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Stocks regain ground
Wall Street ended Wednesday's session higher, snapping a two-day losing streak. The Dow finished about 0.2% higher. The $S&P 500 Index(.SPX.US$ and Nasdaq Composite added around 0.5% and 0.6%, respectively, as investors looked ahead to Fed Chair Jerome Powell's second day of testimony on Capitol Hill.
Powell reiterates stance
Powell repeated that the central bank isn't ready to start lowering interest rates, in prepared remarks for his first day of testimony on Capitol Hill. His remarks broke no new ground on monetary policy, but highlighted officials were still concerned about not losing the progress made against inflation.
Microsoft's disturbing AI content
Shane Jones, who's worked at $Microsoft(MSFT.US$ for six years, has been testing the tech giant's AI image generator and warned about the sexual and violent content the tool was creating. He said the company isn't taking appropriate action.
Wall Street ended Wednesday's session higher, snapping a two-day losing streak. The Dow finished about 0.2% higher. The $S&P 500 Index(.SPX.US$ and Nasdaq Composite added around 0.5% and 0.6%, respectively, as investors looked ahead to Fed Chair Jerome Powell's second day of testimony on Capitol Hill.
Powell reiterates stance
Powell repeated that the central bank isn't ready to start lowering interest rates, in prepared remarks for his first day of testimony on Capitol Hill. His remarks broke no new ground on monetary policy, but highlighted officials were still concerned about not losing the progress made against inflation.
Microsoft's disturbing AI content
Shane Jones, who's worked at $Microsoft(MSFT.US$ for six years, has been testing the tech giant's AI image generator and warned about the sexual and violent content the tool was creating. He said the company isn't taking appropriate action.
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