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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.
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.
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...
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...
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.
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,...
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...
What to know about the Fed’s decision.
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...
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...