The Federal Reserve will vote on interest rates less frequently beginning next year as part of a plan by the central bank’s chairman, Kevin M. Warsh, to overhaul how it operates.
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The ex-Nvidia C.E.O. was a bridge between companies and governments. His exit will reverberate, especially in China where it could accelerate a self-reliance drive.
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The average 30-year, fixed-rate home loan fell slightly, to 7.11 percent, pushing buyers and sellers to the sidelines until conditions improve.
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Critics say Howard Lutnick, the commerce secretary, and his department have shielded Nvidia as concerns have grown over A.I. chip sales to firms like Megaspeed.
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The ouster of Jensen Huang from the chipmaker he helped found is reverberating throughout Silicon Valley, Washington and beyond.
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An Austrian designer is unveiling a version that aims to solve an age-old problem for connoisseurs: how to keep the alcohol from overpowering the aroma.
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