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Banks tighten credit standards as loan demand declines
A Federal Reserve survey of bank loan officers showed credit conditions for American businesses and households managed to tighten in the first months of the year. However,...
Stumbling Chinese sales affect Japanese automakers
A quick switch to electric vehicles (EVs) has fully upended the present largest auto market and resulted in a decline in purchases of gasoline-powered automobiles, data...
US chip export regulations hardly slow down China’s AI industry
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Fed may raise rates and signal a break in the tightening cycle
The Federal Reserve is anticipated to increase interest rates on Wednesday and possibly indicate a break in its 14-month pulling cycle as policymakers weigh the...
Why EU legislators are fighting to limit ChatGPT, generative AI
Generative AI was not a major component of the plans for regulating ChatGPT and other artificial intelligence technologies by EU legislators until just a...