• Jan 28, 2025

Why Tech’s DeepSeek Slump Left Rest of Market Historically Unscathed

(Bloomberg) -- Several measures of stock market health suggest that Monday’s sudden slump was in fact mostly an isolated hit to the world’s biggest technology firms and AI-related shares.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station Will Close for Almost a Mon

  • Jan 28, 2025

Investors to Watch Powell’s Tone as Market Teeters

(Bloomberg) -- As the Federal Reserve’s two-day meeting begins, investors have accepted that the central bank probably won’t be cutting interest rates this time. But with the stock market at a tenuous point, what they’re looking for is any signal from Chairman Jerome Powell on which way inflation is going.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Ru

  • Jan 28, 2025

DeepSeek’s AI Model Just Upended the White-Hot US Power Market

(Bloomberg) -- It took just a single day's trading for Chinese artificial intelligence company DeepSeek to upend the US power market’s yearlong hot streak premised on a boom in electricity demand for artificial intelligence.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PAT

  • Jan 28, 2025

5 surprising companies now accepting cryptocurrency as payment

On May 22, 2010, a man in Florida spent 10,000 Bitcoin — the current-day equivalent of $1 billion — on pizza. The event, which marked the first digital currency transaction ever made for a physical item, is now celebrated annually as Bitcoin Pizza Day.

  • Jan 28, 2025

Chile Central Bank Will Pause Interest Rate Cuts as Inflation Flares Up

(Bloomberg) -- Chile’s central bank will likely pause interest rate cuts for the first time since July while signaling it could resume easing again later after policymakers weather a short-term jump in inflation.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresFire-Ravaged LA Library

  • Jan 27, 2025

What if AI Could Clone your Voice and Ask for Crypto?

Let's take a minute to reflect on the perfect cyber-crime. Where would you be? What would you be doing? How would the hacker reach you? Who is the person that you would help without hesitation? Would you be distracted? These are the types of questions that hackers are actively searching for ...