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In a major legal victory for OpenAI, a federal jury and judge have dismissed all of Elon Musk's claims against the artificial intelligence company and its leadership, removing a significant hurdle as the firm eyes a potential public offering.
When Jerome Powell declared that "equity prices are fairly highly valued," he broke decades of Fed communication norms and set the stage for a lasting shift in how Wall Street views market risk. Here’s what that means for investors now and in the years ahead.
A high-stakes transition at the Federal Reserve has intensified as Donald Trump's central bank nominees voice opposition to the terms of keeping Jerome 'Jay' Powell as temporary chair. The friction comes as Kevin Warsh prepares to take the helm of the central bank.