The U.S. government’s $33-trillion debt is the result of “unsustainable” fiscal policies, the International Monetary Fund (IMF) has warned, and is the “most worrying” among the world’s major economies, IMF research director Pierre-Olivier Gourinchas said in a 3 October press briefing.
Category: 17 October 2023
INVESTORS BETTING THAT FED WILL NOT RAISE INTEREST RATES
At the last meeting of the U.S. Federal Reserve’s rate-setting Open Market Committee, a majority predicted the central bank would need to hike rates again when it meets at the end of this month.
NEW TREASURY ISSUES FLOOD AN ALREADY STRAINED BOND MARKET
The U.S. treasury borrowed another $1 trillion in this year’s third quarter, straining a bond market already reeling from a crash not seen in decades.
BEST ANTI-INFLAMMATORY NUTRIENTS
Inflammation is your body’s built-in emergency response to assaults resulting in injury or infection. In the acute state, inflammation is an important and vitally necessary part of your body’s healing mechanism.
BLOCKCHAIN BATTLES
Yes, the latest Fed conspiracy surrounding Bitcoin is that the Chinese are using Bitcoin mining operations located in the U.S. to somehow glean intelligence.
U.S. BITCOIN SPOT ETF MOVES A STEP CLOSER TO REALITY
The crypto sector was pleasantly surprised this past week by an SEC decision not to challenge a court ruling regarding the creation of a possible spot bitcoin ETF (Electronically Traded Fund).
EURO ATTACK ON AMERICAN SOCIAL MEDIA PROVES IT’S “WORLD-GOV” OR THE BILL OF RIGHTS: YOU CAN’T HAVE BOTH
Something's gotta give. New EU regulations giving authorities unprecedented political control to decide what’s “misinformation” and “disinformation,” is now at loggerheads with several major American social media platforms.
BILL GATES’S NEW AI WILL CURATE YOUR ENTERTAINMENT EXPERIENCE
Today’s AIs can suggest books, movies, podcasts, and television shows to suit your tastes—but not the way Bill Gates’s new “Pix” chatbot will.
AI MAKES FERTILE GROUND FOR HACKERS, CYBERCRIMINALS
Hackers are combining AI with encryption tools to make cyberattacks even more stealthy as well as more devastating, Tom Burt, Microsoft’s vice-president for security, told The Wall Street Journal.
AMAZON FORMS $4-BILLION PARTNERSHIP WITH ANTHROPIC
Amazon has committed to invest up to $4 billion in Anthropic, an AI startup founded by siblings who formerly worked for OpenAI in the development of ChatGPT.