can narrow U.S. deficits by improving health care
Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044. ...
China’s industrial profits fall by 10% in October as deflation worries linger
Industrial profits are a key gauge of the financial health of factories, mines and utilities in China. ...
‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success
A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First"…
OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led…
Israel-Hezbollah permanent ceasefire has been accepted, Biden says
Israel and Lebanon have agreed to a permanent ceasefire in cross-border hostilities between the Jewish state and Hezbollah militants. ...
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…
Starbucks baristas can’t view their schedules after ransomware attack on vendor
Starbucks baristas are not able to view and manage their schedules because of a ransomware attack on one of the…
Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan. ...