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Business

June PCE: Fed’s favored inflation gauge showed price growth eased

A panel discusses the weeks market selloff, driven by inflation fears, rising oil prices and disappointing Big Tech earnings on Barrons Roundtable. The Federal Reserve’s preferred inflation gauge fell in June, as the pace of price growth pulled back amid volatility in energy markets. The Commerce Department on Thursday reported that …

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Trump weighs tighter AI controls amid OpenAI security scare

OpenAI CEO Sam Altman responds to those afraid of artificial intelligence and recent Hugging Face hacks on FOX Business. President Donald Trump said Wednesday his administration is considering additional safeguards for artificial intelligence following a recent cybersecurity incident involving multiple OpenAI models undergoing internal security testing. Asked about reports that …

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Trump administration unveils $22.5B overhaul of Dulles airport

President Trump unveils a $22 billion renovation plan for Washington, D.C.’s Dulles International Airport, aiming to transform it from the ‘worst’ to the ‘best.’ President Donald Trump and Transportation Secretary Sean Duffy unveiled plans and renderings Wednesday for a $22.5 billion overhaul of Washington Dulles International Airport. The project — …

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