World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 18
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China’s Xi calls for more global efforts to guide AI, chides US for its curbs on tech sharing
Development and governance of artificial intelligence should be a global effort, Chinese President Xi Jinping said Friday, while reiterating China’s objections to what he called the “overstretching” of national security concerns.
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Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth. But the money dried up after the Supreme Court struck down the biggest and boldest of Trump’s tariffs in February.
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SpaceX stock erases all its gains and slides below IPO price
SpaceX stock dropped below its initial public offering price for the first time on Wednesday, signaling dwindling hype around the Elon Musk company.
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Slumping AI stocks drag down markets around the world
Drops for computer chipmakers and other winners of the artificial-intelligence boom dragged down stock markets worldwide on Thursday.
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War risk for businesses will mean higher prices no matter what happens
For chief executives and business owners around the world, the Iran war is hammering home an essential reality that they are operating in a world that is riskier and more unpredictable.
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US stocks rise within 0.5% of their record, even as oil prices keep climbing
U.S. stocks ticked higher Wednesday following strong profit reports from BlackRock and other big companies. The tentative gains came as oil prices swung to their highest levels in a month because of the war with Iran.
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Warsh says Fed has ‘no tolerance’ for high inflation but provides no hints on next move
Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation “a thing of the past," yet he provided no signal about the central bank's next steps.
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Inflation cools more than expected in June as gas costs fall, underlying prices ease
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected.
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US stocks rise after data shows slowing inflation, even as IBM plunges
Stocks rose Tuesday after a report showed U.S. inflation was not as bad last month as economists expected. That was even though oil prices continued to climb on worries that the United States and Iran may return to all-out war.
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Nearly 200 economists and tech leaders warn of AI threats
Artificial intelligence could transform the economy faster than any previous technology, and policymakers must move equally quickly to figure out how to respond, a group of economists and researchers are warning.
