The yield on the 10-year U.S. Treasury bond hit a 24-year high during Thursday trading, forecasting higher borrowing costs for Americans. The 10-year bond yield topped 5.34 percent early Thursday morning, the note’s highest mark since April 2002. That month, the yield reached a closing peak of 5.48 percent. The note has since decreased to...
Read full articleThe yield on the 10-year U.S. Treasury bond hit a 24-year high during Thursday trading, forecasting higher borrowing costs for Americans. The 10-year bond yield topped 5.34 percent early Thursday morning, the note’s highest mark since April 2002. That month, the yield reached a closing peak of 5.48 percent. The note has since decreased to...
Republicans are growing increasingly worried that data centers are a liability in the midterms, as concerns over higher power bills tied to the facilities turn into a pocketbook issue for voters. The debate over the issue was on full display Wednesday, after Senate Democrats blocked legislation championed by Sen. Jon Husted (R-Ohio) — who is...
Sen. Rand Paul (R-Ky.) blocked an effort from Sens. Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) on Wednesday to pass by unanimous consent the Kids Online Safety Act (KOSA), a long-sought bill that intends to protect kids in the digital space. KOSA, which aims to hold accountable social media companies for the alleged harms their...
House Minority Leader Hakeem Jeffries (D-N.Y.) on Wednesday knocked President Trump for opposing federal limits on the development of AI. Jeffries said Trump’s approach of allowing the AI industry to police itself is a classic — and dangerous — case of letting the fox guard the henhouse. “The notion of entering into a voluntary agreement...
Three weeks ago, I said we should heed AI’s doom warnings. With a valuation for OpenAI of $US1.4 trillion, investors aren’t concerned one bit.
Starliner's first crewed test flight left two astronauts stranded on the ISS for nine months.
Senate Democrats have blocked a bill that seeks to address data center electricity costs, calling it ineffective and "toothless," though the legislation passed the House with significant bipartisan support. The Democrats did not provide the Ratepayer Protection Act with the 60 votes needed to overcome the filibuster, blocking it in a procedural vote on Wednesday,...
The Commodity Futures Trading Commission (CFTC) launched an investigation into former Rep. Adam Kinzinger (R-Ill.) over Kalshi trades related to pardons issued by former President Biden. The prediction market account — which was allegedly linked to the former lawmaker — made transactions between December 2024 and January 2025 concerning whether Kinzinger would receive a pardon,...
Industry experts on Wednesday will face questioning from members of a Senate Homeland Security and Governmental Affairs Committee panel about the national security risks posed by rogue AI. The hearing will focus on how autonomous AI agents — including OpenAI's model that unsuccessfully attempted to breach federal agency websites — could be used to launch...
The letter detailing President Trump’s pact with key AI leaders posted Tuesday following his meeting with technology leaders contains a typo, misspelling his title as “President of the Unites States." The letter, which Trump posted on Truth Social, outlined the voluntary agreement to implement certain guardrails following several high-profile cybersecurity incidents where AI chatbots escaped...
Alleged messages between Cornell University students accused of rape could become crucial pieces of evidence.
Political commentator Bill O’Reilly on Tuesday called for a new federal law enforcement agency dedicated to artificial intelligence, arguing that the AI industry’s ability to police itself would not go far enough to address the technology’s potential dangers. “I think you’re going to have a new police agency, federal, that all they do is look...