Microsoft announces 4,800 job cuts

Fed's Waller says the Fed will not keep rates down to help the U.S. government finance its deficits, pushing back on fiscal-monetary policy concerns.

FedWaller says the Federal Reserve will not keep interest rates down for the purpose of helping the U.S. government finance its deficits.

Waller: risks have flipped as labor market stabilizes and inflation takes off, reshaping the policy outlook

Waller says risks have flipped, the labor market appears stabilized, and inflation has been taking off, which changes how one thinks about policy.

Iran war drives spike in Canadian inflation expectations, pushing oil producers to expand investment and production plans amid rising energy market pressures

The war in Iran caused a spike in Canadian inflation expectations and is leading the country's oil producers to boost their investment and production plans.

Draft U.S. Treasury report warns AI boom could mirror dot-com bubble, NOTUS reports, citing deep integration of AI firms across the economy and systemic risk if conditions weaken.

A draft U.S. Treasury report warns the AI boom could resemble the dot-com bubble, according to NOTUS. The report says AI companies are deeply embedded in the economy, raising the risk that weaker conditions could cause broader disruption.