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date
27/08/2025
In early trading on Tuesday, US stocks rose with International Business Machines Corporation up 0.6% and AMD up 2.2%, after the two companies announced a collaboration to develop a supercomputer architecture based on quantum computing.
Latest
1 m ago
Alibaba upgrades video generation artificial intelligence model to catch up with global competitors
6 m ago
On Tuesday, the size of the overnight reverse repurchase agreement conducted by the Federal Reserve was $285.74 billion, down from $475.67 billion the previous trading day.
7 m ago
Bank of England policy committee member Mann advocates keeping interest rates unchanged in the context of price stickiness.
7 m ago
Bank of England monetary policy committee member Catherine Mann has stated that the borrowing costs should be kept at their current level for a longer period of time to prevent persistent high inflation in the UK. In a speech delivered in Mexico on Tuesday, Mann said that given her underlying assumption that high price pressures will last longer, "it is appropriate to sustain the benchmark interest rate for longer." Mann is one of the most hawkish voices within the Bank of England and was one of the four rate setters earlier this month who opposed lowering the benchmark interest rate by 25 basis points.
7 m ago
Former Federal Reserve Vice Chairman: Next year, multiple regional Fed presidents may be removed due to political manipulation by Trump administration.
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