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Leaders from BRICS met in Rio de Janeiro on Sunday and demanded controls on how artificial intelligence uses data, while ...
As AI accelerates job displacement, Craig Shapiro warns that Federal Reserve's tools will be ill-equipped during looming ...
Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the ...
Ford chief predicts AI will replace “literally half of all white-collar workers.” ...
Your computer may soon take out a loan, approved by a bank’s computer. Millions of such transactions can determine the money ...
Markets stay quiet during Iran escalation; interest rates hold steady, but spending drops; why companies are investing in ...
AI can help bring down prices, even with full employment, because it leads to higher productivity—more output per hour worked. Labor-productivity gains have been fairly modest since the high ...
The Federal Reserve System’s generative AI incubator is rooted in several guiding principles. Top on that list is “we’ve got to put hands on keys,” Tuteja said, meaning practitioners must actually ...
As research institutions find themselves uncertain about the future of federal funding, startups may soon find those key ...
The Fed faces plenty of pressing issues, not least of which is the threat to its own independence posed by Mr. Trump, who says he knows more about interest rates than the Fed.. But it’s fair to ...
In their own projections for the months ahead, Fed committee members estimated that the benchmark federal funds rate, now at 5.25 to 5.5 percent, will fall later in the year, perhaps by a total of ...
AI automation is expected to threaten 300 million jobs globally by 2030. Learn which roles are most at risk and discover five ...