Amy Morris

but was then put back online.

She says the department has not deleted any files.

Garcia says the department has not responded as to why those documents are missing.

Meta Platforms is committing to spending billions of dollars on AMD data center gear.

It is a blockbuster deal that marks a win for the chipmaker's attempts to catch up with NVIDIA.

Bloomberg's Ed Ludlow.

AMD shares ended regular trading close to 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.

She noted it may take 5 to 10 years for the impact of AI to appear in economy-wide productivity statistics.

The Fed is already incorporating AI into its forecast.

Fed Governor Lisa Cook spoke at an event in Washington.

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 information was gathered before the Supreme Court struck down most of President Trump's global tariffs.

The rise in confidence comes as recent data indicated the labor market is showing some signs of stabilization and inflation has been relatively tame.

A rally in tech firms led by AMD spurred a rebound in stocks.