The Federal Reserve will probably keep its distance from the DeepSeek saga during its policy meeting this week, but the U.S. central bank has good reason to keep very close tabs on any artificial intelligence wobble on Wall Street.
U.S. equity indexes dipped and the dollar was firm on Wednesday after the Federal Reserve held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.
AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the transcontinental railroads, mechanization of agriculture and interstate highway system.
Asian stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded
U.S. stocks on Tuesday were regaining some ground after Monday's sharp selloff, with the S&P 500 and the Nasdaq Composite trading near their session highs as investors digested DeepSeek's AI advancement and awaited decisions from the Federal Reserve's first policy meeting of the year.
The S&P 500 fell 1.5% on Monday, Jan. 27, as a Chinese startup's cost-efficient and high-performing AI model sent shockwaves through the U.S. tech sector.
Standard Chartered's Geoffrey Kendrick explains why the impact of DeepSeek on the AI industry could be good for the Bitcoin price.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Banking Dive takes a look at several trend areas — from M&A to regulation — to give its best guess on developments to come this year. But as observers in the ESG sector will tell it, change has been rapid and thorough.
President Donald Trump is meeting Friday with Nvidia CEO Jensen Huang, whose company designs and supplies the advanced computer chips that play an integral role in developing artificial intelligence.
Surging stock prices have fueled consumer spending, which has boosted economic growth. A market selloff could put a lid on consumption..