July Rate-Hike Off The Table After Producer Price Inflation Drops Most Since COVID

IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of...

This is a rapidly changing story. For the most up-to-date information, readers may wish to consult al-Jazeera’s Liveblog Reports Friday afternoon from senior US officials claim that a ceasefire between Israel and Hezbollah has been agreed upon. The deal was brokered with the help of Qatar, and was scheduled to begin at 4 p.m. local […]