ATLANTA (AP) — The pitch from Georgia Gov. Brian Kemp is simple: Putting limits on lawsuits will halt rising insurance costs. The reality, though, is more complicated. Changes could reduce liability insurance costs for businesses and commercial property owners. The evidence is mixed on whether it would drive large premium reductions for car and other […]
AUBURN, N.Y. (AP) — A New York food bank was offered a huge donation of fresh fish this month — but it came with a catch. LocalCoho, a soon-to-close salmon farm in the small upstate city of Auburn, wanted to give 40,000 pounds (18,100 kilograms) of coho salmon to the Food Bank of Central New […]
Microsoft Corp. investors focused on the company’s disappointing revenue of its Azure cloud business on Wednesday, but they should also be looking at another number indicative of future growth: bookings. The software giant told Wall Street in its fiscal third-quarter earnings that revenue at Azure grew 31%, just below estimates, but also said that future […]
SoftBank reportedly is in talks to invest up to $25 billion in OpenAI and become the ChatGPT creator’s largest investor.
The European Central Bank is expected to cut interest rates as the disinflationary process continues amid worries about the strength of the economy.
Bond yields dipped Thursday after the Fed’s midweek monetary policy decision did little to shift the market’s interest rate expectations.
ServiceNow’s CFO said the forecast for subscription revenue is prudent. And one analyst cheered the company’s momentum with large deals.
The Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump’s demand to cut them. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready. “The economy is strong; inflation […]
Economic provocateur and Rich Dad Poor Dad author Robert Kiyosaki isn’t pulling punches. Predicting a historic market meltdown in February 2025, he’s urging caution on traditional investments. At the same time, he’s bullish on Bitcoin, branding it a “real asset” with massive growth potential. Robert Kiyosaki: ‘Bitcoin will boom, boom, boom’ Robert Kiyosaki has doubled down on […]
On 27 January 2025, Hong Kong’s Securities and Futures Commission (SFC) granted operational licenses to two Hong Kong-based crypto exchanges, PantherTrade and YAX. This brings the total number of licensed platforms to nine since the SFC’s licensing regime was launched in mid-2024. Commenting on the development, Kelvin Liu Kai, CEO of YAX said, “We have […]