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Finance
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City, New York, U.S., May 22, 2023. Mike Segar |…
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa Images | Lightrocket | Getty ImagesVirtual reality…
Sen. Cory Booker, dozen other Democratic senators call on Menendez to quit due to bribery indictment
U.S. Senator Robert Menendez (D-NJ) delivers remarks, after he and his wife Nadine Menendez were indicted on bribery offenses in connection with their corrupt relationship with…
JPMorgan Chase to settle Jeffrey Epstein sex trafficking suit by U.S. Virgin Islands for $75 million
JPMorgan Chase said Tuesday it will pay $75 million to settle a lawsuit by the U.S. Virgin Islands alleging that the huge American bank facilitated and benefited from sex…
Dimon warns that the Fed could still raise interest rates sharply from here
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience - Miami hosted by JP Morgan…
Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more
The all-electric 4-door Convertible GT Fisker Ronin is revealed during its inaugural "Product Vision Day" in Huntington Beach, California, on August 3, 2023.Frederic J. Brown | AFP…
Chinese e-commerce giant Alibaba plans to list its logistics unit Cainiao in Hong Kong
An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023.Aly Song | ReutersAlibaba plans to list its logistics unit Cainiao on the…
3 ways to use AI right now to get ahead—if you do, you’re ‘really going to succeed,’ says expert
If you're only using artificial intelligence to edit selfies or find dinner recipes, you aren't getting the most out of it.These tools can help you get ahead in your career,…
‘Dark’ ships are faking their locations to move oil around the world — and it’s likely worth billions of dollars
A Russian-chartered oil tanker in the sea off Morocco. Maritime technology company Windward identified the area as a hub for smuggling oil.Europa Press | Getty ImagesShips are…
EU trade chief says the outcome of China EV probe cannot be prejudged
BEIJING — Europe has launched an investigation into Chinese electric vehicle subsidies, but no assumptions should be made about the probe's outcome, the head of trade for the…