Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs
Federal Reserve Chair Jerome Powell said in August that the U.S. economy might be ready for an interest rate cut.
Former President George W. Bush has no plans to endorse in the election
“President Bush retired from presidential politics years ago,” his office said in a statement to NBC News.
The latest jobs report leaves stocks in a tough spot heading into the new week
Investors are bracing for further volatility ahead.
Roblox will let developers sell games for real dollars as it expands beyond virtual currency
Roblox is attempting to court more developers with real-world dollars in the company’s latest effort to expand its audience.
Boeing Starliner returns to Earth empty, months later than planned
After undocking, Starliner is expected to take about six hours to return to Earth in a landing zone at White Sands Space Harbor in New Mexico.
Fed Governor Waller backs interest rate cut at September meeting, open to larger move
Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.
OpenAI gives artists access to unreleased tools like Sora for New York gallery exhibit
OpenAI on Friday announced an art gallery collaboration, allowing artists access to its unreleased artificial intelligence tools for a New York showcase.
U.S. financial markets, public companies are a growing target for Russian hackers
Financial markets are a growing target for Russian hackers, as highlighted in the latest episode of CNBC’s “The Crimes of Putin’s Trader” podcast.
Why it’s so difficult to build nuclear power plants in the U.S.
The U.S. generates about 60% of its electricity from fossil fuels, roughly 21% from renewable energy sources and about 19% from nuclear energy.
Salesforce to acquire startup Own for $1.9 billion in cash
Salesforce’s deal machine is clearly working again, following announcements about small acquisitions such as PredictSpring and Tenyx.
