Nvidia has become the central authority in the AI industry, analogous to the Federal Reserve in finance, due to its dominant position in supplying the hardware necessary for AI computation. The compan…
The Bloomberg US Leveraged Loan Index fell 1.34% in February 2026, its worst monthly decline since 2022, driven by a collapse in software loans amid AI fears. Over $17.7 billion in software debt turne…
Over $1 trillion in value was wiped from the US stock market within two hours of trading, led by a 10.3% plunge in the PHLX Semiconductor Index. Chipmakers lost $1.3 trillion in market capitalization …
Nvidia shares fell 6.2% to $205.10 on June 5, their steepest single-day drop this year, after a stronger-than-expected U.S. jobs report reduced the likelihood of Federal Reserve rate cuts and Senator …
Large technology companies' heavy spending on artificial intelligence development and compute hubs is contributing to price pressures on U.S. consumers, according to a Washington Post report. Federal …
Major stock indexes fell sharply Friday after a strong jobs report raised expectations for a Federal Reserve interest rate hike, with the Nasdaq 100 tumbling more than 3% as AI-related tech stocks led…
Federal Reserve Vice Chair for Supervision Michelle Bowman told Congress on June 4 that tokenized securities should receive the same capital treatment as traditional securities and that the central ba…
San Francisco Federal Reserve President Mary C. Daly warned that state-level AI regulations could disproportionately burden startups and hinder innovation, slowing the technology's potential to delive…
Rita Finkel, co-president of the Armory Foundation, published an opinion piece in EdSurge arguing that four-year college degrees remain valuable as artificial intelligence reshapes the workforce. A 20…
Federal Reserve Bank of St. Louis President Alberto Musalem warned against relying on artificial intelligence to reduce inflation, stating it is "too early to outsource" the central bank's inflation-c…
New York Federal Reserve President John C. Williams warned that robust business investment, driven predominantly by AI-related outlays, is propping up the U.S. economy as consumer spending, residentia…
JPMorgan chief economist David Kelly warns that avoiding a $39 trillion national debt crisis will require AI-driven productivity gains that exceed even the most optimistic market forecasts. In a new a…
Federal Reserve Vice Chair Philip N. Jefferson addressed global energy prices, artificial intelligence, trade disruptions, and persistent US inflation risks at the Bank of Japan Institute for Monetary…
Federal Reserve Governor Lisa Cook told a Stanford forum that the market capitalization of U.S. tokenized assets has more than doubled to roughly $25 billion over the past year, while warning that art…
Candace Browning reported that investor focus on an AI-driven earnings wave has outweighed geopolitical concerns, with S&P 500 earnings rising 24% in the first quarter and 18% excluding hyperscalers. …
OpenAI CEO Sam Altman said this week he was "delighted to be wrong" about his earlier predictions that artificial intelligence would wipe out entry-level white-collar jobs. Speaking at a tech conferen…
According to the article, the U.S. Secret Service shot and killed a man who opened fire at a security checkpoint outside the White House, leading to a brief lockdown of the premises. The incident, whi…
According to Bank of America analysts, the recent bond market selloff is increasingly driven by deteriorating U.S. fiscal health, with "bond vigilantes" selling off debt to protest unsustainable defic…
The article reports that the University of Michigan's consumer sentiment survey showed a troubling rise in both short-term and long-term inflation expectations, with long-term views jumping to 3.9% in…
President Donald Trump oversaw the swearing-in of new Federal Reserve Chair Kevin Warsh at the White House, urging him to stimulate the economy while maintaining the central bank's independence. Trump…