Despite most firms lacking an artificial intelligence (AI) strategy, more than half (56%) of U.S. employees stated they utilize generative AI (GenAI)

The cloud industry is expected to grow at a compound annual growth rate of 14% through 2030, reaching $434 billion in 2022. The sector has exploded in recent years, fueled by hundreds of organizations adopting hybrid work methods in the midst of the COVID-19 epidemic. Meanwhile, improvements in artificial intelligence (AI) during the previous year gave the sector a boost.

According to a study that was released on Friday, the level of optimism among consumers in the United States saw a moderate decline in the month of August.

This week, the stock market surge came under strain, with the Nasdaq leading a sell-off as Treasury rates soared to 2023.

In the landscape of global finance, major central banks like the U.S. Federal Reserve and the European Central Bank (ECB) have historically played influential roles. Their decisions on interest rate hikes can profoundly impact the global economic climate.

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