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Business & Tech

What is DeepSeek, the Chinese AI company upending the stock market?

A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.S. and China in developing AI technology. DeepSeek's AI assistant became the No. 1 ...

Federal Reserve expected to stand pat on rates even as Trump demands cuts

WASHINGTON (AP) — The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Fed officials, led by Chair Jerome Powell, have cut their rate for three ...

Stock market today: Wall Street edges back from its record

NEW YORK (AP) — U.S. stocks edged back from their all-time high as they closed out a second straight winning week. The S&P 500 fell 0.3% on Friday, a day after setting a record. The Dow Jones Industrial Average dropped 0.3%, and the Nasdaq composite fell 0.5%. Worries about profitability ...