Hello and welcome to Eye on AI. It’s Jeremy here, filling in for Bea, who usually writes the Thursday newsletter. In this edition: Anthropic’s Fable is back. But U.S. AI policy is still a mess. OpenAI wants the U.S. government…
Sports fans aren’t just being priced out of the arena anymore — they’re being priced out of the bar. A new Intuit Credit Karma survey of 1,747 fans, conducted by The Harris Poll, found that one in five say rising…
Investor Michael Burry of “The Big Short” fame has a new short target in his sights: Caterpillar, the heavy-machinery giant that has surged thanks to the AI infrastructure boom. Burry, the former hedge fund manager who famously predicted the 2008…
AI could shave $2.2 trillion off the U.S. deficit by 2036. But according to a new working paper from economists at Brookings and the Federal Reserve, more than half of that savings could vanish — canceled out by the very…
President Donald Trump and his fellow Republicans are reviving a line of attack against Democrats heading into the midterm elections: They’re communists. In just the past week, Trump has issued dark warnings that members of the Democratic Party’s ascendant left are communists who…
Taylor Swift and Travis Kelce will have their wedding at Madison Square Garden on Friday night, according to a law enforcement official briefed on the security plans. The festivities will kick off with a smaller rehearsal dinner planned for Thursday…
Chris Hulatt was just 23 when he decided corporate life wasn’t for him. He’d spent two-and-a-half years on Mercury Asset Management’s grad program. It was long enough to meet cofounders Simon Rogerson and Guy Myles, and long enough to know…
June’s jobs report did not just miss expectations; it also complicated the story economists had been telling about a labor market that might be reaccelerating into summer. Payrolls rose by only 57,000, and both April and May were revised down…
In May, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a stark alert: Iran was using digital currencies to evade sanctions and support terrorist groups. Iran attempted to coerce ships trying to exit the Strait of Hormuz into…
U.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook. The Labor Department said Thursday that the unemployment rate declined to a low 4.2%…