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09/07/2026
Microsoft's Xbox will allow Obsidian Entertainment to develop a brand new "Fallout" video game.
Latest
3 m ago
Wansi: The Department of Labor has issued dozens of H-1B visa subpoenas.
5 m ago
Putin accused Ukraine of attempting to disrupt the Russian economy and causing panic.
7 m ago
xAI: Grok 4.5 is currently not yet online in the European Union and has not been integrated into any xAI products under SpaceX. It is also not open to the API control console. It is expected to launch available services in the European Union in mid-July.
10 m ago
The Fed whispers: The core of the Federal Reserve's differences lies in the inflation outlook, not the policy direction.
10 m ago
"Wall Street Journal" reporter Nick Timiraos said that the minutes of the June Federal Reserve meeting showed that the main disagreements among officials came from different assessments of future economic trends rather than fundamental conflicts in the strategy of raising or lowering interest rates. Two possible scenarios have emerged within the Federal Reserve: if inflation continues to remain high, almost all officials believe that higher interest rates need to be maintained or even further policy tightening; but if inflation quickly falls back to the target level of 2%, almost all officials believe that current interest rates can be maintained or even lowered in the future. He believes that the phrase "quickly fall back to 2%" is very important as it allows the Federal Reserve to retain policy adjustment space. Currently, officials are truly concerned about whether inflation will continue to rebound or re-enter a downward trajectory. Timiraos concluded that the Federal Reserve's next move still depends on economic data, especially inflation performance. The market had previously bet on a rate cut, but the latest minutes show that there is still considerable uncertainty in the policy outlook.
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