Fed policymakers voted to hold rates at a 23-year high after the rate-setting meeting concluded on May 1, as they sought to tackle inflation still stuck firmly above the bank's long-term target of two percent.
The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.
The Republican-backed Financial Innovation and Technology for the 21st Century Act -- known as FIT21 -- would split responsibility for cryptocurrency regulation between the Securities and Exchange Commission and the Commodities Futures Trading Commission.
OpenAI will get access to current and archived content from News Corp properties including The Wall Street Journal, Barron's, MarketWatch, and The New York Post, according to a joint release.
South Korean President Yoon Suk Yeol on Thursday announced a record $19-billion-dollar support plan for the country's crucial semiconductor industry.
The administration of President Joe Biden painted the move as one that would lower gas prices ahead of the summer season, when millions of Americans travel the country by car.
Britain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost-of-living crunch before this year's general election.
French pharmaceutical company Sanofi announced Tuesday a partnership with ChatGPT-founder OpenAI and US biotech firm Formation Bio to accelerate the use of artificial intelligence in developing drugs.
The Fed has raised interest rates to a 23-year high and held them there as it looks to bring inflation down to its long-term target of two percent.
A top US banking regulator offered his resignation Monday after an independent report found evidence of widespread sexual misconduct and a "patriarchal" culture at the agency he leads.
Over the quarter, TMTG -- whose primary asset is the Truth Social network founded by Trump after he was kicked off Twitter and Facebook in 2021 -- generated just $770,500 in sales.
Any deal between two of the world's largest resources companies would fundamentally reshape the sector, with far-reaching consequences for commodities markets and the global energy transition.
The Dublin-based carrier added that demand rose nine percent to almost 184 million passengers. Revenue jumped a quarter to 13.4 billion euros.
The EU has identified generative artificial intelligence as one of the main threats to elections being held across the 27-country bloc June 6-9.
Reddit, which debuted on the New York Stock Exchange earlier this year, has been seeking to capitalize on the value of exchanges in its varied discussion groups as it seeks to improve revenues.
Property and construction accounts for more than a quarter of gross domestic product, but the sector has been under unprecedented strain since 2020, when authorities tightened developers' access to credit in a bid to reduce mounting debt.
The company, under heavy regulatory scrutiny following recent safety and quality control problems, has defeated shareholder proposals at past annual meetings that usually have lasted an hour or less.
The billionaire head of Tesla, SpaceX and other companies bought Twitter for $44 billion in late 2022 and announced the rebrand to X last July.
Tokyo has promised up to four trillion yen ($25.7 billion) in subsidies to help triple sales of domestically produced chips to more than 15 trillion yen by 2030.
Baidu is a key player in China's tech industry, which once charted years of ballooning growth until Beijing imposed a regulatory crackdown on the sector starting in 2020.
The probe is under a mammoth law known as the Digital Services Act (DSA) that forces the world's largest tech firms to do more to protect European users online and clamp down on illegal content.
Innomotics, a subsidiary whose motors and other systems are used in a variety of industries including chemicals, oil, utilities and automotive, employs around 15,000 people.
The IMF said Wednesday that its board had voted to allow member states' IMF-issued international reserve assets to be used by multilateral development banks (MDBs) to acquire financial instruments that would stretch their balance sheets further.
Gross domestic product in the world's number four economy shrank by 0.5 percent against market expectations of a drop of only 0.3 percent.
In the ensuing weeks, Boeing has endured troubling congressional hearings with whistleblowers and safety experts, repeat delays to a space launch, and a steep decline in commercial plane deliveries that has deepened financial losses.
US President Joe Biden unveiled steep tariff hikes on Chinese green tech this week, hitting imports like electric vehicles, chips and solar cells -- and adding stress to US-China ties.
One of the fastest-growing apps, Temu only entered the EU market in April 2023 and says it has on average around 75 million monthly active users in the 27-country bloc.
The European Commission expects inflation to fall to 2.5 percent in 2024, down from a previous forecast of 2.7 percent -- news that will be welcomed by the European Central Bank (ECB).
The simultaneous searches began in the morning at Goodyear in France, Luxembourg and the company's European headquarters in Brussels, said Etienne Manteaux, prosecutor in Besancon, eastern France.
The measures, which drew strong opposition from Beijing, come as Biden seeks to look tough on trade ahead of a rematch with Republican Donald Trump in November's US presidential election.
