Driving down the market is not a direct goal of the Fed, yet declining stocks fit with the broader project of raising the cost of capital across the economy.
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As market slides, does the Federal Reserve want or need stocks much lower?
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OpenAI has committed billions to recent chip deals. Some big names have been left out
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled “Transforming Business through AI” in Tokyo, on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images In November, following Nvidia’s latest earnings beat, CEO Jensen Huang boasted to investors about his company’s position in artificial intelligence […]
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Latest U.S. sanctions target Houthi funding networks, Treasury says
U.S. Treasury Secretary Scott Bessent delivers remarks during a roundtable discussion with farmers hosted by President Donald Trump in the Cabinet Room of the White House in Washington, Dec. 8, 2025. Alex Wong | Getty Images The Trump administration issued fresh sanctions on Friday further targeting the Iran-backed Houthis in Yemen and the transfer of oil products, […]
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ASML hits record high on AI boost — and analysts see plenty of room to run
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024. Peter Boer | Bloomberg | Getty Images Dutch semiconductor equipment company ASML has held gains to hit record highs, following Taiwanese chipmaker TSMC’s strong earnings report on Thursday. ASML — Europe’s most valuable company and the […]
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