Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates

Key Points

Fed Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.
“Whatever happens in the near term, my baseline still calls for reducing the policy rate gradually over the next year,” he said.

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Finance

Job market is ‘trash’ right now, career coach says — here’s why

June 9, 2025

Key Points It’s a tough market for job seekers, especially recent graduates, experts said. Employers are hiring at the slowest pace in more than a decade, even as unemployment and layoffs are relatively low. Don’t underestimate the power of building personal connections and networking while hunting for a job, one expert said. Source

Finance

UK finance watchdog teams up with Nvidia to let banks experiment with AI

June 9, 2025

Key Points The U.K.’s Financial Conduct Authority announced the Supercharged Sandbox, a partnership with Nvidia that aims to help banks safely experiment with AI. The initiative is designed for financial services firms in the “discovery and experiment phase” with AI, the FCA said. Banks have faced challenges shipping advanced new AI tools to their customers […]

Finance

China’s EV race to the bottom leaves a few possible winners

June 8, 2025

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