No Data
Former ally of Trump drafts 'AI Manhattan Project' to cancel tedious AI regulations.
This plan aimed at promoting the development of AI and simplifying regulation is believed to be beneficial to Silicon Valley investors. Currently, Silicon Valley is turning to support Trump, among which Musk has already expressed his stance. If Trump is re-elected, his relationship with the technology industry may become even closer.
Fed's Kugler Says Rate Cut May Be Appropriate Later This Year
Federal Reserve Governor Adriana Kugler says it would be appropriate to lower borrowing costs “later this year” if inflation continues to moderate alongside a cooling yet resilient labor market. She speaks during an event hosted by the National Association for Business Economics in Washington.
Slowing Inflation, Labor Market Open Door for Rate Cuts, Fed's Kugler Says
More progress on reducing inflation and signs of growing softness in the U.S. labor market would pave the way for interest-rate reductions later in 2024, Federal Reserve Gov. Adriana Kugler said on Tuesday.
Among Small-cap Stocks, Morgan Stanley Adds Preference for Growth Over Value
Dow Notches Record Closing High, Small Caps Surge on Rate Cut Bets
NEW YORK (July 17): Wall Street stocks rose and the Dow Jones Industrial Average hit an all-time closing high on Tuesday after U.S. retail sales data supported the view that the Federal Reserve is approaching its easing cycle, reining in inflation while avoiding a recession.
Express News | Former President Donald Trump Wants To Bring Corporate Tax Rate To As Low As 15%, And He No Longer Plans To Ban TikTok