Analytics firm Fractal sees robust enterprise AI growth, with banking and life sciences booming at 40% and 80% respectively. Despite a dip in its TMT sector due to client-specific issues, overall revenue grew 19%. Strong client retention, averaging 112%, highlights deep partnerships and continued AI adoption, signaling a promising future.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend