Tag: policies
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Treasury yields fall after soft European data
[ad_1] Bond yields fell on Monday after weak economic data from Europe and as traders await central bank policy decisions this week. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.824% slipped by 2.1 basis points to 4.837%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.800%…
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AI will require ‘some new laws,’ Biden says, even as tech giants agree to safeguards
[ad_1] Realizing the promise of artificial intelligence by managing its risks will require “some new laws, regulations and oversight,” President Joe Biden said Friday, even as several tech companies agreed to new AI safeguards. Amazon AMZN, +0.34%, Google GOOG, +0.55% GOOGL, +0.52%, Meta META, -2.73%, Microsoft MSFT, -0.66% and other companies voluntarily agreed to steps…
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Eurozone inflation dipped more than expected in May to 6.1%, in boost for ECB
[ad_1] Eurozone inflation fell more than expected in May on slowing food and declining energy prices, as underlying pressures also eased, welcome news for the European Central Bank which could be approaching the end of its tightening cycle. The eurozone’s consumer price index increased 6.1% in May on year, tumbling from a 7.0% rise in…
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House Republicans tear into Gensler for refusing to say whether ether is a security
[ad_1] House Republicans took aim at the nation’s top markets regulator Tuesday for its oversight of the digital asset industry, arguing that Securities and Exchange Commission Chairman Gary Gensler has been both overly aggressive in bringing enforcement actions against the industry while refusing to clearly state which tokens he sees as under its jurisdiction. “You’ve…