News
S&P 500 and Nasdaq Climbs on Tech Momentum, AI Optimism
1+ hour, 4+ min ago (146+ words) U.S. equities opened higher on Wednesday as Meta (NASDAQ:META) expanded its collaboration with Nvidia (NASDAQ:NVDA), planning to deploy additional AI chips across its data center operations. The announcement lifted tech sentiment early in the session, with the Nasdaq climbing…...
Sector Update: Financial Stocks Advance Late Afternoon
2+ hour, 28+ min ago (39+ words) Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index increasing Oops, something went wrong Sector Update: Financial Stocks Advance Late Afternoon Financial stocks rose in late Wednesday afternoon trading, with the NYSE Financial Index increasing...
Deutsche Bank asked AI how it was planning to destroy jobs. And the robot answered
2+ hour, 35+ min ago (360+ words) The experiment, detailed in a report titled "What AI Says About AI Eating Itself and the World," utilized Google's Gemini 2.5 Pro model to generate a deep analysis of global sectors. The findings suggest that data-rich industries with repetitive tasks are…...
Fed meeting minutes: Rates could come down further if inflation drops
3+ hour, 34+ min ago (415+ words) Several Federal Reserve officials anticipate further interest rate cuts if inflation were to drop, while others see holding rates for "some time," according to minutes of the central bank's January policy meeting released Wednesday. "Several commented that further downward adjustments…...
Dow Rises as Tech Stocks Gain
3+ hour, 44+ min ago (58+ words) Stock indexes rose , led by the Nasdaq composite, while global benchmarks also gained. Several major Asian markets were closed for Lunar New Year holidays. Oops, something went wrong Dow Rises as Tech Stocks Gain Stock indexes rose , led by the…...
Sector Update: Financial Stocks Rise in Afternoon Trading
4+ hour, 29+ min ago (40+ words) Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising Oops, something went wrong Sector Update: Financial Stocks Rise in Afternoon Trading Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising...
Trump administration slams New York Fed study that says US consumers bear the cost of tariffs
5+ hour, 10+ min ago (305+ words) The Trump administration is disputing a new paper from the New York Federal Reserve asserting that US consumers and businesses are bearing the bulk of the higher costs from tariffs imposed last year. Authors Mary Amiti, head of labor and…...
How to avoid taxes on CD interest
6+ hour, 58+ min ago (1020+ words) A certificate of deposit (CD) can be a valuable tool for diligent savers. CDs allow you to earn higher interest rates than you would with a traditional savings account, and your returns are guaranteed with a fixed rate throughout your CD's…...
AI adoption already hitting Irish graduate jobs, finance department says
7+ hour, 15+ min ago (214+ words) Ireland's strong labour market is relatively more exposed "to AI than the average advanced economy given a high concentration of jobs in so-called knowledge-intensive sectors such as tech, science and financial services, the finance department said. Employment in categories "at…...
XME Rode Gold to a Near Double, Now Freeport’s Q2 Restart Will Test the Rally
8+ hour, 44+ min ago (189+ words) SPDR S&P Metals and Mining ETF (XME) nearly doubled to $118 from $62 over the past year. Newmont generated $1.6B in free cash flow as gold prices surged to $4,900-$5,000 per ounce. Freeport-McMoRan plans to restart Grasberg mine in Q2 2026 for 300 million pounds of…...