Amy Morris
👤 SpeakerAppearances Over Time
Podcast Appearances
The family is also donating a half million dollars to the National Center for Missing and Exploited Children.
The FBI is offering a reward of up to $100,000 for information in the case.
A huge deal for advanced micro devices.
Meta platforms will deploy six gigawatts worth of data center gear based on processors from AMD.
This is a blockbuster deal, marking a win for the chip makers attempts to catch up with NVIDIA.
Bloomberg's Ed Ludlow, the agreement is the latest step in a colossal spending spree by Meta.
Meta shares at this hour are little changed.
Shares of advanced micro devices are more than 9% higher.
Fed Governor Lisa Cook warned the U.S.
central bank may not be able to counter rising unemployment driven by adoption of artificial intelligence.
Cook noted that it may take 5 to 10 years for the impact of AI to appear in economy-wide productivity statistics, and the Fed is already incorporating AI into
into its own forecast.
inflationary pressure fed governor lisa cook spoke at an event in washington fed governor christopher waller spoke at a separate event and said the report overstated the potential impact on employment he says the central bank is moving toward a system-wide deployment of ai across regional banks and its dc headquarters in my lifetime i have never seen a technological revolution quite like this
Waller spoke at a conference organized by the Boston Fed.
Chicago Fed President Austin Goolsbee says the Supreme Court's decision to strike down many of President Trump's global tariffs may cause more uncertainty for businesses, but could also help cool inflation.
Goolsbee says inflation progress won't be determined by the number of months over which prices cool.
Consumer confidence ticked up in February on more upbeat prospects for the economy, incomes and job market.
The conference board's gauge rose to 91.2.
That beat expectations.
The conference board chief economist, Dana Peterson, tells Bloomberg the data was gathered before the Supreme Court struck down most of President Trump's sweeping global tariffs.