A coalition including OpenAI, Anthropic, Amazon, and Microsoft supports a new nonprofit headed by Gina Raimondo to retrain American workers for the rising AI-driven economy.
The core inflation index surged to a three-year peak, signaling growing affordability challenges as consumer prices continue to rise beyond volatile sectors.
Gold and silver futures fluctuated sharply as investors weighed potential US Federal Reserve rate hikes alongside easing geopolitical tensions and a strengthening dollar.
The Federal Reserve confirmed that all 32 major U.S. banks maintained adequate capital in a severe 2026 recession stress test, supporting financial stability amid economic uncertainty.
Major U.S. stock indexes climbed with broad gains on mixed signals from the Middle East and ahead of key tech earnings, boosted by a sharp drop in oil prices.
Gold IRAs attract growing attention as investors seek inflation protection, but regulatory limits, fees, and gold’s price volatility complicate the appeal of these retirement vehicles.
The Federal Reserve restructures its bank supervision unit to emphasize core financial risks, merging key teams and adjusting management to improve efficiency and economic analysis.
Connecticut’s unemployment rate rose again in May amid weak job growth, with limited gains offset by losses in key industries and ongoing challenges for job seekers.
While most European firms use AI to some extent, only a small fraction deploy it intensively, with investment and usage patterns varying by sector, size, and company age.
The US dollar reached its highest level in over a year as markets repriced the likelihood of Federal Reserve interest rate increases, pressuring global currencies and exporters.
Asian markets brace for further declines in tech shares as investors await Micron’s earnings, testing the resilience of the AI-driven chip demand rally.
Tech-heavy indexes declined amid fears that persistent inflation could force the Federal Reserve to maintain higher interest rates, pressuring AI and semiconductor stocks.