Tag: drama

Posts with tag: drama

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Fed Rate Cuts Still on the Table, Says Atlanta Fed President Bostic

Atlanta Fed President Raphael Bostic says interest rate cuts are still possible in 2023 as the Fed assesses the economy and Trump administration policies.

US, Russia Officials Meet in Saudi Arabia Over Ukraine Conflict

Top US and Russian officials meet in Saudi Arabia to discuss ending the war in Ukraine, without Ukrainian participation. The talks follow President Trump's call with Putin, and could lead to a summit between the two leaders.

Boeing Says Final Assembly in India Hinges on More Orders

Boeing signals that establishing a final civil aircraft assembly line in India hinges on increased orders; currently, the market demand is insufficient.

US Stocks Plunge as Trump's Tariffs Spark Market Selloff

US stocks plummeted on Monday due to President Trump's tariffs on China, Mexico, and Canada. The tech-heavy Nasdaq Composite (^IXIC) fell more than 2%, while the S&P 500 (^GSPC) spiraled down 1.6%. The Dow Jones Industrial Average (^DJI) tumbled 1.2%, or over 550 points.

Bill Gates on Acid, AI, and Trump's Healthcare Focus

Microsoft co-founder Bill Gates discusses his life, Microsoft's 50th anniversary, the future of AI, and the Gates Foundation's work in public health.

DeepSeek: Chinese AI Startup with Breakthrough Models at Lower Cost Stirs Debate

DeepSeek, a Chinese AI startup, has developed breakthrough AI models comparable to ChatGPT at a fraction of the cost. Its efficiency challenges the need for massive investments in AI infrastructure, raising concerns among US companies and policymakers about China's AI advancements despite export restrictions. DeepSeek's open-source approach and lower costs could accelerate AI adoption globally, but also raise ethical and regulatory questions.

European, Global Markets Eye China Stimulus, Mixed Outlook

Chinese authorities announce new measures to boost stock market; European shares seen opening negative; Norges Bank rate decision due; Bank of Japan policy meeting begins.