business news

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…

China is testing the limits of a critical U.S.-Philippines defense pact — will Washington respond?

China has stepped up its aggression against the Philippines in the contested waters of the South China Sea, calling into…

Recap of the first 2024 presidential debate between Biden and Trump

The first 2024 presidential debate between President Joe Biden and former President Donald Trump exposed vulnerabilities in both candidates. President…

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…

There’s a big Fed inflation reading coming Friday. Here’s what to expect

There could be some pretty good inflation news on the way from the Commerce Department when it releases a key…

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…

Trump will debate Biden while still bound by gag orders. Here’s what he can’t say

When he faces President Joe Biden in Thursday’s debate, former President Donald Trump will have to watch his tongue. Trump…

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…