The Trump administration really doesn’t want states to go hard on AI regulation.Tucked into the White House’s new “AI Action Plan,” released on Wednesday, is a proposal to limit AI-related federal funding to states that impose “burdensome” regulations. The plan argues that doing so would be wasteful.At the same time,…
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The Pound Sterling trades firmly against the US Dollar as investors overlook the confirmation of the US-Japan trade deal.Trump reduces tariffs on Japan to 15% from 25% previously announced.UK government borrowed second-highest amount of funds in June since 1993.The Pound Sterling (GBP) gains against its peers, except antipodeans, on Wednesday. The British currency attracts bids even as United Kingdom (UK) fiscal risks have resurfaced, following the government borrowings report from the Office for National Statistics…
The state of Florida has seen an influx of new residents in recent years as Americans…
Gold price eyes a decisive break above $3,400 amid trade tensions between the US and…
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Ukraine’s air force said on Tuesday that one of its Dassault Mirage 2000 fighters crashed due to a malfunction, marking its first loss of the French-donated jet.It’s a blow to Ukraine’s limited fleet of Western fourth-generation aircraft, which Kyiv spent years urging its allies to help build amid Russia’s invasion.Ukraine…
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A “massive” $550 billion trade deal has been reached with Japan, President Donald Trump said on Tuesday, adding that it will create hundreds of thousands of jobs. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made,” Trump wrote on Truth Social. “Japan will invest, at…
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I was stressed, sun-starved, and desperate for a break when I impulsively booked a last-minute Disney cruise just four days before it set sail.It was December, and the Pacific Northwest’s gray skies and cold rain were weighing on me as the holidays loomed just around the corner.I hadn’t planned to…
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The Federal Market Open Market Committee expects interest rates to move down in 2025. Fixed income markets see two cuts coming, taking rates to 3.75% to 4% by December as the most likely outcome, down from 4% to 4.25% today. However, for quite some time the labor market has held…
