Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation

Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation

Federal Reserve Board Chairman Jerome Powell announces interest rate decision after December FOMC meeting. The Federal Reserve on Wednesday announced its third interest rate cut of the year as policymakers moved forward with the cut to support the labor market despite elevated inflation. Fed policymakers voted to lower the benchmark federal funds rate by 25 basis…

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Google is testing AI-powered article overviews on select publications’ Google News pages

Google is testing AI-powered article overviews on select publications’ Google News pages

Google is testing AI-powered article overviews on participating publications’ Google News pages as part of a new pilot program, the search giant announced on Wednesday. News publishers participating in the pilot program include Der Spiegel, El País, Folha, Infobae, Kompas, The Guardian, The Times of India, The Washington Examiner, and The Washington Post, among others….

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