Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy
HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of…
IMF says Fed should hold interest rates where they are until ‘at least’ end of year
The Federal Reserve should wait to cut interest rates until “at least” the end of the year, according to the…
Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back
Chewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X…
Supreme Court curbs SEC powers to enforce securities laws
WASHINGTON — Liberal Justice Sonia Sotomayor accused the Supreme Court’s conservative majority of seizing power for itself as it curbs…
JPMorgan Chase says its stress test losses should be higher than what the Fed disclosed
JPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant bank’s recent…
Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn
The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe…
