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Gold bounces off YTD low on softer USD, Fed bets curb rally

Gold (XAU/USD) struggles to capitalize on a modest Asian session rebound from its lowest level since November 2025 on Thursday and remains below the $4,100 mark amid mixed cues. A softer Core US Consumer Price Index (CPI) eased concerns about a runaway inflation spiral, weighing on the US Dollar (USD)…

Anthropic CEO says an ‘intrinsic’ feature of AI may be fewer jobs. His answer? Redistribute the upside.

Dario Amodei says he’s not trying to be a “prophet of doom” about AI and jobs, but the Anthropic CEO is warning that mass displacement may not be a temporary growing pain of the technology — it may be part of what makes AI work.In a new policy essay, Amodei wrote that there is a “decent possibility” that, despite efforts to soften the blow, AI could cause “significant enduring job loss” — and that this…

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Business

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California city votes to permanently ban data centers in first-of-its-kind measure

Voters in a Southern California city overwhelmingly approved a ballot measure that permanently prohibits data centers within city limits, underscoring growing local resistance to the infrastructure powering the artificial intelligence boom. Monterey Park voters approved Measure NDC by a margin of 10,321 votes to 1,362 votes, or 88.34%, according to…

Investing

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