Former Fed president says he wouldn’t raise rates ‘if I were sitting in my old seat’
Former Dallas Fed President and CEO Robert Kaplan called for a "hawkish pause" on rate hikes as they "disproportionately hurt" small and mid-size businesses.
Today's best mortgage deal? 15-year terms at lowest rate since last week | May 12, 2023
Check out mortgage rates for May 12, 2023, which are trending down from yesterday.
Palm Beach Gardens’ newest luxury condos are like ‘homes in the sky’: Dan Catalfumo
Catalfumo Companies founder Dan Catalfumo talks to Fox News Digital about the development of The Ritz-Carlton Residences in Palm Beach Gardens.
FDIC wants big lenders to shoulder Silicon Valley, Signature bank busts
The FDIC announced a proposed special assessment on large banks that would recoup the $15.8 billion pulled from an insurance fund following the failures of Silicon Valley Bank and Signature Bank.
AI and machine learning may speed drug development, manufacturing: FDA
The FDA published two discussion papers this week about areas artificial intelligence and machine learning may improve drug development and manufacturing processes.
Citigroup looks to mend fences with Texas and convince the Lone Star State it's not 'woke'
Citigroup is scrambling to convince Texas state officials it isn’t the woke bank they say it is and it’s worthy of once again underwriting municipal bonds in the state.
Binance.US says no deal to Voyager Digital
The cryptocurrency exchange Binance.US has canceled a deal to purchase the bankrupt crypto exchange Voyager Digital for $1.3 billion.
GOP reps shred President Biden for 'absolutely' turning his back against US farmers
Rep. Randy Feenstra, R-Iowa, and Rep. Tracey Mann, R-Kan., criticize President Biden's green agenda and its impact on rural America as lawmakers prepare the 2023 Farm Bill.
Mortgage rates inch lower for second straight week
Mortgage rates declined again this week, marking the lowest level in five weeks, according to data from Freddie Mac. The rate on the 30-year fixed mortgage fell to 6.35%.
Transportation Secretary Pete Buttigieg says Tesla shouldn't call its driving system 'Autopilot'
US Transportation Secretary Pete Buttigieg says Tesla should not call its automated driving system Autopilot because humans control the cars.
European AI Act moves forward in EU Parliament
Lawmakers in Europe moved closer to passing new artificial intelligence rules on Thursday. The AI Act, first proposed in 2021, could have final approval by late 2023 or early next year.
This week's personal loan interest rates edge up for 3- and 5-year loans
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Today's mortgage rates fall, keeping 15-year terms as the day's lowest | May 11, 2023
Check out the mortgage rates for May 11, 2023, which are trending down from yesterday.
Miami-based tech company in hiring mode despite industry-wide layoffs
Kaseya CEO Fred Voccola shares his tech company’s success and touches on labor costs and A.I. developments on ‘The Big Money Show.’
Boston hospital to use $100 million gift for immunology, inflammation research
A biotech entrepreneur has gifted $100 million to Boston’s Brigham and Women's Hospital which will use the donation to establish a new institute to study immunology and inflammation.
Businesses not embracing artificial intelligence could fall behind, warns tech executive
Airtable CFO Ambereen Toubassy told Fox News Digital artificial intelligence could revolutionize the workplace, and companies not adopting the technology risk falling behind.
Indiana coroner says worker who died at Amazon factory suffered a blunt force injury
Caes David Gruesbeck, a 20-year-old Amazon employee, died due to a blunt force injury according to the Allen County coroner. The death is still under investigation.
New Hampshire electric utility proposes major electric transmission line from Canada to New England
A New Hampshire electric utility proposed a major electrical transmission line that will carry renewable power from Canada to New England.
Amazon reportedly has more AI features in development for Astro robot
Amazon's robot Astro reportedly has future new artificial intelligence integrations in development. The technology has been referred to as 'Burnham,' Business Insider reported.
Spotify removes AI-generated songs from platform
Spotify said it removed AI-generated songs created by Boomy from its platform as it works to "stamp out" artificial streaming and protect royalty payouts for artists.