Powell strikes hawkish tone as Fed defies Trump’s calls for rate cut
Two members of the US central bank’s voting committee dissent from decision not to lower borrowing costs
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Laying off workers because of AI is more of a fashionable excuse than a real business imperative, study suggests
Companies are spending on new AI investments more than they are spending on AI as a worker alternative.
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Gilbert Arenas indictment over alleged illegal poker game names former NBA star as ‘Agent Zero,’ flags potential Israeli gangster
The other five defendants are LA residents aged 27 to 52. Among them is a 49-year-old man described by prosecutors as “a suspected organized crime figure from Israel.”
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The AI boom sends TSMC, the world’s most important chipmaker, up 60 spots on the Global 500
“If someone had told me 10 years ago that I’d meet two presidents in one week…I would have thought they were joking,” CEO C.C. Wei tells Fortune.
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Microsoft just revealed how much its flagship cloud platform makes—a whopping $75 billion a year
The Azure cloud business is a centerpiece of Microsoft’s efforts to shift its focus to artificial intelligence, but the company hadn’t previously disclosed its revenue.
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Britain is not a broken society
The country has serious problems but the right’s vision of it has become hysterical
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UK air traffic control criticised after outage disrupts summer getaway
‘Technical issue’ at Nats results in more than 150 flights being cancelled across multiple British airports
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The EU has validated Trump’s bullying trade agenda
The US president’s deals are not a win-win for the global economy