US FEDERAL TRADE COMMISSION

Gold prices hit all-time high on anticipation of U.S. interest rate cut in September. Spot gold up 0.5% to $2,479.75 per ounce. $2,500 target in sight with potential for further increase. Fed officials hint at dovish approach. SPDR Gold Trust holdin...

Global markets react anxiously to the potential impact of a Trump victory, with stocks dipping and currencies fluctuating. Speculation on future rate cuts and trade tensions add to the volatile atmosphere. Gold prices surge near record highs while o...

Vance, a Republican U.S. senator from Ohio, joined the presidential ticket on Monday at the Republican National Convention in Milwaukee, where Trump officially became the party's nominee.

A U.S. appeals court has upheld the FCC's approval of SpaceX's plan to deploy thousands of Starlink satellites for broadband internet. Challenges from DISH Network and astronomers were rejected. SpaceX aims to expand its satellite network for wider ...

Microsoft and Apple have decided against taking board roles at OpenAI, citing regulatory scrutiny. Microsoft's $13 billion investment and integration of OpenAI's tech in products like Windows face antitrust probes. Despite withdrawing, concerns abou...

Fourth of July celebrations are just on the brink, and people in the US are in a rather jovial mood due to all the festive plans and events around this occasion of US Independence Day 2024. However, this day being a federal holiday, will see some ma...

The U.S. trade deficit widened for a second consecutive month in May, reaching $75.1 billion as exports decreased, potentially impacting economic growth in the second quarter; the goods trade deficit also rose to $100.2 billion, the highest since Ma...

The healthy expansion in infrastructure sectors' growth in May was driven by the production of coal, natural gas, and electricity, amidst rising crude oil prices impacting the rupee and positive equity market sentiment.

Ether ETFs are on the brink of approval, with major stock exchanges gearing up for trading. The process, involving top asset managers and regulatory bodies, seems to be approaching its final stages, indicating a significant development in the ETF ma...

Rupee remains steady at 83.37 against the US dollar driven by various factors including foreign capital inflow, equity market performance, and positive economic indicators.

The 30-share BSE Sensex and NSE Nifty experienced slight declines, reflecting market movements. Moody's Ratings forecast India to maintain its position as the fastest-growing economy in the Asia-Pacific region.

U.S. antitrust enforcers are investigating Big Tech's impact on the AI sector, looking into potential competition issues. Key concerns include data access advantages, impact on workers, and partnerships with Big Tech firms.

FEC officials are divided over whether to require disclosure of AI-generated content in political ads. FCC Chair Rosenworcel supports the proposal, citing concerns about misleading deep fakes. Vice Chair Weintraub agrees, emphasizing the need for tr...

In May, China's exports surged by 7.6% year-on-year to $302.35 billion, surpassing expectations, despite ongoing trade tensions. Imports, however, grew only by 1.8%, missing forecasts of 4% growth. This led to a widened trade surplus of $82.62 billi...

The US trade deficit in April expanded slightly less than expected, reaching $74.6 billion, the widest since late 2022, as imports outpaced exports. The deficit grew from March's $68.6 billion. Despite the central bank's interest rate hikes, US cons...

Federal regulators are proceeding with antitrust investigations into Microsoft, OpenAI, and Nvidia in the AI industry. The Justice Department and FTC are leading the investigations, signaling increased scrutiny into AI technology.

The move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield as Equatorial Guinea. It adds to a wave of recent megadeals as producers seek new drilling sites on a bet tha...

Cryptocurrencies rallied, led by a surge in ether on growing anticipation of an impending approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).

Artificial intelligence built on mountains of potentially biased information has created a real risk of automating discrimination, but is there any way to re-educate the machines? The huge models on which ChatGPT is built "can't reason about what is...