Aug 28 (Reuters) - Nike (NKE.N), opens new tab said on Thursday it is planning to cut less than 1% of its corporate workforce as part of the sportswear maker's plans to turn around its business under ...

Two of the last few remaining Wall Street holdouts on the Fed easing next month have finally conceded defeat and now expect the central bank to reduce interest rates at its next meeting. The previous ...

LAKE WORTH BEACH, Fla. (CBS12) — Burglars cut through a concrete wall to steal over $6,000 from a Lake Worth Beach liquor store. The Palm Beach County Sheriff's Office (PBSO) said it is investigating ...

DeepSeek said its V3.1 model upgrade features faster processing and a new UE8M0 FP8 precision format optimized for "soon-to-be-released next-generation domestic chips," reported Reuters. The company ...

Wall Street shares rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest rates, which also sent the dollar dropping against the euro and other major ...

NEW YORK (NewsNation) — Federal Reserve chair Jerome Powell and other central bank leaders are gathering this week in Wyoming for the annual Jackson Hole Economic Symposium, a pivotal event for global ...

State Superintendent of Public Instruction Tony Thurmond announced Tuesday that California is committed to reducing chronic absenteeism by 50% over five years, releasing new statewide guidance to ...

Markets had been nearly certain the Fed would cut rates in September, but fresh producer price data are weakening those odds ahead of Chair Jerome Powell’s Jackson Hole speech. While investors still ...

Wall Street experienced significant declines Thursday morning (Aug 14th) following the release of Producer Price Index data showing wholesale inflation jumped 0.9% in July. The unexpected surge in ...

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the U.S. government a ...

Jefferies downgraded Open Text's (NASDAQ:OTEX) rating to Hold from Buy noting that the company is entering a new transition phase. The firm also decreased the price target to $33 from $35. On Monday, ...

In brief: A new Silicon Valley startup is trying to change how companies use GPUs for artificial intelligence and graphics. Oxmiq Labs, founded by well-known GPU engineer Raja Koduri, wants to make it ...