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Leadership clash raises market risk – DBS

DBS Group Research’s Philip Wee highlights how the US Senate confirmation hearing for Kevin Warsh as Fed Chair could reshape the risk premium on the Dollar. He argues that a messy transition from Jerome Powell, including a possible “Two Popes” leadership dispute, may erode the USD’s haven appeal just as…

A passenger said his Tesla robotaxi missed a turn and tried to pull over on the highway

Robotaxis officially hit the streets of Dallas last week. Their arrival gave one enthusiastic passenger a glimpse of both the promise — and the limitations — of autonomous driving. Loading audio narration… Chris Ramos, a 34-year-old accounts payable supervisor, told Business Insider that he rushed to try Tesla’s service on Saturday after seeing posts online saying it was live. The launch came after Tesla began a similar driverless service in Austin in January, about 10 months after…

Finance news

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NYC’s plan to tax luxury second homes, explained

New York City Mayor Zohran Mamdani is following through on one of his most divisive campaign promises: tax the rich. Loading audio narration… Mamdani and Gov. Kathy Hochul introduced a new pied-à-terre tax proposal on Wednesday. The tax, which requires legislative approval, would affect residents who own a secondary property…

Business

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Tinder uses eye-scanning tech to verify that users are real humans

Your next date could be AI-verified. Tinder is one of several companies working with World, formerly known as Worldcoin, to let users prove they are human and not robots with the help of eye-scanning technology. With the increased availability of AI, bad actors have begun using the technology to fuel…

Investing

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