WASHINGTON (AP) — President Donald Trump‘s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades. The consequences could impact most Americans’ everyday lives: Economists worry that if Trump gets what he wants — a loyal Fed …
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What it could mean for the Fed to lose its independence
WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades. The consequences could impact most Americans’ everyday lives: Economists worry that if Trump gets what he wants — a loyal Fed …
Read More »With new in-house models, Microsoft lays the groundwork for independence from OpenAI
Since it’s hard to predict where this is all going, it’s likely to Microsoft’s longterm advantage to develop its own models. It’s also possible Microsoft has introduced these models to address use cases or queries that OpenAI isn’t focused on. We’re seeing a gradual shift in the AI landscape toward models that are more specialized for certain tasks, rather than …
Read More »Central bankers fear the war for independence is already lost – Axios
Central bankers fear the war for independence is already lost Axios Trump’s Policies Leave Central Bankers at Odds on How to Respond Bloomberg.com World’s central bankers fear being caught in Fed’s storm Reuters Jackson Hole Economic Policy Symposium: Labor Markets in Transition — Demographics, Productivity and Macroeconomic Policy Kansas City – Federal Reserve The twilight of the central banking elite Financial Times Source link
Read More »Ukraine war briefing: Zelenskyy vows to ‘push Russia to peace’ as Ukrainians mark independence day | Ukraine
Volodymyr Zelenskyy insisted that a meeting with Vladimir Putin remained “the most effective way forward” as the two sides exchanged prisoners and Ukraine marked 34 years since the country gained independence from the Soviet Union. Peace hopes dimmed on Friday when Russia ruled out any immediate meeting between the Russian and Ukrainian presidents but Zelenskyy said on Sunday that the …
Read More »Ukraine marks Independence Day as JD Vance says “I think the Russians have made significant concessions”
Ukraine on Sunday marked 34 years since its independence, as Russia accused the country of launching drone attacks that sparked a fire at a nuclear power plant in its western Kursk region overnight. The weekend’s developments come as U.S. Vice President JD Vance said in an interview that he believes “the Russians have made significant concessions to President Trump for …
Read More »Zelensky Marks Ukraine’s Independence Day With Diplomacy in Kyiv and a Plea for Peace – The New York Times
Zelensky Marks Ukraine’s Independence Day With Diplomacy in Kyiv and a Plea for Peace The New York Times Zelensky vows to continue fighting as Ukraine marks independence day BBC Trump sends Ukraine letter of support on its Independence Day, as Zelensky says Kyiv ‘will not lose’ the war CNN Zelensky Thanks Donald Trump for ‘Kind Words’ on Ukrainian Independence Day Newsweek Photos of Ukraine’s …
Read More »Trump sends Ukraine letter of support on its Independence Day, as Zelensky says Kyiv ‘will not lose’ the war
Facebook Tweet Email Link US President Donald Trump joined other world leaders in sending messages of support to Ukraine on Sunday as it celebrates Independence Day at a time when there is little hope for peace despite intense diplomatic efforts. Trump sent a letter to Ukraine on the country’s 34th Independence Day – which marks the anniversary of declaring itself …
Read More »Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts
WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell has largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. Yet on Friday, …
Read More »Mass. and seven other states explore independence from Trump health policies
“We all are committed to evidence-based recommendations,” Robbie Goldstein, Massachusetts’ public health commissioner and a participant in the meetings, told the Globe Thursday. “It is not a question about, ‘Are we breaking from the federal government?’ It is, ‘How do we continue to do this thing that we’ve always done?’ which is to use science and evidence to drive our …
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