Jerome Powell’s speech at Jackson Hole boosted market confidence. Investors are now betting on a September rate cut. This has led to gains in stocks and a drop in Treasury yields. However, concerns remain about stagflation and the Fed’s independence. Donald Trump’s pressure on the Fed is also causing unease. The dollar weakened due to expectations of lower interest rates.
Anthropic gears up for Wall Street debut: Five things investors need to know
Anthropic is preparing for a potential major Wall Street debut, fueled by rapid growth in AI coding through Claude Code. However, massive cash requirements, heavy