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INSTAGRAM’S FOUNDERS CREATE NEW APP CALLED ARTIFACT

The co-founders of Instagram have announced they will be launching a brand new app called Artifact. This distinctive app has no set release date but promises a personalized news feed. A promise we’ve heard before, but this time it will be powered by artificial intelligence. The Instagram founders, Kevin Systrom and Mike Krieger, let the world know today, Tuesday, January 31, that Artifact...

The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says

An economy that is showing clear signs of decelerating means the Federal Reserve will cut interest rates at least six times in 2024, according to a Thursday note from ING Economics. Moderating inflation, a cooling jobs market, and a deteriorating outlook for consumer spending mean the Fed may need to cut interest rates more than the market expects.  "We have ...