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NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
OpenAI Is Reportedly Trying To Raise $100B At An $830B Valuation
OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the WSJ reported Thursday.
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Peter Schiff Blasts Trump’s ‘Booming Economy’ Claim, Warns US Output Is ‘Going Bust.’ Here’s The Problem And What To Do
President Donald Trump has repeatedly touted the strength of the U.S. economy, recently insisting that “our economy is booming (1).”
Cohen As Casino Boss Is Latest Pivot For Hedge Fund Mogul
Hedge fund titan. Movie character. Art collector. Sports team owner. And possibly soon, casino boss.
Bitcoin Slides On 'Weak' Sentiment, Strategy, Coinbase Among Crypto Stocks Hit
Bitcoin tumbled more than 8% on Monday alongside crypto-related stocks, casting doubt on a year-end rally despite growing prospects of a Fed rate cut.