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Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In a...
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of...
China’s robot vacuum Roborock plans mass-market cleaners with AI arms
In 2025, Roborock launched a vacuum cleaner with a robotic arm for moving socks and other obstructions out of the way.Cfoto | Future Publishing...
fmr. U.S. CEO Bill Simon
Walmart's former U.S. CEO Bill Simon thinks Thursday's stock drop is bizarre.The big-box retailer lifted its full-year sales and earnings forecast, but the stock...
Powell to deliver Jackson Hole speech Friday. What Wall Street expects
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave...