Business

Business

Fed rate hike backed by 3 dissenting members over inflation concerns

Horizon Portfolio Management head Zachary Hill and SlateStone Wealth chief market strategist Kenny Polcari discuss how the market will be impacted by the Federal Reserves decision to leave interest rates unchanged on The Claman Countdown. The Federal Reserve left its benchmark interest rate unchanged this week despite three dissenting votes …

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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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