Every year, many of the world’s most important central bankers, economists, and financial experts travel to Jackson Hole, Wyoming, for a very special meeting. This event, known as the Economic Policy Symposium, is hosted by the Kansas City Federal Reserve. It may sound like just another conference, but in reality, it is a big deal […] More
Oil markets across the world are preparing for a slow start as trading opens on Sunday. The reason behind this calm reaction is the recent meeting in Alaska between Russian President Vladimir Putin and American President Donald Trump. During this meeting, both leaders discussed the war in Ukraine, and for the first time, Trump said […] More
Apple has announced that it will soon allow some of its watches in the United States to measure blood oxygen levels again. This feature will return through a software update after the company received approval from the U.S. government. The update comes after a long legal fight over the technology used for this health function. […] More
Amazon has taken another big step in its competition with other grocery delivery services. Starting now, people who use Amazon Prime can get fresh foods like strawberries, milk, meat, and even frozen dinners delivered to their homes on the very same day they order them. This move is part of Amazon’s plan to make grocery […] More
In July, prices in the United States went up only a little compared to the previous month. However, certain services and goods became more expensive, which pushed a key measure of inflation to its highest level in six months. This happened even though the overall increase in prices was not very large. The report, released […] More
In the United States, a new law is encouraging several big companies to explore creating their own stablecoins — a special kind of cryptocurrency that is tied to the value of the U.S. dollar. This could change the way people pay for things and send money, but experts believe there are still many hurdles to […] More
Britain’s competition watchdog has given the green light for Boeing to buy Spirit AeroSystems, one of the biggest makers of aircraft parts in the world. The decision was announced on Friday and means the UK does not see any major competition problems that would require a deeper investigation. This approval is an important step for […] More
On Thursday, U.S. President Donald Trump called for the immediate resignation of Lip-Bu Tan, the new chief executive officer of Intel. Trump said Tan is “highly conflicted” because of his business connections with Chinese companies. This public demand from a sitting president is rare, especially when it involves asking the head of one of America’s […] More
Google, the technology giant owned by Alphabet Inc., has made a big promise to help students and teachers in the United States learn more about Artificial Intelligence (AI). On Wednesday, the company announced that it will give $1 billion over the next three years to support AI learning and tools in U.S. colleges and nonprofit […] More
Two men from China, both 28 years old and living in California, have been arrested for sending very powerful computer chips from the United States to China without permission. These chips were made by a well-known American company called Nvidia. The U.S. government says these chips are important for artificial intelligence (AI) and shouldn’t be […] More