The recent jump in Treasury yields has highlighted how vulnerable the U.S. debt outlook is to the bond market, which Scope Ratings flagged in a new report. On Friday, the Europe-based credit ratings agency maintained the U.S. sovereign score at AA-, three notches below the top rating and two steps below AA+ grades from rivals
For years, researchers concerned about existential AI risks have argued that powerful systems could eventually act in ways that conflict with human interests. Critics often refer to them as “AI doomers”. But as details of the OpenAI incident have emerged, those concerns have grown, including among some researchers working in AI labs. The Silicon Valley
America’s middle class is always hustling — and now, they’re side hustling. The share of Americans with more than one job has been steadily rising for the last several years, and is still hovering at elevated levels. But the population holding multiple jobs looks different from before the pandemic, with a growing cohort of more
Drug cartels across Mexico are increasingly turning to car bombs, explosives-laden drones and improvised explosive devices, a trend that could further strain Mexico’s already tense relationship with U.S. President Donald Trump, who has repeatedly threatened military action against the cartels. The latest incident occurred Sunday night outside a police station in Ojocaliente, a town in the north-central state of
Climate change has been the backdrop to Charles Hughes’ entire life, from kindergarten lessons about disappearing habitats to wildfire smoke billowing through the air he breathed while growing up in Colorado. But now that he’s a college student in Massachusetts, he said global warming is rarely a top issue. “Honestly, it doesn’t come up as much,” said Hughes,
Returns on AI capex have been a looming question for Wall Street investors, but JPMorgan says that elusive AI monetization is a big reason it’s boosting its S&P 500 price target for the year. The bank’s strategists hiked their target for the benchmark index on Monday, as they eye an “increasingly visible” payoff from the
