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What could a Trump appointee do at the Fed?
Were the president to replace Jay Powell as chair, his choice would have significant power to enforce the administration’s agenda
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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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Video game created by a 16-year-old in a few days shatters records, humiliates professional games designed with mega-budgets
Grow a Garden has beaten out video games that take years and millions of dollars to develop.
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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.