The Fed may be on the verge of a serious mistake, prominent economists warn
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.…
Calls for an AI slowdown meet vigorous pushback: Trump calls it a ‘sick conspiracy’
Michael Burry, Donald Trump and others are criticizing Anthropic’s CEO, who recently said AI companies need to adopt better safety measures. Source:MarketWatch
AI doomsday fears are arriving at the worst possible time for the stock market
The latest cracks in the AI trade are emerging at a particularly troubling time for investors. Source:MarketWatch
As AI companies call for a slowdown, here’s how Washington could pump the brakes
Washington is likely to move slowly, but there are catalysts that could make it act faster than expected Source:MarketWatch
Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Inflation is sinking your high-yield savings account’s returns. Here’s one way to fight it.
4% APYs sound good. Too bad inflation is taking a bigger bite out of those yields now. Source:MarketWatch
Why the Social Security COLA is much ado about nothing
Social Security benefits will be largely stable in real terms. Source:MarketWatch
There’s every reason to slow AI development. But here’s why it probably won’t happen.
The risks of disaster are real. But who wants to give up those massive stock valuations? Source:MarketWatch
SEC Grants Exemptive Relief from Certain Inline XBRL Filing or Submission Requirements
The Securities and Exchange Commission issued an order granting exemptive relief from certain Inline XBRL requirements adopted on Dec. 16, 2024. More…
‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
“I invested on the recommendation of an executive vice president of a major New York investment bank.” Source:MarketWatch
A bipartisan coalition of 17 state attorneys generals urge Senate to reject Clarity Act
The state AGs said they were concerned the crypto legislation might restrict their ability to bring securities and commodities cases tied to online scams.…
10-year Treasury yield briefly tops 5%, hitting its highest level since 2007 as bond-market selloff deepens
The benchmark 10year Treasury yield briefly touched the crucial 5% threshold on Monday, with oil prices marching higher, jitters about artificial intelligence…