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Warsh Shift Points to an ‘Insurance’ Fed Hike

Fed chairman Kevin Warsh used his speech in Wyoming to lay out a firmer, more hawkish case on inflation than markets had heard from him before. The shift now puts more distance between where US rates might be headed and…

World

Global Bond Yields Fret Inflation and Deficits

New York – For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it.

World

Is France Becoming Another Fiscal Flashpoint?

France’s mounting debt has become a flashpoint in economic debates, with critics blaming decades of high public spending and subsidies for the country’s burden. The numbers underline how France’s trajectory has diverged…

World

Germany and France commit €300 million to South Africa services

In the shadow of Russia’s war of aggression against Ukraine, the EU and its Member States are undertaking the biggest rearmament effort to take place in Europe since the 1950s. Many now call for more European cooperatio…

World

There Are ’Warsh’ Things I Could Do

WASHINGTON (MaceNews) – The following is a rough transcript of the responses of the new Federal Reserve chair, Kevin Warsh, to reporters’ questions in his first post-Federal Open Market Committee news conference Wednesd…

World

Lords call for AI 'kill switch' powers in UK

A group of peers is calling for the British government to be able to deactivate powerful AI systems and switch off the country's data centres in the event of the tech posing a threat to national security.

World

The Ternus Era Begins at Apple

In late July, current and former Apple product developers gathered for a reunion at the company’s Cupertino, Calif., headquarters. As evening fell and guests sipped drinks and ate hors d’oeuvres, John Ternus slipped int…