Recent Posts

Here’s what it would take for the Fed to start slashing rates in 2024

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year from the Federal Reserve. …

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AI will be ‘fairly competitive’ with humans in 5 years

Nvidia CEO Jensen Huang said Wednesday that artificial intelligence is gaining on humans. Speaking at the New York Times’ annual DealBook summit, Huang said that if artificial general intelligence (AGI) is defined as a computer that can complete tests in a “fairly competitive” way to human intelligence, then “within the …

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Jamie Dimon says JPMorgan Chase would exit China if ordered to

JPMorgan Chase CEO Jamie Dimon said Wednesday that his bank would exit China if the U.S. government ordered him to. “If the American government makes me leave China, I’m leaving China,” Dimon said at the DealBook Summit during a discussion about a potential future conflict over Taiwan. “If there’s a …

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