Showing 1–16 of 105 items from the last 14 days
The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.
Read original →BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.
Read original →CBO estimates the Iran war cost the Pentagon $38.1 billion through Aug. 1 and could cost another $2 billion to $3 billion each additional month.
Read original →Two opposing camps are emerging in the AI regulation debate, with Trump and Huang on one side and Amodei. Altman and Musk on the other.
Read original →The data comes as the Federal Reserve is considering interest-rate increases that could slow economic growth.
Read original →The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.
Read original →The 10-year U.S. Treasury yield reached its highest level since 2007 as market participants price in a potential Federal Reserve rate hike. Rising yields increase borrowing costs for technology companies and infrastructure projects, potentially slowing capital-intensive AI and data center expansion.
Read original →OpenAI, Google, and Anthropic are engaged in discussions on AI safety collaboration, building on a proposal by Google's Demis Hassabis from July that called for a U.S.-led standards body. Industry-wide safety alignment discussions signal growing recognition of shared responsibility for AI governance, though formalized standards remain under negotiation.
Read original →Iran-backed Houthi militants in Yemen, meanwhile, carried out renewed strikes on Saudi Arabia this week.
Read original →The Saudis closed the East-West pipeline after it sustained damage in a drone attack launched from Iraq.
Read original →Ford said the changes are meant to provide customers with more choice and help expand sales of key models, a strategy CEO Jim Farley has touted.
Read original →Bessent defended the administration's Treasury-market intervention, economic record and AI policy while lawmakers tried to pin him down on borrowing and energy.
Read original →AI pioneers and "godfathers" have weighed in on Anthropic and OpenAI researcher concerns over existential safety risks around the technology.
Read original →Elon Musk proposed peer review of leading AI lab models before public release as an alternative safety mechanism amid calls for development slowdowns. This represents a competing approach to safety governance that relies on transparency rather than development restrictions.
Read original →President Trump criticized three of his Supreme Court appointees for blocking a Postal Service mail-in ballot rule ahead of November elections. This event concerns electoral procedure and governance, not technology, AI, minerals, or investing markets.
Read original →Community banks fear customers will withdraw deposits to buy stablecoin crypto assets that could pay higher yields.
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