Chicago Fed President Goolsbee thinks central bank should wait a few months before cutting interest rates

Chicago Fed President Goolsbee thinks central bank should wait a few months before cutting interest rates

What does a donut tell us about the state of the economy? Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield, Illinois. Even inside a donut shop, the effects of tariffs on the economy can be seen. “It’s sort of surprising, because donuts seem like a very…

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OpenAI’s GPT-5 is gaining where it matters most: Enterprise

OpenAI’s GPT-5 is gaining where it matters most: Enterprise

Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT. Now, three years later, he’s chasing where the real money is: Enterprise. Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers. But GPT-5 isn’t…

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AMAT UNH INTC and more

AMAT UNH INTC and more

Check out the companies making headlines in after-hours trading. Applied Materials — The semiconductor equipment manufacturer tumbled 11% after the current-quarter outlook missed expectations of analysts polled by LSEG. Fiscal third-quarter earnings and revenue topped estimates. UnitedHealth — The insurer jumped nearly 8% after Warren Buffett’s Berkshire Hathaway revealed a new stake , according to…

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USA Network is bringing back scripted TV. First up? John Grisham’s ‘The Rainmaker’

USA Network is bringing back scripted TV. First up? John Grisham’s ‘The Rainmaker’

Since 2021, the USA Network had stacked its lineup with reality shows and sports, entirely forgoing original, scripted programming. Fans of “Suits”, “White Collar” and “Monk” were left with only memories of those shows’ case-of-the-week storytelling. But on Friday, the network returns to scripted TV with the legal thriller “The Rainmaker.” If the title sounds…

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