Kevin Hassett says Fed researchers should be ‘disciplined’ over report that Americans are paying tariffs
CNN
National Economic Council Director Kevin Hassett said Wednesday that researchers at the New York Federal Reserve who produced a study finding American businesses and consumers are shouldering 90% of the cost of President Donald Trump’s tariffs should be “disciplined.”
Mark Zuckerberg is set to take the stand Wednesday to testify for the first time before a jury about claims that his social media platforms harmed children and teens.
Stephen Colbert taped a “Late Show” interview with James Talarico, a candidate in the Democratic Senate primary in Texas, on Monday. But CBS lawyers intervened before the interview could air on TV.
Improving your personal finances is always a good idea, albeit a difficult task. And in an uncertain economy, shoring up some extra savings is one smart way to deal with the unexpected and give yourself options.
As state legislatures around the country meet to solidify their budgets for the year ahead, the effects of the One Big Beautiful Bill Act and an uncertain economic future are pushing states to take a hard look at their finances.
Warner Bros. Discovery wants to hear Paramount’s “best and final proposal” for the media company, and is opening a brief window for discussions about a bid, while also moving forward with its Netflix merger and urging shareholders to reject Paramount’s current hostile bid.
Joann Bogard stood in a Capitol Hill hearing room two years ago and watched Mark Zuckerberg apologize to grieving parents who traced the deaths of their children to the online world he helped create.
AI models are trained on massive amounts of data. But that training doesn’t do much good without what’s known as “reinforcement learning,” a process that involves human experts teaching models the differences between good and bad responses.
Billionaire Tom Pritzker announced on Monday he was retiring as executive chairman of Hyatt Hotels after his association with convicted sex offender Jeffrey Epstein was revealed in the latest release of files by the US Justice Department.
AI chatbot providers, including ChatGPT and Grok, are facing a crackdown on illegal content in the United Kingdom, as the government promises swift action to make the internet safer for children.
When Howard Silverblatt first started working on Wall Street, the S&P 500 was at 99.77 points. The week before he retired, the benchmark index was up by 70 times that, to 7,000.
A sell-off rippled through software, real estate and trucking stocks this past week as investors worried artificial intelligence could upend some industries — and analysts say the white-knuckle drops might not be over yet.
Hungary is buying Russian oil despite alternative supplies being available, according to a report that accuses Budapest of failing to pass down to consumers the savings it makes from buying cheap Russian fuels.
Chinese cars could be at an American dealership sooner than you think, and that’s good news for US consumers.