Fed Expected to Cut Rates Carefully Amid Inflation Pressures
The Fed’s benchmark interest rate tends to influence borrowing rates across the economy, including for mortgages, auto loans and credit cards. Other factors, though, can also push up longer-term rates ...
Who Trump Wants for Commodity Futures Trading Commission Chair
Officials on President-elect Donald Trump’s transition team are considering current and former Commodity Futures Trading Commission officials for chair of the agency, according to four people with ...
How Musk’s Government Efficiency Panel May Look
President-elect Donald Trump has tasked billionaire Tesla CEO Elon Musk with setting up a panel to streamline the U.S. government. Although Trump has said little about how this group would operate, ...
OpenAI, Competitors Look for Ways to Overcome Current Limitations
Ilya Sutskever, co-founder of AI labs Safe Superintelligence (SSI) and OpenAI, told Reuters recently that results from scaling up pre-training — the phase of training an AI model that uses a vast ...