SoftBank to acquire chip designer Ampere in $6.5 billion deal
SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5…
Category: Economy
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the last projection…
Trump and Putin agree on ‘energy and infrastructure ceasefire’ as step to Ukraine peace deal
Ukrainian President Volodymyr Zelenskyy last week said that Kyiv would agree to a broader 30-day ceasefire if Russia also signed.…
The Fed will update its rate projections Wednesday. Here’s what to expect
If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key…
Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech
After Google agreed to buy security software vendor Wiz for $32 billion on Tuesday, the Trump administration will get an…
Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS
Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station. ...
Nvidia announces Blackwell Ultra and Rubin AI chips
Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late…
AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
Google DeepMind CEO Demis Hassabis said he thinks artificial general intelligence, or AGI, will emerge in the next five or…
Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run. ...