Watch Fed Chair Jerome Powell testify live on Capitol Hill before House panel
Federal Reserve Chairman Jerome Powell appears Wednesday before the House Financial Services Committee.
Credit scores decrease for the first time in a decade as more borrowers fall behind on payments
The national average credit score slipped for the first time in a decade, driven by increases in missed borrower payments, according to FICO.
Powell reinforces position that the Fed is not ready to start cutting interest rates
Powell said policymakers remain attentive to the risks that inflation poses and don’t want to ease up too quickly.
Microsoft engineer warns company’s AI tool creates violent, sexual images, ignores copyrights
Shane Jones, who’s worked at Microsoft for six years, has found a plethora of disturbing images that are being created by the company’s Copilot Designer tool.
Private payrolls rose by 140,000 in February, less than expected, ADP reports
Private sector job growth improved during February as the U.S. labor market showed strength across a variety of sectors.
Researchers tested leading AI models for copyright infringement using popular books, and GPT-4 performed worst
Patronus AI on Wednesday released research showcasing how often leading AI models produce copyrighted content.
Weekly mortgage demand surges 11% as more homes hit the spring market
Mortgage demand surged back last week as the spring season kicked off with still higher mortgage rates.
OpenAI shares Elon Musk emails urging startup to raise $1 billion, see Tesla as a cash cow in its early years
Last week, Elon Musk sued OpenAI, CEO Sam Altman and President Greg Brockman, alleging breach of contract and unfair competition.
Elon Musk reportedly met with Donald Trump in Florida
Elon Musk and Donald Trump met on Sunday in Palm Beach, Florida, according to The New York Times.
Trump requests a new trial in E. Jean Carroll defamation case
Trump’s attorneys argued that the jury’s compensatory and punitive awards are out of proportion and should be reduced significantly.
