Business

Why U.S. stocks and bonds have ‘healthy’ returns this year despite Trump’s tariff threats  MarketWatch The markets are betting against Trump on the assumption the Fed will rescue them if their call is wrong  Fortune Trump’s tariff threats are back. What should you do about your 401(k) and investments?  San Francisco Chronicle 3 tips for investors to navigate the market with tariff volatility …

A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Over-inflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Annual home price growth in June was just 1.3%, down from 1.6% growth in May …

Defense Department to begin using Grok, Musk’s controversial AI model  The Washington Post US defense department awards contracts to Google, Musk’s xAI  Yahoo Finance Elon Musk’s Controversial Grok AI Lands Contract With Pentagon  Newsweek Pentagon Awards Up to $200 Million in Contracts to xAI, OpenAI  Bloomberg ‘Grok For Government’: Elon Musk’s xAI Says It’s Secured A Pentagon Contract  Forbes Source link

Trump economics adviser Kevin Hassett is rising in race for next Fed chief  The Washington PostView Full Coverage on Google News Source link

Meta is currently building out a data center, called Hyperion, which the company expects to supply its new AI lab with five gigawatts (GW) of computational power, CEO Mark Zuckerberg said in a Monday post on Threads. The announcement marks Meta’s latest move to get ahead of OpenAI and Google in the AI race. After previously poaching top talent to …

Seeking the system prompt Owing to the unknown contents of the data used to train Grok 4 and the random elements thrown into large language model (LLM) outputs to make them seem more expressive, divining the reasons for particular LLM behavior for someone without insider access can be frustrating. But we can use what we know about how LLMs work …

As Elon Musk pushes Robotaxis, Tesla faces trial over fatal Autopilot crash  The Washington Post A lawsuit against Tesla and its driver-assistance technology goes to trial in Florida  NPR Tesla Faces First Jury Trial Tied to Its Autopilot System  The New York Times Jury selection begins in trial against Tesla in connection to autopilot system safety concerns  WSVN Tesla Goes to Trial Over Fatal …

Powell asks watchdog to probe Fed HQ renovations as Trump pressure grows  Politico Fed Chair Powell asks inspector general to review controversial building project  CNBC Scoop: Powell asks Fed’s IG to review renovation costs amid Trump pressure  Axios Contenders to succeed Powell slam Fed chair as White House pressure intensifies  Yahoo Finance Fed Defends Renovations as White House Widens Attacks on Central Bank  The New …

I don’t talk much about Hungarian ultra low cost carrier Wizz Air, which has expanded massively in recent years, and for a long time, seemed unstoppable. Several years back, the airline launched a Wizz Air Abu Dhabi subsidiary, marking its first base in the Middle East. There’s now an interesting update, as the company will be fully shutting down this …

Mark Zuckerberg Says Meta to Build Several Gigawatt-Size Data Centers  Bloomberg Meta’s Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push  Yahoo Finance Zuckerberg says Meta will invest hundreds of billions in superintelligence  Reuters Meta CEO plans to invest $100’s of billions on AI, bring first 1GW-plus supercluster online  Seeking Alpha Eighty years after bomb, is AI a new arms race …