Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms The description of the dilemma the Fed faced in balancing its twin mandate of maintaining a healthy labor market and economy while also keeping prices stable came in the minutes o ... 12/4/2024 - 7:44 am | View Link
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates. 12/4/2024 - 6:55 am | View Link
Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts The economy is strong, and it’s stronger than we thought it was going to be in September,’ said the Fed chief. 12/4/2024 - 5:13 am | View Link
Inflation threatens Fed rate-cut expectations once again. Here’s why. With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ... 12/4/2024 - 4:12 am | View Link
Powell Remarks Watched for Sign of Pushback or Support of Fed Rate Cut The Fed chair in fact has pressed on the need for the central bank to keep its options open at a time of increased uncertainty about the shape of broader economic policy in the coming year, some ... 12/4/2024 - 3:00 am | View Link
The path to superintelligence involves diverse systems of models working together.
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The FDA discovered the issues at the California lab back in 2023 but determined that regulatory action wasn’t needed.
An animal testing laboratory at Elon Musk’s Neuralink brain technology company was found to have “objectionable conditions or practices” by the Food and Drug Administration, which cited the company and urged it to address the problems.
At The DealBook Summit, Bezos expressed a willingness to help Trump cut back regulations.
Amazon founder Jeff Bezos said Wednesday he is “optimistic” about President-elect Donald Trump’s second term and expressed some excitement about potential regulatory cutbacks in the coming years.“I’m actually very optimistic this time around,” Bezos said on stage during a wide-ranging interview at The New York Times‘s DealBook Summit in New York.
The Cincinnati-based company now primarily obtains the steel for Gillette from New Delhi-based Jindal Stainless.
Procter & Gamble has overhauled its supply chain for the tiny, extra-thin strips of stainless steel in its Gillette razors to source from India, a move expected to help protect its margins from any tariffs U.
The artificial eclipses, which should last 6 hours, are scheduled to begin in 2025.
A pair of European satellites rocketed into orbit Thursday on the first mission to create artificial solar eclipses through fancy formation flying in space. Each fake eclipse should last six hours once operations begin next year. That’s considerably longer than the few minutes of totality offered by a natural eclipse here on Earth, allowing for prolonged study of the sun’s corona, or outer atmosphere.
The Louisiana facility is expected to be completed in 2030.
The largest artificial intelligence data center ever built by Facebook’s parent company Meta is coming to northeast Louisiana, the company said Wednesday, bringing hopes that the $10 billion facility will transform an economically neglected corner of the state. Republican Gov. Jeff Landry called it “game-changing” for his state’s expanding tech sector, yet some environmental groups have raised concerns over the center’s reliance on fossil fuels—and whether the plans for new natural gas power to support it could lead to higher energy bills in the future for Louisiana residents.