Stocks have faced volatility in recent weeks amid macroeconomic uncertainty. Recession fears are rising due to weakening labor market signals and tariffs. Meanwhile, global AI competition threatens some of the biggest tech stocks in the market. Stocks have endured a bumpy period over the last few weeks amid a chaotic start to President Donald Trump’s
A volatile trading day ended with a win for all the major gauges Friday, while a geopolitical drama played out in the White House and unease over Trump’s tariff threats permeated through a wider set of economic data. The S&P 500 (^GSPC) gained 1.6%%, while the tech-heavy Nasdaq Composite (^IXIC) was up about 1.5% after
The Biden administration has finalized guidance for federal agencies’ 2024 artificial intelligence use case inventories, teeing up a more comprehensive process than previous years and setting a mid-December deadline. That new document is dated Aug. 14, but was published publicly on AI.gov Friday, according to a website tracking tool used by FedScoop. While much of