 |  | | The Fed released its official record of the two-day meeting in which policymakers deliberated whether interest rates needed to be adjusted. Officials on the Federal Open Market Committee ultimately voted
9-3 to lower borrowing costs by a half-percentage point, bringing the federal funds rate between 3.5% and 3.75%. However, the minutes showed policymakers divided on the pace of additional rate cuts. | | | |
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| More From The Newsroom | The “godfather of AI” puts a date on
AI job losses: soon. Geoffrey Hinton says models are improving fast enough to replace more white-collar work in 2026, and he worries safety and regulation are falling behind.
| | Silver hits a record — and Musk says the rally is “not good.” With China’s export restrictions starting Jan. 1, the metal’s record $80/ounce run is threatening to raise costs for solar, EVs, and data centers.
| | Intel has officially cashed Nvidia’s $5 billion check.
The late-December closing makes Nvidia’s 4% stake official — and leaves Intel to prove that this “historic partnership” can turn filings into finished chips.
| The DOJ is using fraud law to police DEI.
The Trump administration is using a statute usually aimed at contractor scams to pursue cases tied to inclusive hiring at federally funded firms, raising the threat of steep penalties.
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