World

Goldman Sachs CEO David Solomon said Wednesday he does not expect the Federal Reserve to cut interest rates this year. “I’m still at zero cuts,” Solomon said at a Boston College event. “I think we’re set up for stickier inflation.” His comments came after Federal Reserve policymakers said on Tuesday the central bankshould wait several more monthsto ensure that inflation
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Nvidiaforecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing investors who have tripled the chipmaker’s market value in the past year on AI optimism. Nvidia shares jumped 5.9% to $1,005 in extended trade, peaking above the psychologically important $1,000 mark and adding about $140 billion
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The Posts owner News Corp agreed to a landmark content licensing deal with artificial intelligence giant OpenAI, the firms announced Wednesday. The agreement allows the ChatGPT creator to use current and archived content produced by News Corp-owned publications — which also include the Wall Street Journal, Barrons, The Sun and The Times of London —
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