World Oct 16 IMF-World Bank meetings focus on global risks and potential benefits of AI “We are racing, and the question is how do we put barriers? So if a car was to fly out it doesn’t kill people,” IMF Managing Director Kristalina Georgieva said.
Economy Oct 16 Fed chair Warsh says price stability is key but shies away from signals about rates Federal Reserve Chairman Kevin Warsh said Friday he won’t prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December.
World Oct 14 IMF chief urges wealthy nations to rein in debt to ease global economic pressure The U.S. and other wealthy nations need to urgently tackle mounting global debt levels that are weighing most heavily on low-income countries and straining the global financial system, the head of the International Monetary Fund said Wednesday.
World Jul 24 New U.S. tariffs linked to claims of foreign forced labor dismay and anger trading partners U.S. President Donald Trump's latest set of tariffs drew objections Friday from America's trading partners including China and Japan, with Australia's trade minister slamming them as “completely unjustified.”…
Economy Jun 03 U.S. says it plans extra tariffs of 10% or more for most trading partners after forced labor probe President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago.
Economy Mar 09 Oil prices soar to levels not seen in years as war in Iran intensifies Supply concerns have driven crude and gasoline higher prices as the war ensnares major oil-producing countries and hinders exports from the Persian Gulf.
Economy Feb 27 AI is key driver behind layoffs at fintech company Block, CEO says Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.
World Jan 15 Grok blocked from undressing images with AI in places where it's illegal, X says Elon Musk’s AI chatbot Grok won’t be able to edit photos to portray real people in revealing clothing in places where that is illegal, according to a statement posted on X.
World Oct 30 6 takeaways from Trump's meeting with Chinese leader Xi President Donald Trump met with China's Xi Jinping on the sidelines of Pacific Rim summit gatherings in South Korea, where the two leaders agreed to dial back some of their trade measures and work together to resolve others.
Economy Aug 22 Nvidia is in talks with Trump administration about new chip for China, company's CEO says Nvidia CEO Jensen Huang said Friday that the company is discussing a potential new computer chip designed for China with the Trump administration.