JPMorgan’s Kelly Warns Fed Cuts Risk Hurting Stocks and Bonds

The Federal Reserve’s widely expected interest rate cut this week will increase risks for stocks, bonds and the dollar if it’s perceived to be driven by political pressure and doesn’t align with the central bank’s forecasts for the economy, according to David Kelly,...

North Korean Hackers Used ChatGPT to Help Forge Deepfake ID

A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft of a...

China Starts Probes Targeting US Semiconductor Sector

China launched two investigations targeting the US semiconductor sector ahead of planned talks between the two nations on trade and other issues. The Ministry of Commerce said in a statement on Saturday that it’s opened an anti-dumping probe relating to certain...

France’s Debt Woes Mount as Fitch Downgrades Credit Rating

Fitch Ratings downgraded France, indicating the upheaval of repeated government collapse has locked the country into an enduring battle to contain a swelling debt burden. The rating company cut its credit assessment to A+ from AA-, taking it a notch lower than...

US Consumer Sentiment Falls to Lowest Since May on Job Worries

US consumer sentiment fell in September to the lowest since May and long-term inflation expectations rose for the second straight month, as concerns about the labor market and prices weighed on the economic outlook. The preliminary September sentiment index declined...