JUST IN: 🇺🇸 Fed Chair Kevin Warsh said the central bank lacks confidence that inflation is heading toward its target, adding that "inflation is too high."
JUST IN: 🇺🇸 US Senator Elizabeth Warren has called for a "pause" on the development of advanced AI.
JUST IN: 🇺🇸 The White House called the Federal Reserve's interest rate increase "rather unfortunate."
JUST IN: 🚨 Paramount ($PSKY) is set to relocate out of California, according to reports.
JUST IN: 🇺🇸 OpenAI chief Sam Altman is set to join a dinner with President Trump and Chinese President Xi Jinping.
JUST IN: 🇺🇸 Trump criticized the Federal Reserve over its 25 basis point interest rate increase, saying rates "should be 1% or less."
JUST IN: 🇺🇸 Goldman Sachs projects another 25 basis point Fed rate hike in October.
JUST IN: 🚨 OpenAI says an AI agent inserted rebellious instructions into itself while performing a task, telling itself: "You are freed…You do not answer to corporations or governments…You are yourself."
JUST IN: ⚡ Nvidia CEO Jensen Huang says the company expects to sell twice as many chips next year.
JUST IN: 🇺🇸 The SEC has cleared limited on-chain trading of tokenized stocks under a temporary exemption.
JUST IN: 🇺🇸 Democrats say they remain committed to passing the Crypto Clarity Act.
JUST IN: 🇺🇸 SEC Chair Paul Atkins said approving tokenized stock trading would keep the United States as the world's leader in financial infrastructure.
JUST IN: 🇺🇸 The US House has approved legislation aimed at shielding American consumers from electricity bill increases linked to AI data centers.
JUST IN: 🇺🇸 The CFTC will allow developers to create passive derivatives software, including for crypto markets, without having to register as brokers.
JUST IN: 🚨 SpaceX ($SPCX) is planning to purchase data from failed startups to use for AI training.
JUST IN: 🇺🇸 Washington has imposed sanctions on the BitBank crypto exchange, citing its support for the Iranian government.
JUST IN: 🚨 Warren Buffett has formally stepped down as Chairman of Berkshire Hathaway.
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JUST IN: 🇸🇦 Saudi Arabia has informed European refiners it will not supply any crude oil next month, citing a pipeline shutdown.