Dovish bets take hold, with soft economic readings in both the U.S. and Europe fueling speculation that central banks will cut rates in 2024.

The executive order identifies areas of concern with the use of AI, including cybersecurity, competition, labor, health, privacy, and education.

Congratulations to all these organizations on their outstanding, innovative projects!

Upward revisions to third-quarter numbers for business investment and government spending show that the U.S. economy grew even faster than originally estimated. Gross domestic product (GDP) rose at an upwardly revised 5.2 percent annualized pace in the third quarter, the fastest in nearly two years. Consumer spending advanced at a less-robust 3.6 percent rate, according to the government's second estimate of the figures issued today.