Federal Reserve Chair Jerome Powell said Wednesday he did not believe the massive growth in artificial intelligence (AI) ...
Key Takeaways Despite increasingly stretched artificial intelligence stock valuations, some analysts believe prices could go ...
Some experts believe AI will create enough new roles to offset job losses, but that could depend on how policymakers and ...
Chair Jerome Powell drew a stark picture of a labor market that looks fine on the surface—4.3% unemployment, solid consumer ...
Federal Reserve Chair Jerome Powell recently emphasized that the current surge in artificial intelligence (AI) investments is ...
The effect of this horrible job growth — fueled by the hype of the AI narrative — is an economy where the rich spend like ...
Even with valuations elevated, the old maxim of "don't fight the Fed" may prove to be good advice in the near term.
Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...
Federal Reserve Chairman Jerome Powell acknowledged AI's potential for widespread job losses, noting that companies are ...
The S&P 500 and Nasdaq Composite saw declines amid fears over increased AI spending by Meta and Microsoft, alongside a ...
Wall Street anticipates a higher opening as Nvidia approaches a $5 trillion valuation, driven by significant AI investments.
Ripple’s potential Federal Reserve access may enable faster, low-cost settlements and increase XRP adoption, shaping the ...