Key watchdogs signal they will step up AI regulation
Banking regulators on both sides of the Atlantic were increasingly asking questions of institutions’ use of AI models.
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US house sales drop to 12 year lows as borrowing costs spike
Increasing energy prices and higher-for-longer inflation expectations have sent mortgage rates to recent records.
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Tech stocks slide as investors fret AI overspending
South Korea’s market — heavily exposed to chip giants Samsung and SK Hynix — sold off sharply, leading a decline in Asian tech shares.
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AI spending to drive global growth higher, IMF forecasts
The marginal upgrade in the IMF’s outlook nevertheless represents a slowing in the pace of overall expansion.
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Xi’s ‘death watch’ will become a global spectacle
The Australian sinologist Geremie R. Barmé wrote that “autocrats and patriarchs share a fateful dilemma”: Once in power “the countdown to their demise is on.”
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More Americans view Democrats favorably as midterms inch nearer
More than half of Americans say Democrats would do a better job keeping the US prosperous, while only 37% believe Republicans would, according to Gallup polling.
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Trump AI directive sparks questions
An Anthropic incident in which a testing model submitted visa applications, according to a State Department spokesman, spurred the task force’s first “action.”
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Trump weighs Guilfoyle’s future
Kimberly Guilfoyle’s future as US ambassador to Greece is in question following critical reporting.
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Why would anyone want this job?
On May 13, 2022, then-White House Middle East envoy Brett McGurk asked his boss how he liked his job. Joe Biden, he’d noticed, had been a chatty, expressive vice president, but had grown quieter in a way that wasn’t just about his age.
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Swing-district Democrats keep focus on high prices
Controversies arpimd the Trump administration’s immigration enforcement and foreign lobbying aren’t steering Democrats away from talk of affordability.
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More anti-Trump billboards hit the heartland
Home of the Brave is nearly doubling its billboard campaign in Michigan, Ohio, and Iowa.
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New report shows US chip industry's reliance on China
More than 5% of equipment and materials supplied to US chipmakers originate in China, which also possesses some 90% of the rare earths required to manufacture semiconductors.
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Meta has reached AI ‘frontier,’ Zuckerberg says
Mark Zuckerberg said Meta had reached the “frontier” of AI capabilities with the release of its latest Muse model.
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Trump faces Russia diesel deal blowback
The US president defended his deal with Moscow to suspend export sanctions on Russian fuel, calling it “the right choice.”
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Saudi minister says kingdom is fearless after deadly Houthi strikes
Back-to-back Houthi strikes on Riyadh’s airport have threatened the kingdom’s economic ambitions.
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Cyberattack destroys food at hundreds of French grocery stores
A cyberattack affected at least 400 French supermarkets overnight, raising refrigerator temperatures to more than 122°F (50°C) in some cases.
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A charming and 'instructive' dispatch from Rome
This memoir from The New York Times’ former Rome bureau chief explores how Italy’s problems previewed those of the rest of the industrial world.
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OPay readies $4B New York IPO
The fintech firm has seen its lending business overtake payments as its revenue more than doubled in the first half of the year.
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