Tag: AI

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US-Ukraine Economic Partnership Would Benefit Both Countries, Says Treasury Secretary

U.S. Treasury Secretary offers plan for economic partnership with Ukraine, proposing a fund for long-term reconstruction and development.

SEC Crypto Task Force Head Hester Peirce Seeks Clarity for Industry

SEC Commissioner Hester Peirce seeks to provide clarity for crypto industry, aiming for workable legal framework and reducing litigation fears.

Managing Student Loans and Retirement Savings for Young Adults

Learn how young adults in their 20s and 30s can manage student loan repayment while saving for retirement, including investment approaches, savings goals, and more.

U.S. consumer sentiment plunges to 15-month low on trade war fears

U.S. consumer sentiment unexpectedly plunged to a 15-month low in February, while inflation expectations soared to a peak not seen since November 2023 on fears that tariffs will lower buying power.

Gold Prices Hit All-Time High Amid Geopolitical Uncertainty and US Gold Verification Announcement

Gold hits record high as trade war fears, geopolitical risks fuel safe-haven demand. Trump's comments on verifying US gold reserves add to speculation of higher prices.

China's Liquidity Surge Fails to Ease Money Market Squeeze

China's liquidity injections have failed to alleviate the money market squeeze, keeping borrowing costs elevated. Despite the infusion of funds, money market rates barely budged, underscoring the intensity of liquidity tightness. The debt market has also been pressured, with the 10-year benchmark yield reaching its highest since December.

Fed Official Warns of Inflation Risk, Markets Adjust Rate Expectations

St. Louis Fed President Musalem expresses caution on inflation, hinting at a possible shift in monetary policy stance amidst concerns over tariffs and immigration policies.

Japan Factory Activity Slows for Eighth Month But Pace Eases

Japan's factory activity declined for the eighth month in February, but at a slower pace, signaling potential recovery in the struggling sector.

Companies Requiring Employees to Return to the Office

TikTok is tracking the time and attendance of its U.S. e-commerce employees, requiring them to work in-office for five days a week and eight hours a day.

Forum Energy Technologies Reports Q4 Loss of $103.5 Million

Forum Energy Technologies Inc. reports a Q4 loss of $103.5 million. The Houston-based company had a loss of $8.39 per share, or 48 cents per share after adjusting for one-time gains and costs. Revenue was $201 million for the quarter. For the year, the company reported a loss of $135.3 million, or $11 per share, on revenue of $816.4 million.