Warsh wins credibility with Fed rate hike: 5 takeaways

Sep 17, 2026

Crypto shifts focus to Trump regulators after coming up short in Senate

A cryptocurrency regulation bill appears to have little momentum left in the Senate after it came up short in a floor vote Tuesday, with the industry now turning its attention to Trump administration regulators to set the rules of the road. The Clarity Act failed to secure enough support to clear a procedural hurdle Tuesday...

Sep 17, 2026

Crypto shifts focus to Trump regulators after coming up short in Senate

A cryptocurrency regulation bill appears to have little momentum left in the Senate after it came up short in a floor vote Tuesday, with the industry now turning its attention to Trump administration regulators to set the rules of the road. The Clarity Act failed to secure enough support to clear a procedural hurdle Tuesday...

Sep 17, 2026

Haaland backs data center moratorium in New Mexico

New Mexico gubernatorial candidate Deb Haaland (D) on Thursday backed a moratorium on the construction of data centers in her state, citing environmental and workforce-related concerns. In a policy framework on her website, Haaland backed “open, transparent, and meaningful” conversations within communities about the impacts of AI data centers. She also called for requiring data...

Sep 17, 2026

Haaland backs data center moratorium in New Mexico

New Mexico gubernatorial candidate Deb Haaland (D) on Thursday backed a moratorium on the construction of data centers in her state, citing environmental and workforce-related concerns. In a policy framework on her website, Haaland backed “open, transparent, and meaningful” conversations within communities about the impacts of AI data centers. She also called for requiring data...

Sep 17, 2026

Rogers calls for suspension of federal, Michigan gas taxes

Michigan Senate candidate Mike Rogers called for the suspension of state and federal gas taxes on Thursday to provide relief to working families facing high pump prices.

Sep 17, 2026

Senate Democrat blocks House-passed bill on data center electricity costs

Sen. Martin Heinrich (D-N.M.) blocked Sen. Jon Husted’s (R-Ohio) Thursday effort to unanimously pass a bill that seeks to force states to consider making tech companies cover their data centers’ electricity price impacts. The New Mexico Democrat blocked the Ohio Republican’s effort to pass the Ratepayer Protection Act through unanimous consent, arguing that the bill...

Sep 17, 2026

Almost 2 in 3 say AI development a bad thing: Survey

A poll released by Marquette University Law School on Thursday found that almost two-thirds of Americans say they think the development of AI is a bad thing. In the poll, 64 percent of respondents said AI is bad for society, and 36 percent said it's a good thing, according to a release. This marked a...

Sep 17, 2026

Warsh wins credibility with Fed rate hike: 5 takeaways

While President Trump has not publicly criticized Federal Reserve Chair Kevin Warsh for the central bank hiking interest rates on Wednesday, the move was still the opposite of what the president wanted. “I’m relying on Kevin. But he’s got … a very tough board,” Trump told reporters in North Carolina on Wednesday, adding interest rates are “too high.”...

Sep 17, 2026

OpenAI discloses 6 reports of AI models' 'unexpected or concerning' behavior

OpenAI published six new reports of artificial intelligence models showing “unexpected or concerning” behavior Wednesday as pressure grows on AI firms to be more transparent about the development process. The ChatGPT maker disclosed the reports as part of its new framework for tracking and disclosing instances of model misalignment, which occurs when an AI system...

Sep 17, 2026

Claims for unemployment benefits drop to 196,000, lowest since mid-July as layoffs remain low

WASHINGTON (AP) — The number of people applying for unemployment benefits dropped sharply last week, another sign that layoffs remain rare and most Americans enjoy job security. The Labor Department reported Thursday that jobless claims slid to 196,000, the fewest since mid-July and down from 206,000 the week before. The four-week average of claims, which...

Sep 17, 2026

Judge orders Google to change ad auction rules

A federal judge has ordered Google to change its rules for auctioning online advertising on its platforms after finding last year that the search giant had an illegal monopoly over the technology connecting publishers and advertisers. The remedies were made public late Wednesday, when U.S. District Judge Leonie Brinkema unsealed her opinion from earlier this...

Sep 17, 2026

Judge orders Google to change ad auction rules

A federal judge has ordered Google to change its rules for auctioning online advertising on its platforms after finding last year that the search giant had an illegal monopoly over the technology connecting publishers and advertisers. The remedies were made public late Wednesday, when U.S. District Judge Leonie Brinkema unsealed her opinion from earlier this...

Sep 17, 2026

Trump administration allows truck drivers hauling gas, diesel to work longer hours

Transportation Secretary Sean Duffy announced Wednesday the Trump administration will temporarily increase how long gas and diesel truck drivers can drive, as fuel costs remain elevated amid the Iran war. Under the 90-day waiver from the Federal Motor Carrier Safety Administration (FMCSA), truck drivers hauling gasoline and diesel can drive for up to 16 hours...

Sep 17, 2026

Another popular squishy toy for kids recalled over 'risk of serious injury or death'

It's what is within the toys that causes concern, according to federal regulators.

Sep 17, 2026

Brit Hume: Inflation 'just killing' Trump administration

Political analyst Brit Hume on Wednesday evening said rising inflation and higher costs of living are hurting the Trump administration ahead of the midterms, as the Republican Party fights to maintain control in Congress. “This business with prices is just killing the administration,” Hume said on Fox News's “Special Report with Bret Baier.” He referenced...

Sep 17, 2026

Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision

This month, the president threatened to halt a broad swath of trade if interest rates were not cut, a possibility he resurfaced on Wednesday.

Sep 17, 2026

Fed Raises Rates in First Major Step by Warsh to Contain Inflation

The Federal Reserve’s first increase to interest rates since July 2023 comes less than two months before the midterm elections.

Sep 17, 2026

SEC unveils exemption for tokenized stock trading

The Securities and Exchange Commission (SEC) unveiled its long-awaited “innovation exemption” Thursday, a new order aimed at clearing the way for tokenized stock trading in the U.S. The order creates a pair of five-year exemptions. The first exempts platforms that host tokenized stock trading from the commission’s definition of an exchange, while the second exempts...

Sep 17, 2026

SEC unveils exemption for tokenized stock trading

The Securities and Exchange Commission (SEC) unveiled its long-awaited “innovation exemption” Thursday, a new order aimed at clearing the way for tokenized stock trading in the U.S. The order creates a pair of five-year exemptions. The first exempts platforms that host tokenized stock trading from the commission’s definition of an exchange, while the second exempts...

Sep 17, 2026

Global Economy Is Running Out of Wiggle Room

Many countries blunted the most painful effects of the energy shock from the war in Iran. But prices remain elevated and risks are multiplying.

Sep 17, 2026

Carney: Canada welcomes proposal to become EU associate member

Canadian Prime Minister Mark Carney on Thursday welcomed Canada’s invitation to join the European Union as its first associate member. “A Canada-EU alliance would create a beacon for other democracies,” Carney said during his speech before the European Parliament. “An alliance not defined by what we oppose but about what we are for: freedom, solidarity,...

Sep 17, 2026

Trump: EU allowing Canada to become associate member could be 'hostile act'

President Trump said Wednesday the European Union inviting Canada to join as an associate member could amount to a “hostile act,” threatening tariffs or a trade embargo against the bloc. “If they do that, if I think it’s at all a hostile act, I will put very serious tariffs or stop trading with Europe,” Trump...

Sep 17, 2026

Washington balks at giving AI firms waiver to create safety standard

Anthropic CEO Dario Amodei's call for an antitrust waiver for AI firms to work together on a safety standard is being met with skepticism in Washington, where policymakers are questioning tech leaders' intentions. Congress has failed repeatedly to pass AI regulations for years, but some lawmakers are balking at the idea of technology companies taking...

Sep 17, 2026

Washington balks at giving AI firms waiver to create safety standard

Anthropic CEO Dario Amodei's call for an antitrust waiver for AI firms to work together on a safety standard is being met with skepticism in Washington, where policymakers are questioning tech leaders' intentions. Congress has failed repeatedly to pass AI regulations for years, but some lawmakers are balking at the idea of technology companies taking...

Sep 17, 2026

The Fed Raised Rates. What Comes Next?

Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation.

Sep 17, 2026

Huawei unveils new chip technologies as Chinese firm steps up the AI race with Nvidia

BEIJING (AP) — Chinese technology giant Huawei launched new chip technologies in a challenge to global leaders such as Nvidia that highlights the narrowing gap between China and the U.S. in artificial intelligence. Huawei's announcement Thursday at its annual key conference in Shanghai came just days before an expected meeting between U.S. President Donald Trump...

Sep 17, 2026

Peter Navarro says Fed's rate raise is 'a bad decision'

White House adviser Peter Navarro on Wednesday blasted the Federal Reserve's move to raise interest rates, calling it "a bad decision." The central bank’s Federal Open Market Committee (FOMC), led by Fed Chair Kevin Warsh, voted unanimously to increase the central bank’s benchmark interest rate to a range of 3.75 percent to 4 percent. Warsh said this will...

Sep 16, 2026

Trump blames Fed board, not Warsh, for rate hikes

President Trump on Wednesday praised Federal Reserve Chair Kevin Warsh, blaming the board instead for the interest rate increase. “I'm relying on Kevin, but he's got a very tough board,” Trump told reporters after landing in North Carolina. “He's got a board that was put there by a lot of other people.” “I told Kevin,...

Sep 16, 2026

House approves bill aimed at putting data center electricity costs on tech companies

The House on Tuesday passed a bill aimed at shielding Americans from increased electricity costs associated with data centers. The bill requires states to consider taking up standards that would force tech companies to shoulder the electricity cost increases associated with large data centers but doesn't actually require them to regulate. The bipartisan Ratepayer Protection Act,...

Sep 16, 2026

Trump donor Harold Hamm's oil company announces Venezuela deal

Trump donor Harold Hamm’s oil company Continental Resources announced a deal Wednesday to drill in Venezuela. Continental signed a memorandum of understanding with Venezuela’s state-run oil company that would allow it to operate in a 126,000 acre-area of the oil-rich Orinoco Belt, according to a press release. "Continental was built to recognize great resource opportunities and...

Sep 16, 2026

Republicans clash on Senate floor over AI kill switch

Sen. Rand Paul (R-Ky.) on Wednesday blocked a request by Sen. John Kennedy (R-La.) to pass legislation that would require tech companies to develop a “kill switch” for superintelligent AI amid fears that it could spin out of control and pose an existential threat to humanity. Paul argued that an “open-ended” government mandate to implement...

Sep 16, 2026

Warsh says Fed cares 'very much' about AI developments

Federal Reserve Chair Kevin Warsh said Wednesday the central bank is keeping tabs on rapidly developing artificial intelligence (AI) models. “We care very much about what's happening in artificial intelligence,” Warsh told reporters, after the Federal Open Market Committee raised interest rates by a quarter point. The Fed chair noted he is interested in how...

Sep 16, 2026

Warsh says Fed cares 'very much' about AI developments

Federal Reserve Chair Kevin Warsh said Wednesday the central bank is keeping tabs on rapidly developing artificial intelligence (AI) models. “We care very much about what's happening in artificial intelligence,” Warsh told reporters, after the Federal Open Market Committee raised interest rates by a quarter point. The Fed chair noted he is interested in how...

Sep 16, 2026

Trump offers fiery response to Federal Reserve rate hike

President Trump offered a fiery response to the Federal Reserve’s decision to hike interest rates on Wednesday, demanding instead that rates be quickly and drastically lowered. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World — BY FAR. Our Country is BOOMING with new...

Sep 16, 2026

More Americans say AI will hurt the environment than help it: Poll

More Americans believe AI will have negative environmental impacts on the upcoming decade than those who think the technology will help the environment, a poll released Wednesday found. In the newly published survey from The Associated Press/NORC Center for Public Affairs Research, 47 percent of respondents predicted AI will do “more to hurt” the environment...

Sep 16, 2026

Takeaways From the Fed’s Decision to Raise Interest Rates

Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’

Sep 16, 2026

Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging

Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.

Sep 16, 2026

Zuckerberg: AI companies incentivized toward safety

Meta CEO Mark Zuckerberg on Tuesday argued that artificial intelligence (AI) companies are incentivized toward safety when it comes to the timing of crafting their models and that external pressure is not needed to keep to that timeline. “Every lab has the responsibility and incentive to move at the pace required to train its models...

Sep 16, 2026

Zuckerberg: AI companies incentivized toward safety

Meta CEO Mark Zuckerberg on Tuesday argued that artificial intelligence (AI) companies are incentivized toward safety when it comes to the timing of crafting their models and that external pressure is not needed to keep to that timeline. “Every lab has the responsibility and incentive to move at the pace required to train its models...

Sep 16, 2026

Fed hikes interest rates by quarter point

The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank's Federal Open Market Committee (FOMC), under Fed Chair Kevin Warsh, voted unanimously to increase the central bank's benchmark interest rate to a range of 3.75 percent to 4 percent. It marks the...

Warsh wins credibility with Fed rate hike: 5 takeaways

More News

Crypto shifts focus to Trump regulators after coming up short in Senate

Crypto shifts focus to Trump regulators after coming up short in Senate

Haaland backs data center moratorium in New Mexico

Haaland backs data center moratorium in New Mexico

Rogers calls for suspension of federal, Michigan gas taxes

Senate Democrat blocks House-passed bill on data center electricity costs

Almost 2 in 3 say AI development a bad thing: Survey

Warsh wins credibility with Fed rate hike: 5 takeaways

OpenAI discloses 6 reports of AI models' 'unexpected or concerning' behavior

Claims for unemployment benefits drop to 196,000, lowest since mid-July as layoffs remain low

Judge orders Google to change ad auction rules

Judge orders Google to change ad auction rules

Trump administration allows truck drivers hauling gas, diesel to work longer hours

Another popular squishy toy for kids recalled over 'risk of serious injury or death'

Brit Hume: Inflation 'just killing' Trump administration

Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision

Fed Raises Rates in First Major Step by Warsh to Contain Inflation

SEC unveils exemption for tokenized stock trading

SEC unveils exemption for tokenized stock trading

Global Economy Is Running Out of Wiggle Room

Carney: Canada welcomes proposal to become EU associate member

Trump: EU allowing Canada to become associate member could be 'hostile act'

Washington balks at giving AI firms waiver to create safety standard

Washington balks at giving AI firms waiver to create safety standard

The Fed Raised Rates. What Comes Next?

Huawei unveils new chip technologies as Chinese firm steps up the AI race with Nvidia

Peter Navarro says Fed's rate raise is 'a bad decision'

Trump blames Fed board, not Warsh, for rate hikes

House approves bill aimed at putting data center electricity costs on tech companies

Trump donor Harold Hamm's oil company announces Venezuela deal

Republicans clash on Senate floor over AI kill switch

Warsh says Fed cares 'very much' about AI developments

Warsh says Fed cares 'very much' about AI developments

Trump offers fiery response to Federal Reserve rate hike

More Americans say AI will hurt the environment than help it: Poll

Takeaways From the Fed’s Decision to Raise Interest Rates

Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging

Zuckerberg: AI companies incentivized toward safety

Zuckerberg: AI companies incentivized toward safety

Fed hikes interest rates by quarter point

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