Category: Business

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I.M.F. Sees World Economy Rebounding, Yet Still Fragile, in 2023

Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.  » mehr lesen

U.S. Deficit Fell to $1.4 Trillion in 2022

The deficit was down from $2.6 trillion a year earlier, as pandemic emergency spending slowed, the economy reopened and tax revenue rose. The new figures come as spending fights loom in a...

Inflation Is Slowing, Good News for American Consumers and the Fed

Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.  » mehr lesen

Don’t Ban ChatGPT in Schools. Teach With It.

OpenAI’s new chat bot is raising fears of cheating on homework, but its potential as an educational tool outweighs its risks.  » mehr lesen

Sam Bankman-Fried Responds to Fraud Charges: ‘I Didn’t Steal Funds’

The disgraced founder of the crypto exchange FTX denied that he stole anyone’s money and said customers could still get their deposits back.  » mehr lesen

Nurses’ Strike Ends at Two New York City Hospitals

Nurses at Montefiore Medical Center in the Bronx and Mount Sinai in Manhattan will return to work after reaching tentative deals, union leaders said.  » mehr lesen

Virgin Orbit Offers More Details on Rocket Failure

More than 110 miles above earth, the rocket’s second-stage engine prematurely shut down before entering orbit, causing the loss of nine satellites.  » mehr lesen

Inflation slowed last month thanks to cheaper fuel and airfares.

The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.  » mehr lesen

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