Finance

Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025

Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025

Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem, and Governor of the Bank of England Andrew Bailey. (Bloomberg) — The first US...

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Investors Bet $235 Million on Bringing AI to Scientific Research

Investors Bet $235 Million on Bringing AI to Scientific Research

Scientists working in Lila Science’s labs. (Bloomberg) — The latest artificial intelligence unicorn is Lila Sciences, a biotechnology company that promises to speed the rate of scien...

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Arthur Hayes says he’s hanging up his memecoin hat in favour of high-yield DeFi plays

Arthur Hayes says he’s hanging up his memecoin hat in favour of high-yield DeFi plays

Arthur Hayes spent the better part of the past year aping into memecoins like PEPE and MOTHER while endearingly referring to them as “dogshit.” Now the BitMEX co-founder says he’s leaving the casi...

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California lawmakers pass AI safety bill SB 53 — but Newsom could still veto

California lawmakers pass AI safety bill SB 53 — but Newsom could still veto

BEVERLY HILLS, CALIFORNIA – SEPTEMBER 07: Governor of California Gavin Newsom speaks onstage during Vox Media’s 2022 Code Conference – Day 2 on September 07, 2022 in Beverly H...

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