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The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.Read More...
Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee
In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed's 2% target.Read More...
Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.Read More...
Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock
Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts.Read More...
‘Listing is a must’: Chinese humanoid startups are rushing to launch IPOs
Shenzhen-based LimX Dynamics is the latest humanoid company in China to raise capital in recent weeks as investors eye IPO exits.Read More...
A July rate hike from the Fed? The odds are rising
Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.Read More...
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