By LiveMint-Tech
Elon Musk announced the end of production for Tesla's Model S and Model X. He added that the company's Fremont factory will shift focus to manufacturing humanoid robots, with plans for mass production of Optimus.
US rate cues, a firmer dollar and caution ahead of the Union Budget trigger risk-off mood; financials and IT stocks lead losses
Kearney is overhauling its hiring process by using AI to reduce human bias. Piloted in India, the firm is analysing past applicant data and using AI-led interviews to improve accuracy, reduce hiring errors, and identify best-fit candidates amid intense competition for consulting talent.
The US Federal Reserve kept its benchmark rate unchanged at 3.50–3.75 per cent, with Chair Jerome Powell saying the economy remains resilient and risks to inflation and employment have eased, pointing to a potentially extended pause before any further rate cuts
