Microsoft Corp. said its AI assistant for Windows will start rolling out Sept. 26 and the Office AI app will be widely available Nov. 1 as the software giant continues to bake generative artificial intelligence into its products.
Russia temporarily banned exports of diesel in a bid to stabilize domestic supplies, driving European prices higher in already tight global fuel markets.
The UK’s once-booming offshore wind industry faces years of pain, including project delays and possible cancellations, due to soaring costs and higher interest rates.
Bond investors’ pain isn’t over yet, even though the Federal Reserve is done raising interest rates, said Bill Gross, the former chief investment officer of Pacific Investment Management Co.
Bank of England Governor Andrew Bailey said it was too soon to consider cutting UK interest rates after the central bank held its base rate steady for the first time in almost two years.
A week before Azerbaijan began its lightning military campaign to force the surrender of Armenians in Nagorno-Karabakh and take full control of the contested region, Vladimir Putin signaled Russia wouldn’t stand in the way.
A wider strike by the United Auto Workers would have an impact beyond the three Detroit carmakers, with struggling steelmakers a particularly vulnerable target.
Sales of previously owned US homes declined in August to the lowest since the start of the year, restrained by limited inventory and historically high mortgage rates.
Hungary’s finance minister may propose raising taxes on banks after a year-long recession and the fastest inflation in the European Union blew the country’s budget off course. Shares in OTP Bank Nyrt., the country’s largest lender, plunged.
US Treasury Secretary Janet Yellen voiced support for a European Union plan to impose a windfall tax on profits generated by frozen Russian sovereign assets, calling it a “sensible” way to help finance the reconstruction of Ukraine.
