Category: Semafor

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The Fed ‘has been a little too quiet’ on Treasury, former Fed official saysThe Fed ‘has been a little too quiet’ on Treasury, former Fed official says

The News JACKSON HOLE, Wyo. — The Federal Reserve has so far “been a little too quiet” about the Treasury Department’s campaign to bring down yields by buying back more long-term debt, former Kansas City Fed President Tom Hoenig told Semafor. “What they’re trying to do is not identify with ...

Republicans’ economic optimism is ‘starting to fade,’ economist saysRepublicans’ economic optimism is ‘starting to fade,’ economist says

The News Consumer sentiment among Republicans and independents is “starting to fade” ahead of the midterm elections, The Conference Board Chief Economist Dana Peterson told Semafor. The Conference Board said last week that its overall consumer confidence index had dropped to its lowest level since January. Economists had predicted it ...

Google and Microsoft were in talks for Nscale compute deal that went to AnthropicGoogle and Microsoft were in talks for Nscale compute deal that went to Anthropic

The Scoop Google and Microsoft were both in talks with Nscale to rent AI computing capacity from the company’s massive data center project in West Virginia — a lease that ultimately went to Anthropic, a person familiar with the matter told Semafor. The AI startup will pay $45 billion to ...

Software and data firms rush to meet customers inside the chatbotSoftware and data firms rush to meet customers inside the chatbot

The Scene If you can’t beat ’em, hook up your data to a chatbot. Salesforce this week announced “Claudeforce,” a partnership with Anthropic that lets salespeople look up customer records and check on deals by typing requests to Claude, instead of clicking through a Salesforce dashboard. The massive software solutions ...