Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.
Ford suspends electric F-150 Lightning production for another week following battery fire
Ford is suspending production of its electric F-150 Lightning pickup for another week after a battery issue that resulted in one of the vehicles catching fire.
Apple analyst Kuo says low-end VR headset to launch in 2025
Kuo said in a blog post on Friday that Apple plans to release “low-end” and “high-end” second-generation virtual reality/mixed reality headsets in 2025.
Fed’s Mester says she has hope that inflation can be brought down without a recession
In a CNBC interview, Mester said she sees the central bank’s benchmark interest rate having to rise above 5% and stay there for a while.
Treasury yields rise after Fed’s preferred inflation gauge shows larger-than-expected increase
U.S. Treasury yields rose Friday as investors reacted to the latest inflation data.
SEC rebuffs Elon Musk’s attempt to get out of ‘funding secured’ settlement
The SEC argued that “Musk waived his opportunity to test the Commission’s allegations at trial when he voluntarily agreed (twice) to a consent judgment.”
Adobe slips on report saying DOJ plans suit to block $20 billion Figma deal
Figma represents a growth vector and a way for Adobe to enhance existing assets for handling images and videos. But there are competition questions.
Meet the $10,000 Nvidia chip powering the race for A.I.
The $10,000 Nvidia A100has become one of the most critical tools in the artificial intelligence industry,
Trump, FBI Director Wray can be deposed in lawsuits by ex-officials Strzok and Page, judge rules
Trump and Wray can be deposed on a narrow set of topics as part of the lawsuits by Strzok and Page, but Biden could invoke executive privilege, a judge ruled.
Block misses on earnings but beats on revenue, gross profit
Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street’s expectations.
