News list for " San Francisco"

The 2027 FOMC voting committee, San Francisco Federal Reserve President Daly, and Federal Reserve Governor Coogler have been invited to participate in a monetary policy panel discussion to be announced in ten minutes.

The 2027 FOMC voting committee, San Francisco Federal Reserve President Daly, and Federal Reserve Governor Coogler have been invited to participate in a monetary policy panel discussion to be announced in ten minutes.

clock
2025-01-05 06:20:00
Fed Daly: Cryptocurrencies should not be confused with gold, far from being "money"

Mr. Daley, president of the San Francisco Fed, said cryptocurrencies should be treated as a separate asset class, not confused with gold as is often the case, and were complex and not yet ready to become "money". "I think cryptocurrency is a complicated thing, and the service we need to provide for everyone is to really decipher what it means, and once we do that, we can define it," Daly said.

clock
2024-12-31 12:01:46
National Weather Service: After the earthquake, the expected start time of the tsunami in San Francisco, California is 3:10 PM EST (4:10 AM Beijing time today).

National Weather Service: After the earthquake, the expected start time of the tsunami in San Francisco, California is 3:10 PM EST (4:10 AM Beijing time today).

clock
2024-12-06 03:41:53
Federal Reserve Voters Daley: No sense of urgency to cut interest rates

"We don't need to have a sense of urgency," Mary Daly, chairperson of the San Francisco Fed and a member of the 2024 FOMC voting committee, told PBS's "News Hour" program on Wednesday. "There is no sense of urgency, but we do need to continue to carefully adjust our policy to make sure it's consistent with our economy today and the economy we expect to have going forward." She added that policymakers will discuss the best options at the Federal Reserve's December 17-18 meeting in Washington.

clock
2024-12-05 09:39:25
San Francisco Fed report: US labor market continues to increase inflationary pressures

The tight U.S. labor market is still increasing inflationary pressures, albeit to a lesser extent than in 2022 and 2023, according to research published Monday by the San Francisco Fed. "Declining demand for labor has depressed inflation by nearly 0.75 percentage points over the past two years," wrote San Francisco Fed economists Regis Barnichon and Adam Hale Shapiro. "However, high demand is still contributing 0.3 to 0.4 percentage points to inflation through September 2024." The San Francisco ...

clock
2024-11-19 06:36:33
The Brazilian government has banned the X platform, threatening citizens with a daily fine of $8,900 if they use it

On September 1st, Michael Shellenberger, author of San Francisco magazine, wrote that yesterday the Brazilian government blocked X (formerly Twitter) and threatened to fine citizens $8,900 a day if they used the platform. Musk retweeted a solidarity tweet, saying that Twitter respects Brazilian laws, but when asked to violate them, Twitter has the right to refuse. Ironically, while Twitter may be banned for not complying with laws elsewhere, in Brazil it is banned for complying with laws....

clock
2024-09-01 16:30:51
According to Fortune, social media platform X is closing its San Francisco headquarters on September 13. X's headquarters are expected to move to Texas.

According to Fortune, social media platform X is closing its San Francisco headquarters on September 13. X's headquarters are expected to move to Texas.

clock
2024-08-30 01:37:20
Social Media X will shut down its San Francisco headquarters on September 13

The social media platform "X" will close its San Francisco headquarters on September 13. X's headquarters are expected to move to Texas.

clock
2024-08-30 01:51:33
Fetch.ai will provide $10 million in funding for AI startups

Fetch.ai, a decentralized machine learning platform, is establishing a hub in San Francisco, California, to advance artificial intelligence technology. According to Fetch.ai, the company will allocate $10 million annually to projects that use the platform to build AI agents. Funding will be based on milestones, capped at $1 million per project.

clock
2024-08-23 21:08:07
Fed Daly: Open to rate cuts at September meeting, doesn't see labor market weakness worsening

Daly, chairperson of the San Francisco Federal Reserve Bank of the 2024 FOMC voting committee, said in a speech that the Federal Reserve's mission and risks are being balanced, and it is open to cutting interest rates at its upcoming (September) meeting. Mr. Daly said: "The underlying numbers in the July jobs report provide some reason for confidence that we are slowing, but not collapsing. I don't think the weakness in the labour market will intensify now and will be watching closely to see if ...

clock
2024-08-06 05:55:04