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Business News

The Fed's Decision to Keep Rates Steady Is 'Unsurprising,' According to a JPMorgan Expert. Here's Why.

Federal Reserve Chair Jerome Powell said that the Fed wasn't in any rush to make rate adjustments.

Business News

'Strapping a Rocket to Our Backs': What Is Wiz? Here's What to Know About Google's Largest Acquisition Ever.

Wiz will be folded into Google Cloud. It's the biggest deal of 2025 so far.

Business News

'We're Going to Be Their Boss': Don't Worry, Meta's Chief AI Scientist Says Humans Won't Let Superintelligent AI Get Out of Control

An OpenAI research paper estimated that superintelligence, or AI capable of complex reasoning and problem solving, could arrive within the next decade.

Business News

Morgan Stanley Plans to Lay Off 2,000 Workers, Replacing Some with AI

Morgan Stanley's planned job cuts are both performance and AI-based.

Business News

Generative AI Is Creating Power Struggles and 'Tearing Companies Apart,' According to a New Survey

More than one out of three executives surveyed said they found the adoption of generative AI at their companies to be a major disappointment.

Franchise

Taco Bell Is Teaming Up With a Major AI Firm to Speed Up Service — And Increase Accuracy

Select Taco Bell and Pizza Hut locations are testing AI technology that streamlines drive-thru orders, optimizes restaurant operations, and enhances customer experiences.

Business News

Bank of America Is Cracking Down on Overwork for Junior Bankers and Capping Hours to 'Only' 80 a Week. Here's Why.

The bank is making changes after reports suggested managers pressured junior bankers to lie about their working hours.