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The collapse of multiple banks, the potential folding of start-ups and the general unease in the economy all suggest the Federal Reserve is on the “cusp of a soft, safe landing,” CNBC’s Jim Cramer said Tuesday. “Until last week’s banking fiasco, I think [Federal Reserve Chair] Jay Powell was losing the …

Tech jobs in Asia are “robust” despite tech sector layoffs, said Peter Bithos. Charliepix | Istock | Getty Images Asia may be struggling with a shortage of workers after the pandemic, but Peter Bithos, CEO of job portal operator Seek Asia, said it is not the same as North America’s …

“The second half of next year is [the] possible timing for when the Bank of Japan will end its negative interest rate policy,” said former Bank of Japan board member Takahide Kiuchi (pictured here in 2017). Bloomberg | Bloomberg | Getty Images Japan’s central bank could delay any changes to …

Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images OpenAI announced the latest version of its primary large language model, GPT-4, on Tuesday, that it says …

Charles Schwab CEO Walt Bettinger said Tuesday that his firm is still experiencing sizable inflows, contrary to fears that the banking crisis brought on by the Silicon Valley Bank’s collapse is spreading in the sector. “What we’re seeing is asset inflows to the firm in significant numbers,” Bettinger said to …

Women face a wage gap at every point in their careers, a gap that gets worse as they age and progress through their work lives.  In 2021, the most recent year for which federal data is available, women working full-time in the U.S. were paid 84 cents for every dollar …

Despite the 2008 financial crisis, bank failures are considered extremely rare. However, the unexpected shutdowns of Silicon Valley Bank and Signature Bank have many consumers concerned about their deposits, their bank and the U.S. banking system. “Every American should feel confident their deposits will be there if and when they need them,” President Joe …

A visual representation of Bitcoin. Edward Smith | Getty Images Bitcoin jumped on Tuesday to levels not seen since last summer, extending its Monday rally as investors weighed the latest inflation data. Bitcoin rose more than 7% to $26,110.50, according to Coin Metrics. Chart analysts had been eyeing $25,200 as …

A customer shops at a grocery store in Brooklyn on Feb. 14, 2023. Michael Nagle/Xinhua via Getty Images The annual inflation rate in February continued its gradual cooling trend, though it remained well above policymakers’ target. Inflation is a measure of how quickly prices are rising or falling in the …

Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019. Michael Short | Bloomberg | Getty Images Google is deepening its push into generative artificial intelligence, introducing features Tuesday that will let users create text in Gmail and Docs using the …