Fed cuts US interest rates again despite ‘flying blind’
Central bank votes to lower cost of borrowing even as US government shutdown limits data for decision
Category: Business
Nvidia hits new milestone as world’s first $5tn company
The US chip-maker has rapidly climbed from a niche graphics-chip manufacturer to an AI titan.
Watchdog proposes new rules to increase blocking of scam texts
The plans involve blocking hundreds of millions more scams from reaching potential victims and locking scammers out of networks.
Boeing hit with $5bn in penalties as new jet delayed
The beleaguered firm said it now plans to deliver 777X jets starting from 2027.
Reeves vows to ‘defy’ gloomy economic forecasts
The chancellor says investment is the answer to boosting the UK’s productivity performance.
The AI job cuts are here – or are they?
Amazon’s latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling…
Some children from low-income families to get free transfer test tuition
A new centre in Belfast will provide free, high-quality tuition and wellbeing support to pupils across the city.
OpenAI completes shift to becoming for-profit
The deal will see long term investor Microsoft retain a 27% stake in the ChatGPT-maker.
Advice roadshow aims to help cut household bills
Free energy saving gadgets as well as advice about finances are being offered by experts.
Amazon confirms 14,000 job losses in corporate division
The company says the opportunities provided by AI means it needs to be “organised more leanly.”