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Fed's Powell on Rate Cut: 'Risks to Inflation Are Tilted to the Upside' | WSJ News | WSJ News
WSJ News· 2025-09-17 19:34
At today's meeting, the committee decided to lower the target range for the federal funds rate by a quarter percentage point to four to four and a quarter percent and to continue reducing the size of our balance sheet. In the near term, risks to inflation are tilted to the upside and risks to employment to the downside. A challenging situation when our goals are intention like this.Our framework calls for us to balance both sides of our dual mandate. With downside risks to employment having increased, the b ...
How Google’s Moonshot Factory X Works | WSJ Leadership Institute
WSJ News· 2025-09-17 13:29
- All right. So a lot of people in the audience I'm sure are very familiar with Google's moonshot factory. For those who aren't, just give us the 30-second mission.- So the mission is to invent and launch moonshot technologies that can make the world a radically better place. But we'd absolutely work at the intersection of purpose and profit. The goal for sure is to create profitable, enduring businesses.- Okay, we don't usually have slides at our summits, but I think when you're talking about Moonshot tech ...
Utah to Seek Death Penalty for Tyler Robinson in Charlie Kirk Killing | WSJ News
WSJ News· 2025-09-16 19:15
- I am filing a notice of intent to seek the death penalty. I do not take this decision lightly, and it is a decision I have made independently as county attorney based solely on the available evidence and circumstances and nature of the crime. On the evening of September 11th, 2025, as law enforcement continued their investigation, Tyler James Robinson went to the Washington County Sheriff's Office with his parents and a family friend to turn himself in.Robinson's mother stated the following to police. On ...
Judge Throws Out Terror-Related Murder Charges Against Luigi Mangione | WSJ News
WSJ News· 2025-09-16 19:11
How you feeling. How you doing. Good.How you feeling. Sorry. ...
Duolingo CTO on Building an AI-First Culture | WSJ Leadership Institute
WSJ News· 2025-09-16 17:12
AI Strategy & Vision - Duolingo's CEO issued a memo four months prior calling for the company to become "AI first," halting contractor use for tasks AI could handle and limiting headcount increases to situations where automation is impossible [1] - The company views AI, particularly after the emergence of GD4, as a massive opportunity to provide education as effective as one-on-one human tutoring but at a much lower cost [4][6] - Duolingo aims to build new products that were previously impossible before AI, drawing an analogy to Uber's reliance on smartphone technology [11][12][13] - The company defines "AI first" as leveraging AI to teach better, rather than solely focusing on productivity gains or using AI tools for their own sake [10] AI Implementation & Adoption - Duolingo is most excited about its "video call with Lily" feature, which aims to provide conversation practice and was not feasible before AI [14][15] - To encourage internal adoption of AI tools, Duolingo measured tool adoption, dedicated "AI Fridays" for exploration, and held mandatory training sessions, resulting in 100% adoption of tools like Cursor and GitHub Copilot [17][18][19] Measuring Productivity & ROI - Duolingo acknowledges the difficulty in directly measuring software engineer productivity, using metrics like the number of experiments launched as proxies [26][27][29] - The company recognizes that coding is not always the bottleneck, so a 30% increase in coding speed due to AI does not translate to a 30% overall productivity boost [27][28] Future Development & Challenges - Duolingo expanded its course offerings by launching over 100 courses this year, thanks to AI, which would have previously taken decades or centuries [33] - The company emphasizes the importance of engagement and motivation in language learning, as learners often give up, and aims to build AI-powered features that are both effective and engaging [36][37] - Duolingo believes that the generation coming out of school is the first AI-first generation, and the company is hiring more of these people [42]
Watch Live: Fed's Jerome Powell Speaks After Interest Rate Decision | WSJ
WSJ News· 2025-09-16 15:50
Federal Reserve Chair Jerome Powell speaks to reporters after the central bank makes its decision on the federal funds rate, following a two-day monetary policy meeting. #Fed #JeromePowell #WSJ ...
Trump Says U.S. Struck Second Alleged Drug Boat From Venezuela | WSJ News
WSJ News· 2025-09-15 23:00
[Music] [Music] What can you tell us about this Venezuelan land boat that was taken out. And do you plan to provide proof that these were naroterrorists who were on their way to the US. Well, we have proof.All you have to do is look at the cargo that was like it's spattered all over the ocean. Big bags of cocaine and fentinol all over the place. Happy birthday. ...
WSJ Reporter Explains Where a U.S.-China TikTok Deal Stands | WSJ News
WSJ News· 2025-09-15 20:28
- We have a framework for a TikTok deal. - I'm in Madrid. At around 2:30, Bessent and Greer came out to meet the press.They announced a framework of a TikTok deal, which is basically the framework to change TikTok's ownership to US. Before they came out, President Trump posted on Truth Social that a deal was coming out, so the reporters were kind of given a preview of what was about to happen. - President Trump and Party Chair Xi will speak on Friday to complete the deal.- The Chinese delegation came out fi ...
JD Vance Hosts ‘The Charlie Kirk Show’ Honoring the Late Conservative Activist | WSJ News
WSJ News· 2025-09-15 17:31
Hey everybody, JD Vance here live from my office in the White House complex and filling in for somebody who cannot be filled in for, but I'm going to try to do my best. My dear friend, the great Charlie Kirk. [Music] >> Every single person in this building, we owe something to Charlie.He was a joyful warrior for our country. He loved America. He devoted himself tirelessly to making our country a better place.He was a critical part of getting Donald Trump elected as president, getting me elected as vice pres ...
U.S. and China Reach Framework Deal on TikTok, Says Treasury Secretary
WSJ News· 2025-09-15 15:53
We have a framework for a tick- tock deal. The two leaders, President Trump and party chair she will speak on Friday to complete the deal, but we do have a framework uh for a deal with Tik Tok. [Music] The framework is for it to switch to uh US controlled ownership.But again, I'm not going to get ahead of the leaders call on Friday. We have a framework. They'll have to confirm the deal.[Music] [Music] We're going to shoot in there. [Music]. ...