Federal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh...
Read full articleFederal Reserve Chair Kevin Warsh declined Friday to predict central bank officials’ future course on interest rates, less than two weeks before they meet to discuss monetary policy. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings that we have in the balance of this year,” Warsh...
Michelle Simmons has worked with cutting-edge technology for decades. Now she is establishing what she calls a “world-first” plant in Sydney.
On Wednesday, Elon Musk’s Starlink was pulled into the center of a controversy after Ukraine’s military faced restricted access to Starshield, the military version of the satellite-based system. Starlink services were cut off for objects that traveled more than 100 mph, impacting the capabilities of Ukraine’s drones, airplanes and helicopters, a source familiar with the...
Tech mogul Elon Musk poured $158 million into a key super PAC backing Texas Attorney General Ken Paxton's (R) Senate run as part of his push to keep Republican majorities in Congress. Musk was the single donor to Texas PAC — a political action committee backing Paxton's run — in the third quarter, according to...
President Trump took a slight jab Wednesday at tech mogul Elon Musk, who remains a close ally despite a rollercoaster relationship between the two. Trump made the swipe while going after Arizona Gov. Katie Hobbs (D) while speaking at a rally in the state, calling the Democrat “horrible.” “First of all, she’s a dumb person....
The cloak-and-dagger details of the case have gained attention in Silicon Valley and in law enforcement and national security circles.
President Trump’s top cryptocurrency adviser is leaving the administration. Patrick Witt, who served as executive director of the president’s council of advisers for digital assets, called his time in the administration “the privilege of a lifetime” late Wednesday and hinted at a move to the private sector. “I’m grateful to have done my part to...
Correction: An earlier version of this file misstated Anthropic's donation to Mike Rogers. They donated to Rep. Mike Rogers (R-Ala.), not former Rep. Mike Rogers (R-Mich.), who is running for the open Senate seat in the state. Anthropic's corporate political action committee poured $161,000 into campaigns across the aisle last month, bringing their total third-quarter...
The Federal Trade Commission (FTC) sent subpoenas to OpenAI and Anthropic as part of a federal probe into the potential risks their AI models pose to consumers. An agency spokesperson confirmed to The Hill that the agency has sent the companies civil subpoenas. The investigation comes on the heels of a series of high-profile cybersecurity...
Sen. Thom Tillis (R-N.C.) says he and his Senate colleagues will ask the Defense Department’s inspector general to investigate Ukraine’s sudden loss of access to the military version of Starlink, known as Starshield, which hampered Ukraine’s ability to intercept Russian drones. Tillis said the “snafu” that left Ukrainian civilian and military targets exposed now appears...
The regulator has closed its probe into the founder’s $200 million blackout-period share sales, but one WiseTech employee remains under investigation.
The state of Florida won a key court decision Wednesday that allows it to enforce a ban on social media accounts for kids under 14 and other restrictions. The law was one of the most restrictive in the U.S. on social media use by children when Gov. Ron DeSantis signed it in 2024. The law...