The WSJ report said the proposal would require a majority vote for approval, meaning Houston's support would be needed for it to pass. Houston currently has a roughly 77% voting stake because of his Class B shares, which have 10 times the voting rights of...
Last week, Fed Chairman Jerome Powell underlined the final two steps: looking at where inflation actually is, rather than worrying about where it is forecast to be, and making clear that neither the current wild excess in the stock market nor the recent run-up in bond yields bothers him. T...
Investors can continue to enjoy low-risk, attractive yields with these top money market funds. Tony DongMay 9, 2025 7 Best Money Market Funds to Buy Elevated interest rates offer an opportunity to generate cash flow with these funds. Marc GubertiMay 8, 2025 5 Best V...
Each of the last five major downturns in global economic activity has been immediately preceded by a major spike in oil prices. Sometimes (e.g. in the 1970s and in 1990), the surge in oil prices has been due to supply restrictions, triggered by Opec or by war in the Middle East. Oth...
DeepSeek has attracted attention in global AI circles after writing in a paper last month that the training of its model DeepSeek-V3 required less than $6 million worth of computing power from Nvidia H800 chips. DeepSeek has used a common technique called model disti...