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US Economic Growth Slows to 1.4% Following Government Shutdown

Key Points: The U.S. economy grew at just a 1.4% rate in the fourth quarter. A record 43-day government shutdown severely dragged down the national output. Job growth stalled last year, adding the fewest workers since the 2009 recession. Wealthy households continue to spend while lower-income families struggle with high prices. U.S. economic growth hit...

Japan’s Core Inflation Slows to Two-Year Low of 2.0%

Key Points: Japan's core consumer inflation hit 2.0% in January. This marks the slowest rate of price growth in two years. A key index excluding both food and fuel also slowed down. The data complicates the Bank of Japan's decision on interest rates. Japan's core consumer inflation cooled down significantly in January, hitting the 2.0%...

Nvidia Nears $30 Billion Investment to Solidify OpenAI Partnership

Key Points: Nvidia is close to finalizing a $30 billion investment in OpenAI. This deal replaces a previous long-term $100 billion commitment. The cash infusion is part of a new funding round for the AI startup. The agreement deepens the strategic relationship between the two companies. Nvidia is reportedly preparing to finalize a massive new...