Goldman Sachs Asset Managers Expects Slowdown in US Economy Growth
Goldman Sachs Asset Management (GSAM) executives expect the United States economic system to show slower growth rates in the second half of the current year.
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Jerome Powell Says About Threat of Long Period of High Interest Rates for Economic Growth
The Chairman of the Federal Reserve System, Jerome Powell, on Tuesday, July 9, expressed concern that keeping interest rates at a high level for too long could pose a threat to the growth of the United States economy.
US Economy Faces Threat of Unemployment
Over the past few years, the main danger to the condition of the United States economic system has been inflation, but over time the list of unfavorable facts of reality has expanded, adding a new threat.
Amazon Announces New Echo Spot Alarm Clock
Amazon on Monday, July 8, announced a new alarm clock, the Echo Spot.
US Job Growth Demonsrates Slowdown
In June, a slowdown in the dynamic of job growth was recorded in the United States, which was a completely expected result.
Apple Reportedly Gets Observer Seat on OpenAI Board
The media reported that Apple will take an observer position on the board of directors of OpenAI.
Jerome Powell Says About Bit of Progress on Inflation
On Tuesday, July 2, Federal Reserve Chairman Jerome Powell expressed his satisfaction with Washington’s progress to date in implementing efforts to counter inflation over the past year.
IMF Says About US Big Deficit
The International Monetary Fund (IMF) said last Thursday, June 27, that the United States currently has too big a fiscal deficit, and this country is burdened with too much debt.
Thomas Barkin Says About US Ongoing Battle Against Inflation
Thomas Barkin, President of the Federal Reserve Bank of Richmond, said that the process of combating inflation is currently underway in the United States.
Nvidia CEO Says About Rising Competition
Nvidia chief executive officer Jensen Huang last Wednesday, June 26, said that the current significant advantage of this company in the area of chips for artificial intelligence systems was achieved as a result of a bet made more than ten years ago, based on investments in AI worth billions of dollars and a team of […]
Amazon Hits $2 Trillion in Value
Amazon.com Inc. has reached a market capitalization of $2 trillion for the first time in its history.
China Considers Countermeasures After US Intention to Curb Outbound Tech Investment
The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.
ByteDance & Broadcom Work on Advanced AI Chip
TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.
OpenAI Buys Enterprise Startup
OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.
Target to Roll Out AI Chatbots in US Stores This Summer
American retail giant Target aims to facilitate internal operations in nearly 2,000 stores across the United States with a handy AI assistant called “Store Companion”.
US Sues Adobe for Hiding Fees
On Monday, June 17, the United States government sued Adobe, maker of Photoshop and Acrobat, accusing the company of harming consumers by hiding high fees for terminating subscriptions in the most popular tariff plan and making it difficult to cancel subscriptions.
