Amazon Web Services CEO Adam Selipsky speaks at the Collision conference in Toronto on June 27, 2023. Chloe Ellingson | Bloomberg | Getty Images Amazon‘s AWS cloud unit announced its new Trainium2 artificial intelligence chip and the general-purpose Graviton4 processor during its Reinvent conference in Las Vegas on Tuesday. The …

Federal Reserve Governor Christopher Waller said Tuesday he’s growing more confident that policy is in a place now to bring inflation back under control. There was nothing in Waller’s prepared remarks for a speech in Washington, D.C., that suggests he’s contemplating cutting interest rates, and he noted that inflation currently …

Taylor Swift singing at The Eras Tour. Buda Mendes/tas23 | Getty Images Entertainment | Getty Images Last week, the IRS delayed a tax reporting change for third-party payment apps like Venmo, PayPal and TicketMaster. However, you may still owe taxes if you made a profit on resold Taylor Swift tickets, …

As the U.S. gears up for its next presidential election in 2024, the country needs a “strong middle” political ground and bipartisan cooperation, according to Ray Dalio, founder of investment company Bridgewater. “If you bring the sides together in a bipartisan way, and you create a strong middle, that’s what …

Recep-bg | E+ | Getty Images Now that federal student loan payments have restarted after a three-year reprieve, some borrowers may be wondering if it’s a good time to refinance. And companies haven’t been shy in pushing the option, said higher education expert Mark Kantrowitz. “Some lenders seem desperate for …

Ray Dalio speaks during the 2023 Forbes Iconoclast Summit at Pier 60 on June 12, 2023 in New York City. Taylor Hill | Getty Images Entertainment | Getty Images ABU DHABI, United Arab Emirates — Amid a turbulent global environment, hedge fund titan Ray Dalio sees one particular part of …

Amazon is expanding its palm-scanning technology beyond grocery stores and is rolling out a version that’s designed for the business world. Amazon One Enterprise repackages the company’s palm-based payment system as an authentication tool that lets corporate employees swipe their hand to enter an office or access sensitive information like …

A cameraman takes video footage of a stock index board showing South Korea’s benchmark stock index (L) after a ceremony celebrating the New Year’s opening of the South Korea stock market at the Korea Exchange in Seoul on January 2, 2023. (Photo by Jung Yeon-je / AFP) (Photo by JUNG …

Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 year-end target. “It’s really hard to get excited. If we have better [economic] growth, then the Fed doesn’t do anything,” …

German company Lilium produces flying electric passenger drones. Lilium Lilium, a German air taxi firm, has received regulatory approval to design and operate its electric vertical takeoff and landing vehicles, the company said Monday. Lilium was awarded “Design Organization Approval” by the European Union Aviation Safety Agency, a special condition …