Fed keeps U.S. rates steady, to start portfolio drawdown in October

WASHINGTON (Reuters) – The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite a recent bout of low inflation.

Albertsons snaps up meal kit startup Plated

 In a first for national grocery chains, Albertsons is buying the healthy meal kit delivery startup Plated for an undisclosed amount, brokered by Credit Suisse Group AG. Read More

Trump makes his debut at ceremonies for new U.S. citizens

(Reuters) – For the first eight months of Donald Trump’s presidency, new U.S. citizens did not receive the customary presidential welcome at their naturalization ceremonies.

Tesla said to be working on its own self-driving AI chip with AMD

 Tesla is reportedly developing its own processor for artificial intelligence, intended for use with its self-driving systems, in partnership with AMD. Tesla has an existing relationship with Nvidia, whose GPUs power its Autopilot system, but this new in-house chip reported by CNBC could potentially reduce its reliance on third-party AI processing hardware.
AMD would help provide Tesla with… Read More