Major financial news - statements by the heads of the Fed and the ECB, stock reports, bitcoin, gas, oil
Fed Chairman Powell -If high inflation continues, then the Fed will keep the current rate high. It’s good that there is no talk of raising the Fed rate yet. Meta will shut down the Threads app in Turkey. Following the Turkish Anti-Monopoly Committee's (TCA) ban on automatic data sharing with Instagram.
The US government will give Samsung a $6.4 billion subsidy to build semiconductor factories in Texas, where the South Korean chipmaker already has a foothold.
Hybrids increase lead over electric vehicles in green car race - WSJ
Microsoft invests $1.5 billion in UAE AI company G42
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