Tag: Breaking News: Politics
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New York becomes first U.S. state to impose AI data center ban
New York became the first U.S. state to ban the construction of new large-scale AI data centers after Governor Kathy Hochul signed an executive order Tuesday.
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U.S. trade official says ‘very few’ Nvidia H200 AI chips have been shipped to China
The remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia’s sales even higher.
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Supreme Court Justice Barrett says ‘the threat level is really high’ in budget testimony
Supreme Court Justices Amy Coney Barrett and Elena Kagan are testifying about the high court’s budget request, which includes higher spending for security.
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E. Jean Carroll receives $5.6M from Trump in sex abuse, defamation case: Court filing
A federal judge recently ordered Trump to pay Carroll, rejecting his last-ditch efforts while noting that he “has been stalling this case for years.”
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Watch Fed Chairman Kevin Warsh testify live to House Financial Services committee
In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed’s 2% target.
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Sen. Tim Scott wants to hear from Warsh on data centers and artificial intelligence
Sen. Tim Scott, R-S.C., will host Kevin Warsh before the Senate Banking Committee on Wednesday for his first time testifying as Fed chairman.
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Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
Warsh pledged Tuesday to “get monetary policy right” and defeat the inflation that has bedeviled the central bank for the past five years.
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Business declares war on Pentagon stock buyback, dividend restrictions moving in Senate
The provision was pushed by Sen. Elizabeth Warren, D-Mass., and was included in the National Defense Authorization Act on a bipartisan basis.
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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Trump to claim declassified intel reveals 2020 election interference: MS NOW
Trump said he will make a “Speech to the Nation on Thursday evening, at 9 P.M. Eastern,” without providing further details.
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