Ex-Fed Governor Kugler quit after more trading violations
Kugler requested a waiver to conduct financial transactions to address what the Fed official described as impermissible financial holdings.
Business
Fed researchers say tariffs actually lower inflation — because they’re demand shocks that slam employment and economic activity
"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions."
Trump responds to appearance in new Epstein emails by pushing DOJ probe of Clinton, Larry Summers, Reid Hoffman
Across messages with lawyers, acquaintances, reporters, academics, and political figures, Epstein invoked Trump constantly.
Anthropic says its latest model scores a 94% political ‘even-handedness’ rating
Anthropic notes in a blog post that it has been training Claude to have character traits of “even-handedness” since early 2024.
There’s still ‘no evidence’ China is buying all the U.S. soybeans it promised under Trump’s trade deal amid oversupply from South America
"The door hasn’t closed yet for U.S. soybeans, but we’re getting very close to that point."
MacKenzie Scott makes more ‘life-changing,’ record-breaking gifts to historically Black colleges and universities—totaling more than $400 million
These donations come on the heels of other major donations from Scott to HBCUs this fall.
Palantir CEO slams ‘parasitic’ critics calling the tech a surveillance tool: ‘Not only is patriotism right, patriotism will make you rich’
“Our project is to make America so strong we never fight,” he said. “That’s very different than being almost strong enough, so you always fight.”
New Cash App features let users send and receive stablecoins, pay merchants in Bitcoin
Dorsey, who also cofounded Twitter, has long been a Bitcoin devotee.
Anthropic says new $50B investment in data centers will create about 800 permanent jobs and 2,400 construction jobs
The tech industry is moving forward investments to build energy-hungry AI infrastructure, despite bubble concerns.
