President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' ...

Aggregate supply is a response to increasing prices that ... in an economic model that is less responsive to demand changes. Price increases may result in reduced demand and cause too much supply.

If oil prices fall, production and transportation costs fall, so more can be produced at a given price. Demand increases or decreases in response to these supply fluctuations. Generally ...

China AI startup DeepSeek just released its R-1 model that compares favorably with OpenAI's o1 reasoning model. DeepSeek claims to have trained R1 at a fraction of the cost of o1 and Meta's Llama 3.1.