4 Economy & Business stories from the tehworldnews daily roundup, newest first. Every story is checked against multiple major outlets.
File photoAmazon narrowly missed forecasts as AI spending drained its cash flow, and Intel sank on a weak outlook, deepening investor worries about the cost of the AI boom.
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File photoThe Federal Reserve kept its key rate at 3.75%-4% in a 10-2 vote, with two policymakers preferring a quarter-point increase as inflation stays high.
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File photoThe Federal Reserve is widely expected to keep its key rate at 3.75% to 4% when it announces its decision at 11 a.m. PT, with inflation still running well above target.
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File photoThe maker of the Claude chatbot has filed to list on Nasdaq. Its filing shows fast revenue growth and a large, mostly accounting-driven loss.
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