Fed Split Over Future Rate Cuts as Inflation Worries Linger
A divided Fed is wrestling with how far—and how fast—to cut interest rates. Minutes from the Fed’s September meeting...
Welcome to the Business section of Finblog.com, your essential destination for comprehensive insights and updates in the business world. This category is dedicated to providing you with the latest news, analysis, and trends that impact businesses of all sizes, from startups to multinational corporations. Here we emphasize on researching who are the wealthiest people in different countries and how their decisions shape both local and global economies.
They will be ‘wonderfully profitable’ — Nvidia CEO on Oracle’s reported GPU profit squeeze
Oracle’s AI cloud bet hits a margin reality check. Shares of Oracle slid over 3% Tuesday after a report...
Tesla Launches Cheaper Model Y and Model 3 to Revive Sales After Tax Credit Loss
Bold move, but risky timing: Tesla unveiled more affordable versions of its flagship Model Y and Model 3 on...
OpenAI Hands AMD a Big Win in AI Chip Race — What It Means for Nvidia
OpenAI announced a multi-year partnership with AMD to deploy 6 gigawatts of AI compute capacity powered by the chipmaker’s...
OpenAI to take 10% stake in AMD through AI chip deal
Advanced Micro Devices (AMD) announced a multi-year agreement to supply OpenAI with 6 gigawatts of compute capacity using its...
Markets Face Shutdown Delays, Fed Minutes, and Big Earnings Week Ahead
Stocks are coming off record highs, but the week ahead may be quieter for markets, with government data frozen,...
Why Nvidia’s Jensen Huang Isn’t Among the World’s Richest—Despite Leading Most Valuable Company
Nvidia may be the world’s most valuable company, but its CEO and cofounder Jensen Huang barely cracks the top...
Trump considers issuing direct payments of $1,000 to $2,000 to Americans, funded by revenue from his sweeping tariffs on imports
President Donald Trump said he is considering issuing direct payments of $1,000 to $2,000 to Americans, funded by revenue...
Stocks Hit New Records, Then Cool as ISM Services Stalls
Wall Street opened on a burst of AI euphoria and notched fresh intraday records Friday, but gains faded after...
US Hiring Plans Sink to Lowest Since 2009 as Layoffs Pile Up
The US labor market showed fresh signs of strain in September, with hiring plans plunging to their weakest level...