Tag: federal
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Dollar slips as Fed holds rates steady
NEW YORK, July 29 : The U.S. dollar fell across the board on Wednesday after the Federal Reserve held interest rates steady, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2 per cent target.The widely expec
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US interest rates held for fifth time in a row
The Federal Reserve’s decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.
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Dollar eases as markets await Fed decision
NEW YORK, July 29 : The U.S. dollar edged down on Wednesday but stuck to familiar ranges against major currencies as investors awaited a Federal Reserve interest-rate decision, with some analysts warning that an interest-rate hike cannot be ruled out.Hostilities in the Middle East flared anew, sending oil pri
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Dollar firms near one-month highs ahead of Fed decision
July 29 : The U.S. dollar edged up on Wednesday and firmed near one-month highs, as investors awaited a Federal Reserve interest-rate decision, in which some analysts expect a surprise hike.Hostilities in the Middle East flared anew, sending oil prices higher, after joint strikes by U.S. and Saudi Arabia on I
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Anthropic to donate $20 million to US political group that supports AI regulation
WASHINGTON, July 22 : AI giant Anthropic will donate $20 million to a lobbying organization that supports AI regulation, according to a company statement released on Wednesday, its latest move to influence U.S. policy on the technology.The company is donating to Public First Action, a political group that ad
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US to spend $5 billion on health, construction research powered by AI
WASHINGTON, July 22 : The U.S. will spend $5 billion to tackle long-standing scientific problems across multiple fields using AI, the Trump administration said in a statement on Wednesday. The agencies will use the funding to identify the root causes of chronic diseases, accelerate drug discovery and develop
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Germany cracks down on money laundering, tax fraud
The German government plans to crack down on tax fraud, money laundering and illegally acquired assets with more audits and stiffer penalties.
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Germany massively expands federal police powers
The German government has expanded the powers of its federal police, especially in the use of surveillance, AI, and drone defenses. But experts warn of constitutional challenges.
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Violence on German trains is on the rise
The verdict in the trial over the killing of a train conductor highlights growing aggression toward railway employees in Germany. What is causing it — and what can be done about it?
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Judge rejects Kalshi bid to block New York gambling enforcement law
NEW YORK, July 8 : A federal judge denied Kalshi’s bid to block New York from enforcing its gambling laws against the prediction markets platform, amid a growing battle between federal and state regulators over authority to police the fast-growing industry.In a decision on Tuesday, U.S. District Judge Analisa
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