Markets have convinced themselves theyll get a September interest rate cut Now theyre eyeing a…
Markets have convinced themselves they’ll get a September interest rate cut. Now they’re eyeing a double reduction - Fortune
Category: Business
Asian Stocks to Gain as US CPI Fuels Fed Cut Bets Markets Wrap Bloombergcom
Stocks rose to a record after an in-line US inflation reading bolstered speculation the Federal Reserve will have room to cut interest rates in September.
AI Startup Perplexity Makes 345 Billion Bid for Googles Chrome Browser Bloombergcom
AI startup Perplexity said it made a formal offer to acquire Google’s Chrome browser for $34.5 billion, in anticipation of requirements that may be imposed on the search giant in…
AI Startup Perplexity Makes 345 Billion Bid for Googles Chrome Browser Bloombergcom
AI startup Perplexity said it made a formal offer to acquire Google’s Chrome browser for $34.5 billion, in anticipation of requirements that may be imposed on the search giant in…
Bessent on Tariffs Deficits and Embracing Trumps Economic Plan Bloombergcom
The US Treasury secretary has the ear of an impulsive president—and nervous investors worldwide hope it stays that way. An exclusive interview.
Exclusive Former Intel CEO Craig Barrett outlines plan to save Intel and Americas advanced chip…
Intel needs a cash infusion of roughly $40 billion to remain at the leading edge of chip manufacturing, according to former CEO Craig Barrett. The U.S. government is unlikely to…
This unprecedented shift in unemployment suggests AI could strand whitecollar knowledge workers in a jobless…
"A much larger unemployment risk and anemic recovery prospects for these workers might cause the next labor market downturn to look pretty dismal."
More than half of industries are already shedding workers a telling sign thats accompanied past…
"Things could still turn around if the economic policies weighing on the economy soon lift. But that looks increasingly unlikely."
ComputerDriven Traders Are Bullish on Stocks Humans Are Bears Bloombergcom
The thing about trading stocks is everyone has an opinion. And right now there’s an unusual divergence in the market that’s as stark as man versus machine.