Uplifting Echoes

Business

Federal Reserve is expected to raise its benchmark rate, defying Trump’s demands - AP News

Federal Reserve is expected to raise its benchmark rate, defying Trump’s demands - AP News

The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands. An increase in th…

Costco raises price of Kirkland motor oil and limits how much shoppers can buy - Fox Business

Costco raises price of Kirkland motor oil and limits how much shoppers can buy - Fox Business

Costco is now capping Kirkland and Mobil 1 motor oil purchases each week as oil prices soar, gas hits $4.32 and diesel surpasses $6 a gallon.

Why Wall Street is blowing off fears of an AI apocalypse - Axios

Why Wall Street is blowing off fears of an AI apocalypse - Axios

Equity investors largely yawned Monday at chatter about the end of the world.

Microsoft CEO Satya Nadella posts an internal warning to employees about AI safety - Business Insider

Microsoft CEO Satya Nadella posts an internal warning to employees about AI safety - Business Insider

Satya Nadella urged the AI industry to prioritize safety and maintain human control over the technology.

Sen. Kennedy readies AI ‘kill switch’ bill - Politico

Sen. Kennedy readies AI ‘kill switch’ bill - Politico

The Louisiana Republican said he intends to introduce the legislation under unanimous consent Wednesday.

Is Big Tech’s AI slowdown a safety pact or a cartel? - The Verge

Is Big Tech’s AI slowdown a safety pact or a cartel? - The Verge

OpenAI, Anthropic, and other companies have tentatively agreed to an AI slowdown, but critics are skeptical.

Stock futures are little changed as traders eye rising oil prices and rates: Live updates - CNBC

Stock futures are little changed as traders eye rising oil prices and rates: Live updates - CNBC

The major averages closed lower on Monday as higher bond yields and oil prices kept the market under pressure.

Stock Market Today: Dow, S&P 500 and Nasdaq close down on AI fears and rising oil, but off lows as 10-year yield drops after hitting 5% - marketwatch.com

Stock Market Today: Dow, S&P 500 and Nasdaq close down on AI fears and rising oil, but off lows as 10-year yield drops after hitting 5% - marketwatch.com

The Dow, S&P 500 and Nasdaq Composite all closed lower, as worries about a potential AI slowdown and rising oil prices weighed on investor sentiment. But some of those worries were soothed by a pullback in Treasury yields.

Gillibrand privately urges Dems to advance crypto bill - Politico

Gillibrand privately urges Dems to advance crypto bill - Politico

Sen. Kirsten Gillibrand's posture on the legislation puts her at odds with progressives in her party.