Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Fed policymakers see slower rate-cut path subsequent yr

By Michael S. Derby, Ann Saphir (Reuters) -Federal Reserve policymakers, recent from an rate of interest lower this week, fleshed out on Friday the case for lowering borrowing prices extra slowly subsequent yr as they assess progress in decreasing inflation…

Italy fines OpenAI over ChatGPT privateness guidelines breach

By Elvira Pollina and Alvise Armellini MILAN (Reuters) -Italy’s information safety company mentioned on Friday it fined ChatGPT maker OpenAI 15 million euros ($15.58 million) after closing an investigation into use of private information by the generative synthetic intelligence utility.…