admin
President Joe Biden huddled in the Oval Office with several of his top advisers in early April as an aide typed prompts into ChatGPT: Summarize the Supreme Court’s New Jersey v. Delaware ruling and turn it into a Bruce Springsteen song. Weeks earlier, Biden had joked with Springsteen at the…
A new crypto exchange backed by several Wall Street heavyweights such as Charles Schwab SCHW, -1.39%, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial, has started operation. The exchange, called EDX Markets, was launched in September. It currently allows trading of bitcoin BTCUSD, +0.22%, ether ETHUSD, -0.58%,…
The strike by film and television writers that began on May 2 is relevant to our lives for far more than just the fate of our favorite shows. It is an important test of whether — and how — workers can get fairly paid as artificial intelligence and other technology…
The U.S. Department of Agriculture is cracking down on misleading meat labels. The USDA says it will collect samples from animals that will be marketed to consumers as “raised without antibiotics” or meat labeled “no antibiotics ever” to make sure the marketing claims and labels are accurate. The outcome of…
© Reuters. FILE PHOTO: A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/File Photo By Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase (NYSE:) urged a federal judge to reject the U.S. Virgin Islands’ demand that Chief Executive Jamie Dimon…
Investing.com — If the economy doesn’t spoil the party for oil bulls, then it looks like inventories will. Crude prices fell almost 2% Wednesday, clawing back most of their gains from the previous session, after data showed crude stockpiles grew seven times more than expected last week. The Federal Reserve’s…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar inched higher on Monday, trading in a narrow range as investors remained cautious ahead of several key policy decisions due this week, with the Federal Reserve expected to keep rates on hold for the first time since January 2022. Monetary policy…
By Emilio Parodi MILAN (Reuters) – Italy’s cabinet on Thursday approved a justice reform aimed at strengthening the rights of defendants, measures long advocated by former Prime Minister Silvio Berlusconi who died this week after years of legal battles with prosecutors. The bill, which Giorgia Meloni’s rightist government dedicated to…
When Stacey Marmolejo was looking to expand her music school franchise several years ago, she went to the national bank where she had an account and asked to secure an expansion loan. “I thought my financials and my experience with the bank would be enough,” she says. “But the banker…
Key takeaways Legendary investor Warren Buffett’s company Berkshire Hathaway has increased its stake in five Japanese trading firms to 8.5%, with more increases possible The five companies saw gains on the Nikkei between 3.5% and 1% The Japanese economy has seen a reversal of fortunes in 2023 after decades of…