According to Odaily, Federal Reserve official Barkin has expressed optimism about the current economic conditions, suggesting that the Federal Reserve is in a position to reduce borrowing costs. Barkin noted that strong yet more discerning consumers, coupled with a more productive and valuable workforce, have contributed to a favorable economic landscape. In a speech prepared for the Baltimore Joint Summit on Tuesday, he emphasized that the Federal Reserve has the capability to respond appropriately regardless of how the economy evolves. He mentioned that interest rates have moved away from their peak but remain above historical lows.
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According to PANews, Hong Kong's Financial Secretary, Paul Chan, announced today that the Hong Kong Special Administrative Region (HKSAR) government will hold a signing ceremony tomorrow with the third batch of key enterprise partners. This event will see participation from 17 major companies originating from mainland China, the United States, and Europe. These enterprises are involved in sectors such as artificial intelligence and big data, life and health sciences, financial technology, advanced manufacturing, and new energy technologies. Notably, 90% of these companies plan to establish their international or regional headquarters in Hong Kong.
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OpenAI is not alone in seeking partnerships with news organizations. On October 25, Meta, the parent company of Facebook and Instagram, announced its first news deal with Reuters. This partnership allows Meta's AI chatbot to link directly to Reuters news articles when responding to related queries.
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