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Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that Consumer Confidence is falling with people more downbeat about future business conditions, jobs and...

As the world continues to experience digital transformation, one of the technologies driving the rapid evolution in the financial sector is artificial intelligence (AI). One may not realize it, but AI is already present in various aspects of our lives.  The rise in financial technologies has grown in recent years, with the global AI market […]

Developing smart shopping carts that is packed with intelligence, to bring the shopping conveniences offline. watch this. >> today, grocery stores are facing competition from the biggest names in online retail. that's why a company called caper is making a shopping aisle staple smart. >> we thought we would take a conventional tool that everybody knows how to use, and pack it full of technology and sensors. right now, you could basically throw in waited goods and the court will weigh it for you. it will help you check out. we have these bagging hooks inside of the cart to allow customers to ba...

Smartphone app payment only. >> we get very little resistance towards it. most people are encouraging of it. >> michael kaplan coowns two forks restaurant in new york city specializing in all natural, slow-cooked ingredients. as for the experience, customers expect it fast. one of the main reasons two forks is cashless. >> for us it's really a matter of speed, efficiency, and safety for our team and guest. the only the ticks that we've done show that we can get more people through the line in a quicker period of time by avoiding the need to take cash and only using credit card. >> reporter: fr...

Tariff is 40%, he didn't specify when the change will happen or what the new tariff level would be but, of course, as you said this comes as major development following the meeting between chinese president xi jinping and president trump saturday night at g20 summit where they agreed to hold off on tariffs on each other, countries, we haven't though yet heard from chinese government on the cutback of auto tariffs so we will wait for that but we are looking at a strong market rally this morning following the meeting, dow futures up by more than 500 points, nasdaq futures up by 170, s&p 500 futu...