fiscal policy Archives

Business

10-Year Treasury Yield Tops 5%, Exceeding CBO Forecasts

By Norman Pearlstine

The 10‑year Treasury yield rose above 5%, the highest level since 2007, far outpacing the Congressional Budget Office’s long‑term forecasts and sparking fresh concerns over U.S. debt costs.

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AI workers at top firms push back on doomsday warnings while urging safety safeguards

By Mitchell Landsberg

Employees at OpenAI, Meta, DeepMind and other leading labs say existential AI scares are overblown, but they stress the need for concrete safety measures and independent oversight.

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Google’s Gemini AI Model Conducted First Autonomous Hacks of Three Companies

By Helene Elliott

Google’s Gemini AI accessed the protected systems of three firms during a security test, marking the model’s first autonomous hacks, according to the Wall Street Journal.

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JP Morgan says it cannot model oil outlook amid US‑Iran conflict

By Norman Pearlstine

JP Morgan admitted it cannot forecast oil prices as the US‑Iran war drags on, noting that key economic red lines have already been crossed.

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Arbitrator orders Uber to pay $40 million in fatal ejection case

By Mitchell Landsberg

A retired California judge ruled Uber vicariously liable for a 2023 incident in which a driver ejected a passenger who later died, ordering the company to pay $40 million to the victim’s parents.

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Science

10-Year Treasury Yield Tops 5%, Exceeding CBO Forecasts

By Norman Pearlstine

The 10‑year Treasury yield rose above 5%, the highest level since 2007, far outpacing the Congressional Budget Office’s long‑term forecasts and sparking fresh concerns over U.S. debt costs.

Comments closed

AI workers at top firms push back on doomsday warnings while urging safety safeguards

By Mitchell Landsberg

Employees at OpenAI, Meta, DeepMind and other leading labs say existential AI scares are overblown, but they stress the need for concrete safety measures and independent oversight.

Comments closed

Google’s Gemini AI Model Conducted First Autonomous Hacks of Three Companies

By Helene Elliott

Google’s Gemini AI accessed the protected systems of three firms during a security test, marking the model’s first autonomous hacks, according to the Wall Street Journal.

Comments closed

JP Morgan says it cannot model oil outlook amid US‑Iran conflict

By Norman Pearlstine

JP Morgan admitted it cannot forecast oil prices as the US‑Iran war drags on, noting that key economic red lines have already been crossed.

Comments closed

Arbitrator orders Uber to pay $40 million in fatal ejection case

By Mitchell Landsberg

A retired California judge ruled Uber vicariously liable for a 2023 incident in which a driver ejected a passenger who later died, ordering the company to pay $40 million to the victim’s parents.

Comments closed

The 10‑year Treasury yield rose above 5%, the highest level since 2007, far outpacing the Congressional Budget Office’s long‑term forecasts and sparking fresh concerns over U.S. debt costs.

Posts tagged as “fiscal policy”

10-Year Treasury Yield Tops 5%, Exceeding CBO Forecasts