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US stocks climb after inflation data shows prices cooled more than expected in March

US stocks jumps on Wednesday after a key inflation reading for March.  The Fed’s interest rate hikes are showing results…

U.S. imposes fresh sanctions on financial network linked to Russian oligarch Alisher Usmanov

WASHINGTON — The Biden administration imposed fresh sanctions on Wednesday aimed at the financial network linked to Russian billionaire and business…

ChatGPT is worth at least $20 per share to Microsoft as it ramps up its monetization efforts of the AI chatbot, Wedbush says

Microsoft is poised to benefit from the growing adoption of OpenAI’s ChatGPT, according to Wedbush. Wedbush analyst Dan Ives said…

Mortgage rates drop to a 2-month low as the US job market shows signs of slowing

The 30-year fixed-rate mortgage fell to a two-month low, the Mortgage Bankers Association said.  The fifth straight weekly decline took…

Warren Buffett says he doesn’t understand A.I. but he asked ChatGPT to write a song in Spanish

Legendary value investor Warren Buffett said he has no expertise in artificial intelligence whatsoever, but thanks to Bill Gates, he…

El Salvador Issues Historic First Digital Asset License to Bitfinex Crypto Exchange – Here’s What You Need to Know

El Salvador Issues Historic First Digital Asset License to Bitfinex Crypto Exchange – Here’s What You Need to Know Source:…

Bank of America Sees Support for Bitcoin Rally as Personal Wallet Hoarding Increases

Bank of America Sees Support for Bitcoin Rally as Personal Wallet Hoarding Increases Source: iStock/E_Y_E According to a recently drafted…

Abortion pill ruling puts ‘judge shopping’ concerns back in spotlight

A pivotal fight over the Food and Drug Administration’s approval of the abortion pill mifepristone has spurred new accusations of…

Bank of America clients have yanked $451 million from real-estate stocks as commercial property becomes investors’ newest worry

Bank of America saw its clients pull $451 million from real-estate stocks last week.  It’s the largest outflow since July…

Elon Musk only sold Tesla stock because it was ‘desperately needed’ for the Twitter deal – and says he doesn’t know his net worth

Elon Musk said he only sold Tesla stock because it was “desperately needed” for the Twitter deal.  The billionaire owner…