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Fed's Daly: More Rate Hikes Likely as Inflation Stays High
Korea's $10B Nuclear Prepayment After the Midterms
IBM Quantum System Two Now Running in Chicago
Tech Stocks Plunge as Midterms Fuel AI Slowdown Fears
DOL's Final 401(k) Alternatives Rule Goes to White House
Angel Investor Checklist: Check the Downside First
Pound-to-Dollar Falls as AI Stock Selloff Lifts Dollar
Is the US exorbitant privilege eroding?
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Fed's Daly: More Rate Hikes Likely as Inflation Stays High
TL;DR: San Francisco Fed President Mary Daly said Friday she expects the Fed will need to raise interest rates further, though the timing and size are undecided. The benchmark rate sits at 3.75% to 4…
Korea's $10B Nuclear Prepayment After the Midterms
TL;DR: South Korea has discussed paying up to $10 billion by year end for long lead reactor components, part of a plan of up to $120 billion for eight U.S. reactors. Democratic midterm wins that favo…
IBM Quantum System Two Now Running in Chicago
TL;DR: IBM's new Quantum System Two, now running at the University of Chicago's Hyde Park Labs, is the company's most advanced system available and its first quantum computer in Illinois, IBM says . …
Tech Stocks Plunge as Midterms Fuel AI Slowdown Fears
TL;DR: Global tech stocks fell sharply on Thursday as investors sold on fears that the U.S. midterm elections would slow AI development, according to AOL's copy of a BBC report . The Nasdaq sank 5.5%…
DOL's Final 401(k) Alternatives Rule Goes to White House
TL;DR: The Labor Department's Employee Benefits Security Administration sent its final rule, Fiduciary Duties in Selecting Designated Investment Alternatives, to the White House Office of Management …
Pound-to-Dollar Falls as AI Stock Selloff Lifts Dollar
TL;DR: The pound to dollar rate fell 0.46% to 1.3388 on Friday as the dollar rose against every G10 currency, Pound Sterling Live reported. The cause was not in the UK. A rout in AI linked shares sta…
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