Fed’s Kugler: Economic Data Will Guide Policy Amid Uncertainty Federal Reserve Governor Adriana Kugler emphasizes that upcoming economic data will shape the Fed’s monetary policy decisions in 2025 Business Adriana Kugler, Federal Reserve, Monetary Policy, Inflation, Donald Trump, Economy, 2025 Washington: So, Federal Reserve Governor Adriana Kugler recently shared her thoughts on the economy and … Read more
Risk Appetites Wane Amid New Year’s Uncertainty on Wall Street As the New Year begins, Wall Street shows signs of caution, with traders pulling back on risk amid economic concerns and policy uncertainty. Business Wall Street, New Year, Donald Trump, S&P 500, Bitcoin, Treasury Yields New York: The start of the year usually brings fresh … Read more
Microsoft Plans $80 Billion Investment in AI Data Centers for FY’25 Microsoft is set to invest $80 billion in AI data centers to enhance cloud capabilities and support global AI applications in fiscal 2025 Technology Microsoft, AI, Data Centers, United States, Cloud Computing Redmond: Microsoft is making a big move by setting aside $80 billion … Read more
Muni Buyers Hope for January Effect as Bond Payments Approach Investors are optimistic about municipal bonds as January brings a surge in bond payments, potentially boosting the market. Business Municipal Bonds, Investors, January Effect, Barclays, Bloomberg, Debt, Federal Reserve Bloomberg: The bond market wrapped up 2024 on a low note. But for state and local … Read more
Cboe Global Markets, Inc. Stock Price and News Overview Cboe Global Markets, Inc. offers diverse trading services across options, equities, futures, and digital assets, headquartered in Chicago. Business Cboe Global Markets, Chicago, Illinois, Options Exchange, Digital Assets Chicago: So, Cboe Global Markets is this big player in the trading world. They’ve got options, equities, futures, … Read more
Fannie Mae and Freddie Mac Shares Soar on Privatization News Fannie Mae and Freddie Mac shares jumped after federal agencies outlined a plan for their privatization, signaling a major shift in the housing market. Business Fannie Mae, Freddie Mac, Privatization, U.S., Housing Market, Trump Bengaluru: So, Fannie Mae and Freddie Mac are making headlines! Their … Read more
UK and Germany Achieve Cleanest Electricity Records in 2024 In 2024, the UK and Germany reached record levels of clean electricity generation, driven by renewable energy sources. Science UK, Germany, Renewable Energy, Electricity, Wind Power, Coal London: Last year, Britain and Germany hit new highs for clean electricity. In Germany, renewables made up 59% of … Read more
Argentina Launches $1 Billion Repo Agreement with Top Banks Argentina’s central bank has announced a $1 billion repo deal with five major banks to boost its foreign reserves and support the economy Business Argentina, Buenos Aires, Repo, Central Bank, Javier Milei, Sovereign Bonds Buenos Aires: So, Argentina’s central bank just dropped some big news. They’ve … Read more
The Godfather of AI Reveals a Surprising Blindspot in Intelligence Geoffrey Hinton, a leading figure in AI, admits to a puzzling oversight about intelligence dynamics Technology Geoffrey Hinton, Artificial Intelligence, London, Climate Crisis, Coronaviruses London: Geoffrey Hinton, often called the “godfather of AI,” recently shared a surprising view. He mentioned he struggles to find examples … Read more
PayPal Faces Allegations of Racial Bias Against Asian Americans An Asian American businesswoman claims PayPal’s funding program discriminates against her and others based on race, seeking justice in court Business PayPal, Asian American, Nisha Desai, New York, Racial Bias, Investment Program New York: So, there’s this big story about PayPal. An Asian American entrepreneur named … Read more