Consumer confidence rebounded in May, but there are signs this data is being driven by wealthier consumers enjoying the spoils of high rates, presenting a new challenge for the Fed.
Looking for the best savings interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a savings account.
Now, its creator, OpenAI, on Wednesday announced that it has signed a major enterprise customer that it hopes will be a signal of how a similar effect could play out in the world of work. PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users. Alongside that, the consulting firm will become OpenAI’s first partner for selling the AI company's enterprise offerings to other businesses.
Earnings estimates for the S&P 500 holding up better than normal is one of the key reasons Wall Street strategists are optimistic about the path for stocks in the second half of 2024.
Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. The new fund, called Future Leaders Fund III, will enable the Mumbai-headquartered firm to write larger checks and maintain a meaningful position in the startups it backs, said its managing partner Ritesh Chandra in an interview with TechCrunch. TechCrunch reported in early April that Avendus was putting together a plan to raise a new fund.
Prices for the 2025 Acura MDX rise from $850 to $2,000 thanks to new tech and a new audio system. The brand also reworked the trim structure at the top.