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15/07/2025
White House National Economic Council Director Hassett: The Federal Reserve needs more oversight from Congress on its activities.
Latest
2 m ago
The US Department of Defense has awarded a contract worth up to 200 million dollars to xAI, owned by Elon Musk, and the "arch-nemesis" Sam Altman's OpenAI, as well as Alphabet's Google and Anthropic PBCAI.
3 m ago
Musk relies on the power of his business empire to support the dream of AI, and the money-burning machine urgently needs the support of Tesla shareholders.
7 m ago
On Monday, the overnight reverse repurchase agreement conducted by the Federal Reserve had a usage of $2178.41 billion.
10 m ago
Report: Trump will announce a $700 billion investment in AI and energy, high-level executives from companies like BlackRock will be present at the event.
10 m ago
President Trump will announce a $700 billion investment plan for artificial intelligence (AI) and the energy sector in Pennsylvania on Tuesday. This is the latest move by the White House to accelerate the development of this emerging technology. Investments from multiple companies will include the construction of new data centers, expansion of power facilities, upgrades to power grid infrastructure, and the provision of AI training programs and apprenticeship programs. It is expected that as many as 60 leaders in the AI and energy sectors will attend. Expected attendees include Larry Fink from BlackRock, Alex Karp from Palantir Technologies Inc., Dario Amodei from Anthropic, Darren Woods from ExxonMobil, and Mike Wirth from Chevron.
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