(Reuters) -Walmart said on Tuesday it was partnering with OpenAI to enable customers and Sam’s Club members to shop directly within ChatGPT, using the AI chatbot’s Instant Checkout feature. Shares of the company rose 5% to $107.21 at market close following the announcement. The world’s largest retailer is expanding its use of artificial intelligence as …
Walmart partners with OpenAI for ChatGPT shopping feature Read More »
By Howard Schneider PHILADELPHIA (Reuters) -The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy “may be on a somewhat firmer trajectory than expected,” Federal Reserve Chair Jerome Powell said on Tuesday, noting that policymakers will take a “meeting-by-meeting” approach to interest rate cuts as they balance job market …
Fed’s Powell says economy may be on firmer footing, but job market weak Read More »
By Tatiana Bautzer, Nupur Anand and Manya Saini NEW YORK (Reuters) -Top U.S. bankers predicted business would continue to boom as equity markets surged over the last quarter and the economy and consumer spending held up despite sweeping tariffs, but some warned asset prices may be unsustainably high. Goldman Sachs’, investment banking revenue jumped 42% in …
US banking giants buoyed by dealmaking, but warn of asset price bubbles Read More »
NEW YORK (Reuters) -The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy overall “may be on a somewhat firmer trajectory than expected,” Federal Reserve Chair Jerome Powell said on Tuesday. He noted that at policymakers will take a “meeting-by-meeting” approach to any further interest rate cuts as they …
Fed’s Powell says economy on firmer footing, QT end in view Read More »
By Jan Wolfe WASHINGTON (Reuters) -The U.S. Supreme Court declined a chance to reassess the broad legal immunity tech companies have over content hosted on their platforms, turning away on Tuesday an appeal in a lawsuit against Grindr by a male plaintiff who was raped at age 15 by adult men matched to him via …
US Supreme Court rebuffs challenge to federal protections for tech platforms Read More »
(Reuters) -OpenAI will allow mature content for ChatGPT users who verify their age on the platform starting in December, CEO Sam Altman said, after the chatbot was made restrictive for users in mental distress. “As we roll out age-gating more fully and as part of our ‘treat adult users like adults’ principle, we will allow …
OpenAI to allow mature content on ChatGPT for adult verified users starting December Read More »
By Michael S. Derby (Reuters) -Federal Reserve Chair Jerome Powell said on Tuesday the end of the central bank’s long-running effort to shrink the size of its holdings, widely known as quantitative tightening, or QT, may be coming into view. Given the central bank’s long-running goal of leaving enough liquidity in the financial system to …
Fed’s Powell says the end of balance sheet drawdown process may be nearing Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Wall Street’s most watched gauge of investor anxiety rose to a near five-month high before paring gains on Tuesday as U.S. stocks whipsawed on renewed concerns over a U.S.-China trade conflict. The Cboe Volatility Index – an options-based indicator that reflects demand for protection against drops in the …
Wall Street’s fear gauge climbs as US-China trade fears rise Read More »
By Nupur Anand, Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -The bankruptcies of U.S. auto parts supplier First Brands and car dealership Tricolor have prompted soul searching on Wall Street, with JPMorgan Chase saying it re-examined its controls after finding itself exposed, although banks broadly said that U.S. borrowers’ credit quality is robust. On …
WASHINGTON (Reuters) -A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tuesday. The report from HomeAbroad, a real estate investment technology platform, estimated that about 3,619 home closings …
US government shutdown threatens home sales in flood-prone areas, report says Read More »
