Fed rate decision 'puzzling,' market strategist says

Dean Smith, chief strategist and portfolio manager at FolioBeyond, says "It's really kind of a puzzling decision that the Fed ...

Amazon layoffs may mark 'new normal' in AI era, market expert says

Eric Diton, president and managing director of The Wealth Alliance, said Amazon's announcement on Tuesday of mass layoffs, ...

Microsoft, OpenAI reach new deal valuing OpenAI at $500 billion

Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, ...

Amazon to cut about 14,000 corporate jobs in AI push

Amazon said on Tuesday (October 28) it will reduce its global corporate workforce by about 14,000 people, with more cuts ...

Powell says inflation impact from tariffs 'a risk we have to monitor'

Federal Reserve Chair Jerome Powell said on Wednesday (October 29) that the impact on inflation from tariffs is being watched very carefully and that "we understand fully this is a risk we have to ...