Minneapolis Federal Reserve President Neel Kashkari stated that a rate cut by the US central bank is likely by December.
Industry
US to End Advance Payments Program for Medicare Providers Hit by Change Healthcare Cyberattack
The Centers for Medicare and Medicaid Services will end the advance payments program to providers affected by a cyberattack on UnitedHealth's Change Healthcare.
Microsoft's Xbox Marketing Head to Leave the Company to Join Roblox
.Jerret West, Microsoft's Xbox marketing chief, is leaving the firm to join Roblox. Jerret West, Microsoft's Xbox marketing chief, is leaving the firm to become the new chief marketing officer of the gaming platform Roblox.
Nationwide Insurance to Cancel Coverage for About 100,000 Pets in Response to Inflation
Nationwide Insurance announced that it would cancel coverage for nearly 100,000 pets across the US.
China-Based DeepSeek’s Open-Source Generative AI Tool Coder Poses Competition vs. OpenAI’s ChatGPT, Other AI Platforms
Chinese artificial intelligence (AI) startup DeepSeek announced the release of its open-source generative AI code language model, Coder V2.
Latest News
Iraqi militias are targeting US businesses such as KFC in protest to the Gaza war. Supporters of Islami Jamiat-e-Talaba (IJT), a student wing of Pakistan's Jamaat-e-Islami (JI) party stage a pro-Palestinian protest outside a Kentucky Fried Chicken (KFC) restaurant calling for boycott of Israeli products on the outskirts of Islamabad on May 7, 2024, amid the ongoing war between Israel and the militant Hamas group in the Gaza Strip.
Germany is urging China to take decisive steps regarding tariffs on imported electric vehicles (EVs).
Coca-Cola and Starbucks have sought to re-register their trademarks in Russia to protect their intellectual property rights.
California lawmakers rejected Governor Newsom's request to allocate an additional $400 million for PG&E in the state budget, continuing a political standoff.
LinkedIn Premium users can now use new AI-powered tools to improve their cover letters and resumes.
Apple is facing a proposed class action lawsuit alleging it systematically underpaid over 12,000 female employees in California.
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
Microsoft President Brad Smith was intensely questioned by a House homeland security panel on Thursday regarding the company's security practices and ties with China.
Trump and Biden made competing pitches to business leaders, with Trump focusing on tax cuts and deregulation, while Biden promoted government support and investments.
