Itemoids

Bloomberg

SoftBank explores investing billions in OpenAI partnership

Quartz

qz.com › softbank-billions-openai-partnership-1851751553

This story incorporates reporting from The Financial Times, New York Post, The Australian Financial Review, Business Insider, Business Insider and Bloomberg L.P..

SoftBank, the Japanese multinational conglomerate, is in negotiations with OpenAI, the prominent artificial intelligence research and deployment company, to…

Read more...

Trump Media expands into fintech, launching Truth.Fi brand

Quartz

qz.com › trump-media-truth-social-fintech-charles-schwab-1851750322

This story incorporates reporting from Business Insider, Yahoo Finance, Finbold | Finance in Bold and Bloomberg L.P..

Trump Media & Technology Group (TMTG) has announced its entry into the financial technology sector with the launch of a new brand, Truth.Fi. The move marks a significant expansion for the company,…

Read more...

The Fed is likely to hold interest rates steady as Trump calls for cuts

Quartz

qz.com › federal-reserve-fed-fomc-interest-rates-trump-economy-1851750128

This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.

The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President Donald Trump, who continues to advocate for lower rates. After a series of three cuts toward the end of 2024, the Fed’s…

Read more...

Pete Buttigieg says Boeing needs 'a pretty profound culture change'

Quartz

qz.com › boeing-pete-buttigieg-culture-change-criticism-1851733593

Boeing (BA) is coming in for a bit more last-minute criticism from outgoing members of the Biden administration. Soon-to-be-former Transportation Secretary Pete Buttigieg told Bloomberg in an interview Monday that the planemaker still has a lot of work to do on itself.

Read more...