OpenAI battle over, investors bearish on Microsoft
@OptionsBB:
The latest Federal Reserve meeting minutes came out of the "eagle news", retailers reported mixed results. Federal Reserve officials expressed little interest in cutting interest rates anytime soon at their latest meeting, especially as inflation remains well above target, according to the latest minutes released by the central bank.Members of the Federal Open Market Committee (FOMC) remain concerned that inflation could persist or move higher and that more action may be needed. Monetary policy needs to remain "restrictive" until data show inflation moving convincingly back to the central bank's 2% target.Notably, the minutes said officials saw significant risks to the stability of the financial system and noted "high valuations in equities, housing and commercial real estate."The Chicago