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Federal Reserve Governor Michael S Barr agrees with one of the most-dangerous AI forecast; says: We should be clear-eyed about how painful …

One of America’s top financial regulators has sounded an alarm even as the world’s tech giants are celebrating record-breaking AI breakthroughs. Michael S. Barr, governor of the Federal Reserve, issued a warning about the potential for artificial intelligence (AI) technology to create a “jobless boom”. He said that AI may help in the rapid growth…

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US Federal Reserve keeps rates unchanged; cites elevated inflation, stabilising labour market— details

File photo-Fed Chair Powell The US Federal Reserve on Wednesday left interest rates unchanged, holding its benchmark lending rate at 3.5% to 3.75%.The decision was not unanimous. Governors Christopher Waller and Stephen Miran dissented, favouring a quarter-point rate cut. The decision comes after the central bank cut rates at three consecutive meetings late last year….

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‘Reserve that table forever’: Sunita Williams’ Falooda break in Kerala goes viral

Indian-origin astronaut Sunita Williams, recently retired from NASA, was spotted enjoying a falooda in Kozhikode, Kerala. The video of her casually savoring the local dessert with strangers has gone viral, highlighting her grounded nature despite her remarkable achievements in space exploration. From floating in zero gravity to sitting down for a chilled dessert in Kerala,…

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Trump’s new attack on US Federal Reserve revives ‘Sell America’ trade – why stock market strategists are worried about deeper selloff

Pressure linked to the ‘Sell America’ narrative is unlikely to fade. (AI image) US President Donald Trump’s fresh attack on the Federal Reserve seems to have revived the ‘Sell America’ sentiment in the stock market and strategists and market experts are warning that the selloff may deepen over time if the tiff between the government…

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Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly…

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High Court lets Van Gujjars cultivate near reserve forests, bars commercial activity | Dehradun News

DEHRADUN: Uttarakhand high court (HC), while hearing a petition concerning the nomadic Van Gujjar tribe — who inhabit areas around reserve forests and primarily engage in cattle-rearing — said that “they may carry out self-cultivation of the land in question but cannot engage in commercial activities.” The court’s response came following a submission by amicus…

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Forex fall: India’s reserve falls $9.81 billion to $686.80 billion; RBI data shows weekly decline

Foreign exchange reserves fell by $9.809 billion to $686.801 billion in the week ended January 2, data released by the Reserve Bank of India showed on Friday, PTI reported.The decline followed a rise of $3.293 billion in the previous reporting week, when the reserves had climbed to $696.61 billion.Foreign currency assets (FCA), the largest component…

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NHL Injury Update: Vancouver Canucks activate Marco Rossi as they put forward Elias Petterson on injured reserve | NHL News

Vancouver Canucks activates forward Marco Rossi from injured reserve, allowing him to return to play (Image via Getty Images) The Vancouver Canucks have made some significant changes in their lineup as they prepare for their upcoming line up in the NHL season. The club has recently placed their forward Elias Petterson on injured reserve, and…

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