House Speaker Johnson says he hopes AI guardrails are ‘voluntary’ amid Congress inaction
House Speaker Mike Johnson is scheduled for lunch Tuesday with President Trump and AI industry executives.
House Speaker Johnson says he hopes AI guardrails are ‘voluntary’ amid Congress inaction
House Speaker Mike Johnson is scheduled for lunch Tuesday with President Trump and AI industry executives.
Nvidia’s record buyback shows chipmaker’s stock is too cheap for CEO Huang to resist
Nvidia is looking to spend hundreds of billions of dollars buying its stock at a time when it’s historically cheap based on earnings expectations.
Khanna to introduce AI safety bill with ban on ‘recursive’ technology until safeguards exist
The proposal joins a chorus of other measures being put forward in Congress as the body mulls how to regulate AI.
Boeing 737 Max 10 certification delayed by software issue, FAA says
The FAA administrator said the Max 10 will be delayed until the agency can assess a software issue on the aircraft.
Supreme Court Justice Alito will not participate in big climate change case next week
Environmental groups had called for Supreme Court Justice Samuel Alito to recuse himself from the case involving ExxonMobil and Suncor Energy.
Feds can’t withhold counterterrorism funds from states to force election admin changes, judge rules
The judge said FEMA never explained how the election changes it wanted were “tied to the goal of shoring up vulnerabilities to terrorist attacks.”
IRS hires Joseph Velli to help administer Trump accounts
Velli previously served on the boards of Paychex, Cognizant and Computershare.
Which 10-year yield level will really start to hit stocks? Here’s what history suggests
The record suggests that the 10-year yield will have to approach 7% in order to meaningfully hurt stocks, according to Bank of America.
Treasury Secretary Scott Bessent hires Wall Street economist David Zervos
Zervos is joining the Treasury Department as counselor to Bessent, adding a prominent markets voice to the administration’s economic policy team.
