AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
Markets face volatility as Trump 2.0 kicks off with tariff threats, AI investments, and bold policies. Traders brace for abrupt decisions across asset classes.
While the culture wars raged on for the past four years, some real-world questions festered: Is something rotten at Apple? There is little growth. Earnings per share are basically flat since 2021 ...
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
SoundHound AI stock is getting hit hard today following the latest U.S. jobs report. While the report showed that more jobs were added last month than broadly expected, this is actually a bearish development because it makes it less likely that the Federal Reserve will cut interest rates.
According to the Federal Reserve Bank of New York, consumer credit card balances ... which is naturally an interest-rate-sensitive business. While the AI-powered lender has secured funds from numerous lending partners, a pickup in consumer interest in ...
The AI chatbot shared predictions for the S&P ... Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting.
The S&P 500 reached an all-time high as investors navigated through corporate earnings and President Trump's comments on interest rates and oil prices. Tariff uncertainties have increased market apprehension,
Global stocks steadied on Thursday, as a rally fueled by President Donald Trump's spending plans for artificial intelligence infrastructure fizzled and caution set in over what the new U.S. president's next moves on trade might be.
President Trump’s inauguration on January 20, 2025, has already resulted in significant changes to federal artificial intelligence (AI) policy, marking a departure from the regulatory frameworks established during the Biden administration.
The S&P 500 ( ^GSPC) was little changed, coming off a three-day win streak that saw the benchmark index close Wednesday on the cusp of setting a new all-time high. The Dow Jones Industrial Average ( ^DJI) traded 0.2% higher, with a record not far off.
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.