Investors have worried that higher yields would drive foreign buyers out of the US corporate bond market. So far, that hasn’t happened. Despite a sharp rise in Treasury yields this year, foreign demand for US corporate bonds has remained robust, according to Goldman Sachs. Through the end of June, net foreign purchases of US corporate
US President Donald Trump has said fears about the safety of AI are a “hoax”, as he criticised calls to have more guardrails for the fast-moving technology. It comes after Jack Clark, a co-founder of AI giant Anthropic, told the BBC that a “kill switch” for dangerous AI that can be checked by a third
Tech stocks slipped in premarket trading Monday after a weekend of increasingly dire warnings about AI. Nvidia was down 3% in premarket trading, while SpaceX shares fell 0.6% and Google was off 0.7%. Nasdaq 100 futures pointed to a 1.6% decline at the open, suggesting the selling could extend across large-cap tech. The weakness followed
David J. Sencer CDC Museum at the Edward R. Roybal campus, the headquarters of the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia. CDC is the national public health agency of the United States, under the Department of Health and Human Services (HHS). hapabapa/Getty Images/iStock Editorial hide caption toggle caption hapabapa/Getty Images/iStock Editorial
Y Combinator CEO Garry Tan says people are getting distracted by Hollywood-style doomsday scenarios when they should be focused on the real AI risks emerging today. “I think that we need to be focused on science fact, not science fiction,” Tan said in a CNBC interview on Thursday. “I saw ‘Terminator 2’ also. It’s a
A school in the occupied West Bank has been surrounded by barbed-wire fencing as Palestinian parents fear for their children’s safety due to the rise of Israeli settler attacks in the area. The isolated village of al-Mughayyir, north-east of Ramallah, has been increasingly surrounded by Jewish settler outposts, and regularly blocked by Israeli forces who
