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Data centre developments have become a politically charged issue in several US states as officials seek to appear responsive to public concerns about the projects, which are often viewed by nearby communities as noisy, power-intensive, and disruptive. In Utah, a large proposed data centre …
Federal Reserve Chair Kevin Warsh has repeatedly described his tenure, which began in May, as marking a "new chapter" for the central bank. Yet the first months of hisLeadershiphave been notable more for continuity with his predecessor's challenges than for a clear break from …
As artificial intelligence systems become a larger part of daily life, questions about whether they could develop genuine consciousness, and how society should respond regardless of the answer, are drawing increasing attention. In a May encyclical, Pope Leo drew a distinction between humanity and …
Early corporate enthusiasm for artificial intelligence often centered on maximizing usage regardless of cost, with organizations introducing internal leaderboards and tracking metrics such as employee token consumption. As usage rose, however, attention increasingly turned to whether that usage was translating into meaningful returns, a …
US gross national debt surpassed $40 trillion this week, a milestone that has drawn significant attention given the pace at which debt has accumulated in recent years. Gross national debt has increased by roughly $17 trillion since 2019, an amount comparable to the total …
Public sentiment toward large technology companies and artificial intelligence has shifted noticeably, even as the sector continues to drive much of the recent US stock market's gains. A Pew Research Centre poll found that 40% of US adults believe AI will have a negative …
The Vanguard First Index Investment Trust, the first fund available to individual investors that aimed only to track a stock market index, launched 50 years ago this month with far lessCapitalthan its founder had hoped for. Vanguard's founder had targeted between $50 million and …
Major stock indices are increasingly reflecting the fortunes of a small group of corporate giants rather than the broader universe of domestic equities, and those giants are largely rising and falling with sentiment toward artificial intelligence investment. In the S&P 500, Nvidia (NASDAQ:NVDA) represents …
Oral arguments began on August 18 in a federal courtroom in Oakland, California, in a trial brought by a coalition of 29 US states, led by California, Colorado, Kentucky and New Jersey, alleging that Meta Platforms designed features on Facebook and Instagram that harmed …
The U.S. government is set to confront its monumental debt of $40 trillion, a decision that sends ripples of concern through financial markets. This predicament highlights the growing unease among investors, as they brace for the possible implications of policy reforms. Analysts anticipate that …
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