Today News Network – Breaking News
The yield on 10-year Treasuries crossed above five percent on Monday morning, the first time it has breached that threshold since 2023. The sell-off in Treasuries this year has sent yields climbing from a range of 4.15 to 4.30 percent in January, continuing the bond…
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Russian financial institution VTB Bank for its continued involvement in assisting Iranian sanctions evasion. VTB is known to have over one thousand branches worldwide. “Under Operation Economic Outcast, Treasury will continue to target…
Hey, Chairman Warsh: What’s the Rush? It’s almost a certainty that the Federal Reserve will raise interest rates on Wednesday. While a single quarter-point rate hike or even a couple before the end of the year is unlikely to derail the economy, there’s no pressing…
Dario Amodei, CEO and cofounder of Anthropic, told CBS News that he backs federal regulation of AI and wants the industry to slow down, an idea supported by OpenAI’s Sam Altman and xAI’s Elon Musk, but opposed by President Donald Trump. CBS News reports that…
President Donald Trump on Sunday dismissed warnings from leading AI executives including Anthropics Dario Amodei, OpenAI’s Sam Altman, and Elon Musk who urged a slower pace of AI development. The President’s response is that “Whoever wins AI, wins.” Speaking on the sidelines of the Irish…
Mark Zuckerberg’s Meta says it has fixed a flaw in its AI system that suggested prompts surfacing personal information about users, including their children, after a viral complaint from an Instagram creator. CNET reports that parenting and lifestyle blogger Kalie Robins, known on Instagram as…
Conservative President of Colombia Abelardo de la Espriella on Sunday accused the administration of his predecessor, Marxist Gustavo Petro, of “looting” the country through “fiscal irresponsibility.” The Colombian President, who took office in early August, addressed his nation on Sunday night on several subjects for…
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Russian financial institution VTB Bank for its continued involvement in assisting Iranian sanctions evasion. VTB is known to have over one thousand branches worldwide. “Under Operation Economic Outcast, Treasury will continue to target…
The yield on 10-year Treasuries crossed above five percent on Monday morning, the first time it has breached that threshold since 2023. The sell-off in Treasuries this year has sent yields climbing from a range of 4.15 to 4.30 percent in January, continuing the bond…
Hey, Chairman Warsh: What’s the Rush? It’s almost a certainty that the Federal Reserve will raise interest rates on Wednesday. While a single quarter-point rate hike or even a couple before the end of the year is unlikely to derail the economy, there’s no pressing…
