The post China: Growth slowdown with uneven momentum – DBS appeared on BitcoinEthereumNews.com.
DBS economists Radhika Rao and Mo Ji project China’s Gross Domestic Product (GDP) growth to slow from 5.0% year-on-year in Q1 to 4.8% in Q2. They note resilient industrial production and strong export growth driven by AI-related electronics, but highlight weak retail sales, subdued household sentiment, and continued drag from declining property prices and falling fixed asset investment. AI exports offset weak consumption “Economic growth is expected to decelerate from 5.0% yoy in Q1 to 4.8% in Q2, amid uneven domestic momentum.” “Industrial production is expected to improve from 4.5% in April to 4.6% in June, amid resilient external demand.” “Exports growth should have maintained its momentum with growth of 20.4% in June, driven by regional AI-electronic demand.” “However, retail sales growth is projected to moderate to 0.5% in June 2026, partly due to a high base effect from last year’s tra
Empery Digital sold 1,400 BTC at an average price of $62,200, raising $87.1M. The company will use proceeds for debt repayment, property deals, and legal expenses. Empery Digital is shifting focus toward AI data centers and energy infrastructure. Empery Digital has sold 1,400 Bitcoin for approximately $87.1 million as the Nasdaq-listed company redirects capital toward […]
The post Empery Digital Sells 1,400 BTC to Repay Debt and Fund AI Expansion appeared first on Live Bitcoin News.
Anthropic's integration of a browser into Claude enhances developer efficiency but raises security concerns, necessitating careful evaluation.
The post Anthropic adds built-in web browser to Claude desktop app, turning its AI into a full dev environment appeared first on Crypto Briefing.
Persistent inflation due to global tensions and tech investments may deter crypto investments, as higher interest rates favor traditional assets.
The post Federal Reserve blames tariffs, Iran conflict, and AI spending for persistent inflation surge appeared first on Crypto Briefing.
PLANO, Texas, July 10, 2026 — Simplilearn, a global leader in digital upskilling, in collaboration with UC Santa Barbara Professional and Continuing Education (UCSB PaCE), has launched the Professional Certificate […]
The post Simplilearn and UC Santa Barbara Launch AI and Machine Learning Certificate Program appeared first on AIwire.
Sharma's Fed role highlights AI's dual impact on productivity and job markets, influencing future monetary policy amid tech industry shifts.
The post Xbox CEO Asha Sharma joins Federal Reserve AI task force after historic layoffs appeared first on Crypto Briefing.
Nvidia's reaffirmed roadmap and AI investments bolster market confidence, potentially stabilizing crypto markets and supporting decentralized computing.
The post Citi reiterates Nvidia buy rating at $300 target as analysts move to quash product delay rumors appeared first on Crypto Briefing.
AI once again dominated venture funding this week, claiming five of the 10 largest announced rounds, including a pair of billion-dollar financings for AI infrastructure and cybersecurity that led the pack.
The post Xbox CEO Joins Fed AI Jobs Task Force Days After Announcing 3,200 Layoffs appeared on BitcoinEthereumNews.com.
In brief The Federal Reserve named Xbox CEO Asha Sharma to a task force studying AI’s impact on jobs and productivity. Sharma joins Marc Andreessen and Stanford economist Charles I. Jones on the Productivity and Jobs group. The appointment follows Xbox’s announcement that it will cut 3,200 roles as part of a major restructuring. Days after announcing the largest restructuring in Xbox history, CEO Asha Sharma has joined a Federal Reserve task force examining how artificial intelligence and other emerging technologies could reshape jobs, productivity, and the broader economy. On Thursday, the Federal Reserve said that Sharma will serve on its Productivity and Jobs task force, which will study the economic impact of new general-purpose technologies, including AI, as part of the central bank’s approach to monetary policy. Sharma, who previously worked in Microsoft’s Cor
