China's Xi urges U.S. to cooperate on AI
CNBC FinanceU.S. President Donald Trump hosted Chinese President Xi Jinping on Thursday at the White House.
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Here's who is attending the Trump-Xi state dinner
CNBC FinanceU.S. President Donald Trump hosted a dinner Thursday for Chinese President Xi Jinping.
Read article →Philadelphia Fed's Anna Paulson says 'modest' rate moves likely ahead to tame inflation
CNBC FinanceThe policymaker said she and her colleagues may need to raise interest rates further to bring inflation back to target.
Read article →China confirms first AI talks with U.S. have taken place, hints at trade truce extension
CNBC FinanceChinese confirmation of the AI discussions came just hours before President Xi Jinping was scheduled to begin talks with U.S. President Donald Trump.
Read article →U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
CNBC FinanceThe deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.
Read article →‘It's awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
CNBC FinanceTariffs, fuel prices and interest rates are squeezing American companies, particularly manufacturers, auto suppliers, retailers and transportation businesses.
Read article →Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
CNBC FinanceThe chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next
Read article →A Chinese AI company just connected its model to Wall Street's leading data providers
CNBC FinanceThe startup Moonshot said it signed on financial industry giants from investment bank CICC to venture capital firms
Read article →Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
CNBC FinanceThe muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
Read article →Inflation is outpacing wage growth again, squeezing Americans’ paychecks
CNBC FinanceIn August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.
Read article →OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services
CNBC FinanceOpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling and pitchbook tasks traditionally handled by junior bankers.
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