US trade gap widens to largest in six months as exports decline

The US trade deficit widened in April to the largest in six months as exports declined by the most since ...

Global economy heading for ‘significant slowdown’ amid rate hikes, World Bank says

The global economy is in a precarious situation and heading for a substantial growth slowdown as sharp interest-rate increases hit ...

Binance, founder Changpeng Zhao sued by SEC over securities law violations

The Securities and Exchange Commission filed a lawsuit on Monday against the world's largest crypto exchange Binance Holdings and its ...

Amazon in talks to offer free mobile service to US Prime subscribers

Amazon.com Inc. has been talking with wireless carriers about offering low-cost or possibly free nationwide mobile phone service to Prime ...

ChatGPT seen fueling $1.3 trillion AI market by 2032

The release of consumer-focused artificial intelligence systems like OpenAI Inc.’s ChatGPT and Google’s Bard will fuel a decade-long boom, with ...

Two Federal Reserve officials hint at rate-hike pause

Federal Reserve Governor Philip Jefferson and Philadelphia Federal Reserve President Patrick Harker suggested Wednesday that the central bank could pause ...

IBM plans to replace up to 8,000 jobs with AI

IBM CEO Arvind Krishna announced a hiring pause earlier this month, but that’s not all. He also stated the company plans ...

AI means anybody can be a programmer, Nvidia’s CEO says

Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the ...

US regulators eye AI to protect consumers, workers

As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies ...

Nvidia nears entry to $1-trillion club amid AI frenzy

Nvidia Corp. is within touching distance of $1 trillion market value — poised to become only the ninth firm ever ...

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