This is a big week for financial markets, with the Fed holding interest rates steady, $11 trillion worth of tech companies reporting earnings, a key jobs report, and a tariff deadline with China and India looming. The market pulled back as Chairman Jerome Powell indicated the Fed may not be ready to cut interest rates as expected.
But 7,392 miles from the canyons of Wall Street, an AI global governance plan was released at the World Artificial Intelligence Conference in Shanghai, which called for establishing an international open-source community through which AI models can freely be available. About 800 Chinese and international companies attended the summit.
