Finance

Magnum ice cream company to use NotCo AI for new products

Magnum ice cream company to use NotCo AI for new products

By Jessica DiNapoli NEW YORK (Reuters) -Unilever’s Magnum ice cream business, set to publicly list in November, plans to use Chilean start-up NotCo’s artificial intelligence to reformu...

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Nvidia to invest $100 billion in OpenAI

Nvidia to invest $100 billion in OpenAI

https://finance.yahoo.com/news/nvidia-invest-100-billion-openai-161035712.html

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Neutral rate is falling, and Fed needs to accommodate it

Neutral rate is falling, and Fed needs to accommodate it

By Howard Schneider (Reuters) -Changes in immigration, tax and regulatory policies are set to drive down underlying interest rates in the U.S., and make current monetary policy far too restrictive...

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Virginia woman gives $150,000 Powerball win to charity

Virginia woman gives $150,000 Powerball win to charity

Amidst all the talk of billion-dollar Powerball winners this month, Carrie Edwards’ $150,000 win might not seem especially impressive. But for a number of charitable groups , there couldn&...

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Miran argues Fed rates pose risks to employment, should be roughly 2 points lower

Miran argues Fed rates pose risks to employment, should be roughly 2 points lower

New Federal Reserve governor Stephen Miran said Monday he wants central bank interest rates to be roughly 2 percentage points lower, arguing that the current level is too high and poses risks to t...

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Strive Asset Management to Acquire Semler Scientific, $567 Million in Bitcoin in All-Cash Deal

Strive Asset Management to Acquire Semler Scientific, $567 Million in Bitcoin in All-Cash Deal

Strive Asset Management is acquiring Semler Scientific at a $1.3 billion valuation, the company said on Monday, growing its Bitcoin holdings by snapping up a competitor that has come under pressur...

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