The Japanese yen wavered on Wednesday as investors reacted to the ongoing bearish bets on the US dollar, soaring Japanese exports, and wait for the upcoming Japanese consumer inflation report. The USD ...
San Francisco Fed President Mary Daly stressed the need for sustained inflation reduction, noting AI's potential productivity boost but emphasizing cautious policy. She highlighted the lack of current ...
The S&P 500 and the Nasdaq Composite each rose about 0.1%. The 30-stock Dow Jones Industrial Average added roug ...
AI and productivity are likely to take on increasing importance this year in debates over interest rates as President Donald ...
Tech stocks lead ASX up as miners weigh; New Hope rules out Qld coal bid; Treasury Wine suspends dividend; JB Hi-Fi up on sales growth; Austal rebounds; A2 Milk beats forecasts. Follow live.
Asian stocks took some positive cues from Wall Street, which firmed mildly in overnight trade on a mixed recovery in tech.
IT stocks on Wall Street faced pressure in overnight deals as fears of AI disruption grew and expectations of a Fed interest ...
In a speech Tuesday, Federal Reserve Gov. Michael Barr said it was possible that artificial intelligence will boost productivity in an undisruptive way. But he said policymakers should also be wary of ...
As companies race to figure out how generative AI fits into their business, many are holding off on hiring, contributing to what San Francisco Federal Reserve president Mary C. Daly calls a ...
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The major stock indexes shook off early losses to eke out tiny gains on Tuesday at the outset of a holiday-shortened week that will be capped off by inflation and GDP data.
Companies remain in a low hiring, low firing mode while they assess what artificial intelligence will change inside their ...