Wall Street saw another day of losses in the market amid continued concerns over the banking sector and as investors digest the latest inflation data. Francis Oh, Asia-Pacific CEO of Qraft Technologies, joined Cheddar News to break down what can be expected with the Federal Reserve's move on interest rates and what to look out for with A.I. stocks, which are seeing big gains.
Share:
More In Business
Passports of Privilege: Inside the World of Citizenship by Investment
Chris Willis, Managing Partner at Latitude Group, on how high-net-worth families are unlocking global access through strategic citizenship planning.
Credit Scores Made Simple: Kikoff’s Cynthia Chen on a Smarter Path
Cynthia Chen, CEO of Kikoff, shares how their membership app helps users build credit with zero fees, no interest, and smart tools that make every point count.
Big Business This Week: All about the shutdown economy
We spoke to an economist about the impact of the shutdown on the U.S. economy
Sex is a big market for the AI industry. ChatGPT won’t be the first to try to profit from it
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
CNN Streams Its Way Back: $7 for Full Access
CNN is launching a new “All Access” streaming subscription in the U.S. on October 28th, priced at $6.99 a month, or just $69.99 if you sign up for a full year.
Tariffs Turn Ikea’s “Low Price” Promise Upside Down
IKEA is being forced to raise prices on some furniture in the U.S. as Trump‑era tariffs raise import costs.
Driverless Delivery Hits the Streets of Phoenix
Waymo and DoorDash are teaming up to pilot autonomous delivery in Phoenix, using Waymo’s self‑driving Jaguars to drop off DoorDash orders.
Trump and Putin to Meet in Hungary to Discuss Ukraine War
President Trump announced that he and Russian President Vladimir Putin agreed to meet in Budapest to discuss ending the war in Ukraine.
Why there’s more to the movie business than making a profit
There is so much more to the movie industry than focusing on box office returns for an individual film. So why do we do it?
