S&P, Dow futures hover near flatline ahead of fresh US economic data – Investing.com
Investing.com — U.S. stock futures were mostly weak on Friday as investors awaited the release of a slew of economic data, including new consumer spending data and the Federal Reserve's recommended inflation measure. By 6:31 ET (10:31 GMT), the contract was little changed, down 5 points, or 0.1%, and down 43 points, or 0.2%. The […]
Gold (XAU) Daily Forecast: US PCE Data Looms, XAU Steady Near Key $2,665 Support Level – FX Empire
Geopolitical tensions in the Middle East continue to support demand for safe-haven assets such as gold, but rising risk appetite and a strong dollar are limiting upside. However, expectations that the Fed will cut rates significantly in November are providing fundamental support for gold. Impact of US economic development and Fed expectations on gold prices […]
Watchdog sues Pentagon for withholding promotion data they believe will show DEI at play
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USD/JPY sitting around its recent high circa 145.05 after the Tokyo inflation data – ForexLive
High risk warning: Foreign exchange trading involves a high level of risk and is not suitable for all investors. Leverage introduces additional risks and losses. Please consider your investment objectives, experience level, and risk tolerance carefully before deciding to trade foreign exchange. You may lose some or all of your initial investment. Don't invest money […]
Viral ‘Goodbye Meta AI’ post is a hoax, won’t protect data
Goodbye, AI. Instagram and Facebook users have posted messages of protest on the social media apps in an attempt to stop them from using their data to train Meta AI, but it may all be to no avail. The statement “Goodbye Meta AI” was shared by over 600,000 people, including celebrities like Julianne Moore. Tom […]
Dollar edges down before Fed speakers, data; Swiss franc rises after SNB – Yahoo Finance
Stefano Rebaudo (Reuters) – The safe-haven dollar edged lower on Thursday as risk appetite rose, with traders focusing on speeches by the Federal Reserve's top policymaker and economic data due later in the day for clues about the pace of interest-rate cuts. Meanwhile, the Swiss franc strengthened after the Swiss National Bank cut interest rates […]
OpenAI pitches Biden admin on need to build massive AI data centers
OpenAI has reportedly appealed to the Biden administration, arguing that amid intensifying global competition, it needs to build massive data centers that consume as much electricity as a large city to process more advanced artificial intelligence models. Last week, a number of tech leaders, including OpenAI CEO Sam Altman and executives from Anthropik, Nvidia, Microsoft […]
House panel probes Labor Department’s leak of revised jobs data to Wall Street firms
A Republican-led House committee is seeking an explanation from the Labor Department over how the federal agency leaked revised employment data to several Wall Street firms last month before it was released to the public, The Washington Post has learned. The House Education and Labor Committee, chaired by Rep. Virginia Foxx (R-N.C.), sent a letter […]
NYC law on sharing food delivery customers’ data with restaurants is unconstitutional, judge rules
A federal judge ruled Tuesday that a New York City COVID-19 law requiring food delivery companies to share customer data with restaurants is unconstitutional. U.S. District Judge Analisa Torres said the law violates the First Amendment by improperly regulating commercial speech. Her decision marked a legal victory for the three major food delivery companies that […]
US Dollar declines after weak data, Fed battles against dovish bets – FXStreet
The DXY fell, dropping to 100.60. The Conference Board's September consumer confidence index came in below expectations. Fed chairs are currently battling dovish market expectations. The US Dollar Index (DXY), which measures the greenback's value against a basket of six currencies, recorded a slight decline on Tuesday after the release of The Conference Board's consumer […]