Technology
GM aims to develop vehicles in as little as two years with AI, software push
General Motors is targeting a roughly two-year vehicle development cycle as it expands its use of artificial intelligence, simulation and vehicle software.
AI
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Companies
Netflix has dipped its toe into theatrical. Is it ready to jump in?
Co-CEO Ted Sarandos has said the streamer needs new avenues for growth and to improve execution around its content strategy.
Markets
Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom. Here's their edge
Wall Street’s Big Three have generated $52 billion in equity trading revenue this year, capturing about 80% of the market on rising margin lending to hedge…
AI
Business
EBay to lay off 9% of workforce in its second round of job cuts this year
EBay will lay off 9% of its workforce, or about 1,000 employees, as it works to focus on its "top strategic priorities."
Markets
Mortgage rates drop for the first time in 2 months, but demand still falls further
Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market.
Economy
Housing is flashing warning signs just as the Fed weighs more interest rate hikes
Housing data deteriorated further in September, according to separate reports Tuesday.
Federal Reserve
Economy
UK inflation jumps to 3.5% — cementing rate hike expectations
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.
Inflation