News
White House Aims to Shift Cybersecurity Burden to Tech Providers
The White House announced its much-awaited National Cyber Strategy. It provides a road map for how the White House administration aims to defend the USA from an increasing number of online threats.
A key element of the new strategy consists...
News
The Shares Of Alphabet Decline 7% After Google’s AI Event
The shares of Google’s parent company Alphabet declined more than 7% following an event of company to promote its new AI-powered chatbot called Bard.
Google publicly announced AI-powered Bard recently and expressed that it will begin to roll out the AI-powered Bard technology...
Federal Reserve and Interest Rates
Rate Hikes Are Slowed By Federal Reserve, Ecb, And Boe
Three of the world’s highly influential central banks reduced their pace of increase in interest-rate hikes. These banks acknowledged that somewhat price pressures are easing but also stressed that inflation is still far from over.
The Federal Reserve, Bank of...
Federal Reserve and Interest Rates
Federal Reserve Officials Anticipate Higher Interest Rates For Some Time Ahead
Federal Reserve authorities are determined to fight inflation and are expecting higher interest rates for some time ahead until the inflation is within the target range of Federal Reserve, as discussed in the Fed’s December meeting.
Federal Reserve policymakers at...
Latest News
China announces a target of 5% Growth in GDP for 2023; Shows Cautious Approach.
China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the...