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19.08.25 - 11:12
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JPMorgan Private Bank Sees ′Gradual′ Fed Rate Cuts (Bloomberg)
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Erik Wytenus, EMEA head of investment strategy at JPMorgan Private Bank, comments on the US economy, Federal Reserve policy and the outlook for bond markets and equities ahead of Fed Chair Jerome Powell's speech in Jackson Hole, Wyoming, taking place on Friday. He speaks on Bloomberg Television....
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19.08.25 - 11:06
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US underestimating China′s AI progress, OpenAI′s Sam Altman says (SCMP)
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OpenAI CEO Sam Altman says the United States may be underestimating China's significant advances in artificial intelligence, warning that Washington's technology restrictions are no impediment to that progress.
“I'm worried about China,” the 40-year-old Altman was quoted as saying on Monday in a report by American business news channel CNBC. He indicated that the AI arms race between the US and China was more complex than it appeared.
“There's inference capacity, where China probably can build......
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19.08.25 - 10:48
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S&P Retains U.S. Sovereign Ratings (AFX)
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WASHINGTON (dpa-AFX) - S&P Global maintained its 'AA+' credit rating on the U.S., as the increase in revenue from higher tariffs is expected to offset weaker fiscal outcomes. The outlook on the ra......
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