Jan 28, 2025 | Markets
Conference Board index decreased to 104.1 in January Share saying jobs are plentiful also lowest since September US consumer confidence unexpectedly fell in January to a four-month low on less optimism about the labor market and the outlook for the broader economy....
Jan 28, 2025 | Markets
DeepSeek, a Chinese artificial-intelligence startup that’s just over a year old, has stirred awe and consternation in Silicon Valley after demonstrating AI models that offer comparable performance to the world’s best chatbots at seemingly a fraction of their...
Jan 27, 2025 | Markets
President Donald Trump is preparing an executive order for a “next-generation” defense shield to protect the US against ballistic missiles and other long-range attacks, taking on a goal that past administrations — including his own — struggled to reach. “The threat of...
Jan 27, 2025 | Markets
DeepSeek’s AI chatbot fueled a selloff in Nvidia, tech stocks Nvidia is responsible for 8 of 10 largest market value drops Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market...
Jan 27, 2025 | Markets
Nasdaq 100 drops 3% for worst day in six weeks; Dow climbs ‘AI dominance cannot be taken for granted,’ Saxo’s Chanana For the better part of two years, artificial intelligence technologies have been a nonstop gift for US equities investors. The Nasdaq 100 Index rose...
Jan 27, 2025 | Markets
Stocks sink as Chinese AI startup threatens US tech dominance Yen, swiss franc advance as part of demand for havens Treasuries rallied as investors flocked to the safety of US government bonds after equities slumped in a selloff driven by technology shares. The...
