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Salesforce leads software rally, rocketing 20% on track for second-best day ever

Salesforce leads software rally, rocketing 20% on track...

Salesforce reported a strong beat on second-quarter earnings and announced an expanded...

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Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive

Kansas City Fed's Schmid says inflation 'stubborn' and...

The policymaker stopped just short of calling for an interest rate hike.

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Nvidia is bolstering support for Chinese open AI models as it warns of White House crackdown

Nvidia is bolstering support for Chinese open AI models...

Nvidia is optimizing hardware for DeepSeek and Qwen while warning that potential...

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Fed's Hammack says 'now is the time to act' on raising interest rates

Fed's Hammack says 'now is the time to act' on raising...

She still thinks the Fed needs to take action against inflation that is straining...

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U.S. considers fresh round of tariffs on semiconductors, report says

U.S. considers fresh round of tariffs on semiconductors,...

As tech giants race to beat China in the AI infrastructure buildout, the U.S. is...

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Fed's Lisa Cook turns mortgage allegations back on Trump and his Cabinet

Fed's Lisa Cook turns mortgage allegations back on Trump...

The Supreme Court in late June blocked Trump from firing Cook from the Federal Reserve,...

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Treasury yields are little changed ahead of Jackson Hole

Treasury yields are little changed ahead of Jackson Hole

Treasury yields were little changed as investors geared up for a highly-anticipated...

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Nvidia agrees to buy Hugging Face for $12.9 billion, report says

Nvidia agrees to buy Hugging Face for $12.9 billion, report...

Nvidia reportedly agreed to buy open source AI platform Hugging Face for $12.9 billion...

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Treasury yields ease ahead of jobs data and Jackson Hole

Treasury yields ease ahead of jobs data and Jackson Hole

Treasury yields were slightly lower as investors gear up for an initial jobless...

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Qatari PM heads to Iran to 'de-escalate tensions' as tanker attack tests Trump’s Hormuz claim

Qatari PM heads to Iran to 'de-escalate tensions' as tanker...

The Prime Minister of U.S.-ally Qatar is in Iran for talks on Thursday as part of...