Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Friday that the Fed has seen broad success in achieving its goals, and that inflation should continue to head…
Fed Chair Powell signaled at Jackson Hole that an interest rate cut is imminent. Most of the market expects a 25bps cut, but a third still says Powell will begin…
Emergent abilities in large language models (LLMs) refer to capabilities present in larger models but absent in smaller ones, a foundational concept that has guided prior research. While studies have…
The technological landscape has been evolving at an unprecedented rate, and with the recent release of SmolLM WebGPU by Hugging Face, the world of AI has taken a significant leap…
Oil pops to $74.00 with expectations of OPEC acting, taking place. Morgan Stanley cuts its Brent Oil price forecast by $5 to $80 per barrel for the end of 2024. …
EUR/USD is consolidating, trading essentially flat on the day as markets await the Powell comments, Scotiabank’s Chief FX Strategist Shaun Osborne notes. The market consolidates this week’s gains through 1.11…