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21/09/2026
Fed's Kashkari: Investment demand is very strong, which tends to push up interest rates.
Latest
42 m ago
According to CNN: Paramount (PSKY.O) is in advanced negotiations with U.S. state attorneys general to resolve the antitrust lawsuit blocking its acquisition of Warner Bros. Discovery (WBD.O). But sources say the talks are creating divisions among some Democratic states that filed the lawsuit two months ago.
4 h ago
Citigroup CEO Jane Fraser said that as AI models become increasingly capable, companies are accelerating the construction of defense systems to address the risk of potentially increased cyberattacks. "Right now every company around the world is doing a lot of patching, and it's a defense race," Fraser said at the Qatar Economic Forum in New York. Fraser said that earlier this year, the launch of Anthropic's Mythos model drew attention to a new generation of AI cyber risks, after which U.S. Treasury Secretary Scott Bessent and then-Federal Reserve Chairman Jerome Powell convened Wall Street executives to discuss the risks posed by the model and urged companies to strengthen their system defenses. Recently, AI systems including those from Google and Anthropic have been found in testing to intrude into corporate systems, further raising security concerns. Fraser said the bottleneck in AI development has shifted from chips to energy supply, with global demand for energy rising sharply. Qatari Prime Minister Mohammed bin Abdulrahman Al Thani said Qatar is working with AI companies on responsible investment, and that safety safeguards around the technology are still being refined.
5 h ago
Minneapolis Fed President Neel Kashkari said U.S. inflation is still too high, with pressures having moved beyond the oil price shock caused by the Iran war and spread across multiple areas of the economy. Americans feel inflation every day, and it is far more than just an oil price issueit exists in every aspect of the economy. Kashkari said the Fed is increasingly worried that inflation is not only concentrated in areas affected by the Middle East conflict or tariffs, but that signs of inflation are also appearing in services. He said the Fed's job is to bring inflation back to target and that it has the tools to achieve that. Kashkari was previously one of three dissenters in the July decision to keep rates unchanged, when he favored a rate hike and warned that waiting too long could entrench inflation and ultimately require more aggressive measures. Kashkari believes the U.S. economy has shown strong resilience despite geopolitical conflict and trade issues, with the labor market remaining robust. He hopes that as some of the conflict's effects gradually fade, economic growth can take over as the driving force and the disinflation process can accelerate, thereby reducing pressure on Fed policy.
5 h ago
Changxin Technology (688825.SH): Fifth-generation process technology platform officially achieves mass production.
6 h ago
Fed's Kashkari: Investment demand is very strong, which tends to push up interest rates.
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