China’s reports third-quarter GDP growth of 4.6%, slightly beating expectations
China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later
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Breaking news
Inflation rate at 2.4%, topping expectations; jobless claims jump
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following
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Fed officials were divided on whether to cut rates by half a point in September, minutes show
WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding
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Starboard Value has $1 billion Pfizer stake, taps former exec for help
People pass by the Pfizer headquarters building in New York City, Jan. 29, 2023. Kena Betancur | View Press | Corbis News |
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OpenAI’s CFO says funding round should close by next week in letter
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI CFO Sarah Friar
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Prices rise 2.2%, less than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday.
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Middle Eastern funds plowing billions into the hottest AI start-ups
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings. Oil-rich nations like Saudi
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Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because inflation is falling
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Fed cuts interest rates by a half point
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half
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DirecTV, Disney reach deal to end blackout in time for college football
DirecTV and Disney have reached a deal that brings Disney’s ESPN and other channels back to the pay-tv provider’s customers after a roughly
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