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Thus, today's inflation report seems to have reassured investors that inflation is heading back to 2%. Meanwhile, job growth has remained solid, with 206,000 jobs added in June.
Chipmaker Nvidia lost 3.1% after China's market regulator said it had opened an investigation into the company over suspected violation of the country's antimonopoly law, sending the information ...
The latest Consumer Price Index report wasn’t flashy by any means: The inflation gauge that measures price changes for a basket of goods and services ticked down slightly to 3.1% for the 12 ...
The Labor Department’s latest report indicates inflation was slightly hotter than expected in January. Inflation is no match for AI, top analyst says: ‘We’re at the start of a 3- to 5-year ...
This thesis prompted AI firms to bet hundreds of millions on ever-larger computing clusters and datasets. The gamble paid off handsomely, transforming crude text machines into today's articulate ...
Just as inflation is coming down, Yardeni notes, technological innovations like AI are set to create a productivity boom in the coming years, which could lead to a decade of growth and outsize ...
Optimism grew about a “soft landing” — a scenario in which high rates tame inflation without causing a recession. The head of the International Monetary Fund praised the global economy for ...
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