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Wholesale Inventories Declined 0.5% in December, Matching Economists’ Expectations
Wholesale Inventories Declined 0.5% in December, Matching Economists’ Expectations
February 07, 2025  |  Economy

U.S. wholesale inventories declined 0.5% in December compared to the previous month and declined 0.1% compared to December 2023, the Commerce Department said in a...

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Report: AI Startup Safe Superintelligence Aims to Quadruple Valuation to $20 Billion
Report: AI Startup Safe Superintelligence Aims to Quadruple Valuation to $20 Billion
February 07, 2025  |  artificial intelligence

Artificial intelligence (AI) startup Safe Superintelligence is reportedly in talks for a funding round that would quadruple its valuation to $20 billion. Get the Full Story...

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This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse
This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse
February 07, 2025  |  Artificial Intelligence

This week in artificial intelligence, Big Tech invests in AI, Meta rethinks its metaverse pivot and DeepSeek poses a potential security threat. Get the Full...

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Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds
Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds
February 07, 2025  |  Retail

As 2025 unfolds, the luxury market is undergoing a period of mixed results and shifting dynamics. Recent news and earnings reports reveal a sector experiencing...

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OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI
OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI
February 07, 2025  |  artificial intelligence

OpenAI CEO Sam Altman reportedly said that European Union (EU) regulations could limit the region’s access to artificial intelligence (AI). Get the Full Story Complete the...

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UK’s FCA Urges Social Media to Prevent Illegal Financial Promotions
UK’s FCA Urges Social Media to Prevent Illegal Financial Promotions
February 07, 2025  |  Security & Fraud

The United Kingdom’s Financial Conduct Authority is urging social media platforms to do more to prevent illegal financial promotions. Get the Full Story Complete the...

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How US Stablecoin Regulation Could Change the Game for Global Payments
How US Stablecoin Regulation Could Change the Game for Global Payments
February 07, 2025  |  Blockchain

Businesses hate slow and expensive international payments. But traditionally, firms haven’t had much choice but to accept the status quo of correspondent banks and their...

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Reserve Bank of India Not Targeting Specific Exchange Rate Amid Rupee’s Decline
Reserve Bank of India Not Targeting Specific Exchange Rate Amid Rupee’s Decline
February 07, 2025  |  Markets

After a 3% decline in the rupee since mid-December, the new chief of India’s central bank reportedly said Friday (Feb. 7) that the bank is...

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Job Growth Slows but Remains Healthy
Job Growth Slows but Remains Healthy
February 07, 2025  |  Economy

Job growth slowed in January while remaining “solid” and “healthy,” analysts said Friday (Feb. 7). Get the Full Story Complete the form to unlock this...

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