Month: March 2025
FTC commissioner fired by Trump says her ouster should concern markets
One of the two Democratic commissioners at the Federal Trade Commission whom President Donald Trump abruptly fired Tuesday warned that her ouster could erode market stability. “This isn’t just about the FTC, and it’s not about my job,” former commissioner Rebecca Kelly Slaughter said Wednesday on CNBC’s “Squawk on the Street.” “This is about policing […]
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Nvidia’s Huang says faster chips are the best way to reduce AI costs
Nvidia CEO Jensen Huang introduces new products as he delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | AFP | Getty Images At the end of Nvidia CEO Jensen Huang’s unscripted two-hour keynote on Tuesday, his message was clear: Get the fastest chips that […]
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Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in January. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]
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Fed holds interest rates steady, still sees two cuts coming this year
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with pressing concerns over the impact tariffs will have on a slowing economy, the rate-setting Federal Open Market Committee kept its key borrowing rate targeted […]
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Microsoft announces new HR executive, company veteran Amy Coleman
Microsoft’s Amy Coleman (L) and Kathleen Hogan (R). Source: Microsoft Microsoft said Wednesday that company veteran Amy Coleman will become its new executive vice president chief people officer, succeeding Kathleen Hogan, who has held the position for the past decade. Hogan will remain an executive vice president but move to a newly established Office of […]
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Stocks making the biggest moves midday: Boeing, Nvidia, Autodesk, Gilead Sciences and more
Check out the companies making headlines in midday trading: Autodesk — Shares of the design software maker rose nearly 4% after Starboard Value said it is preparing to wage a proxy fight and intends to nominate a minority slate of director candidates ahead of the company’s upcoming annual meeting. MicroStrategy — The company, which is now going […]
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Art created autonomously by AI cannot be copyrighted, federal appeals court rules
A picture titled “A Recent Entrance to Paradise,” which computer scientist Stephen Thaler said he had created using his generative AI platform, the “Creativity Machine.” Source: Wikipedia CC A federal appeals court ruled that art created autonomously by artificial intelligence cannot be copyrighted, saying that at least initial human authorship is required for a copyright. […]
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This low-volatility ETF is having its moment this year, topping the S&P 500
Wall Street may be getting used to the uptick in volatility that started when President Donald Trump began implementing his tariffs on China, Canada and Mexico. But typical stockholders may not be faring that well, with the S & P 500 pulling back 3.9% in 2025. However, if investors had instead faded volatility and stuck […]
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XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company
A visual representation of the digital cryptocurrency XRP. S3studio | Getty Images XRP surged after Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by nearly 14% at $2.57. “It’s been almost four […]
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Federal judge transfers Columbia student activist’s case to New Jersey
FILE PHOTO: Mahmoud Khalil speaks to members of media about the Revolt for Rafah encampment at Columbia University during the ongoing conflict between Israel and the Palestinian Islamist group Hamas in Gaza, in New York City, U.S., June 1, 2024. Jeenah Moon | Reuters A Columbia University student activist detained by the U.S. government over […]
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