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Investors Expect a Fed Pause, Not an End to Rate Increases

A breather in the central bank’s anti-inflation policy is expected, but still-rising inflation has investors bracing for another raise later this year.  » mehr lesen

E.U. Takes Major Step Toward Regulating A.I.

A draft law in the European Parliament has become the world’s most far-reaching attempt to address the potentially harmful effects of artificial intelligence.  » mehr lesen

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

The report from McKinsey comes as a debate rages over the potential economic effects of A.I.-powered chatbots on labor and the economy.  » mehr lesen

Binance Spars With U.S. Regulators Over Asset Freeze

A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.  » mehr lesen

Yellen Says Bid to Decouple From China Would Be ‘Disastrous’

The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.  » mehr lesen

U.S. Inflation Cools as Fed Plots Next Interest Rate Move

Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.  » mehr lesen

Inflation Continues to Cool, Offering Relief to Consumers

Consumer prices rose 4 percent in the year through May, the slowest pace in more than two years and an encouraging sign as the Fed plots its next interest rate move.  » mehr...

Stocks Climb as Inflation Continues to Cool

The S&P 500 has climbed more than 20 percent from a 2022 low, a marker of a new phase of exuberance in the markets.  » mehr lesen

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