News list for " Scientist"
Once prices start to rise again, the Federal Reserve could fall behind the pace of change and the central bank could be forced to raise interest rates sharply and quickly, according to one influential economist. Click to view...
Economists said the deal set a negative precedent and questioned whether the US government had become an "opportunistic hedge fund seeking to exploit the resources of other countries". Click to view...
Economist Wang Fuzhong wrote: Trump's interest in cryptocurrencies seems to be quite large, not only the family is ugly to issue coins, but also recently expressed the hope that the United States will become the capital of the cryptocurrency world. However, Trump's concern is not a good thing. Trump is very controlling and unwilling to abide by any rules. Acting entirely on his own interests and preferences. If he follows some people's clamor and adds bitcoin to the strategic currency reserve, i...
The latest Reuters poll reported that 59% of the 39 economists surveyed predict that the Bank of Japan will raise interest rates in July, and 13% think it may raise interest rates earlier in May. More than 65% of economists said that the Bank of Japan will raise its key rate to 0.75% in the third quarter. 61 economists agreed that the Bank of Japan will leave its current key rate unchanged at 0.50% on March 19. According to the median forecast, the Bank of Japan's interest rate is expected to re...
Former OpenAI chief scientist Ilya's startup AI company Safe Superintelligence raised more than $1 billion, valuing the company at $30 billion.
Many economists are uneasy about Trump's imposition of tariffs at a time when price pressures persist. The former vice chairperson of the Federal Reserve has warned that his policies could trigger a "stagflationary shock"... click to view...
Peter Cardillo, chief market economist at Spartan Capital Securities in New York, said that if inflation persists for another month or two, the Federal Reserve may not cut interest rates again this year. Peter said that today's data confirmed that inflation remains an issue, and it clearly supports the Federal Reserve's cautious stance on interest rate cuts. The prospect of tariffs has also heightened inflation concerns....
According to Techstartups, artificial intelligence startup Safe Superintelligence (SSI), founded last year by Ilya Sutskever, the former chief scientist of OpenAI, is in talks for a new round of financing with a valuation of at least $20 billion. The valuation is a fourfold increase from its $5 billion valuation when it completed a $1 billion financing in September last year. The exact amount of the financing has not yet been determined and the relevant negotiations are still in the early stages...
Yann LeCun, Meta's chief scientist, pointed to the problems in "some circles" in Silicon Valley in a post on his LinkedIn account yesterday. "In some circles of Silicon Valley, the common symptom is: a false sense of superiority. Symptoms in the early stage are: believing that your small circle has a monopoly on good ideas. Symptoms in the late stage are: believing that innovation elsewhere is obtained through cheating." Yang Likun, who has previously praised the DeepSeek R1 model, said that the...
Chen Jing, a computer scientist and blockchain expert, has left the United States to join Tsinghua University as a professor full-time. According to the China Computer Federation Digital Library, Chen Jing is a professor of computer science at Tsinghua University and a recipient of the National Overseas High-level Talent Program. Her main research interests are blockchain, smart contracts, computational game theory and mechanism design. She used to be the chief scientist and theoretical research...
The latest survey by foreign media shows that economists expect higher inflation and GDP growth in the United States. Click to view...
According to a CNBC survey, 18 of 19 economists expect the Bank of Japan to raise the base rate by 25 basis points this week to 0.5 percent, the highest level since 2008. Economists say public comments by Kazuo Ueda, governor of the Bank of Japan, and remarks by Ryozo Himi, deputy governor of the Bank of Japan, to business leaders last week suggest that the Bank of Japan intends to raise interest rates. (Kim Ten)
"Following the stronger-than-expected jobs report, we revised our outlook for the Fed: we no longer expect any further rate cuts, inflation is above target, risks are skewed to the upside, economic activity is strong and the labor market appears to have stabilized," Bank of America economist Stephen Juneau said in a note on Monday. As recently as September last year, Fed officials hinted that they could cut interest rates by one percentage point this year. They halved that expectation at their D...
Eric Winograd, senior economist at Alliance Bernstein, wrote that the Fed needs to make progress on inflation and "some softness" in the labor market before it can cut rates again, which could take several months. A rate hike is unlikely as there is no sign of inflation picking up again. Winograd said the three-month moving average increase in payrolls was unchanged from November, in addition to the strong headline data. The unemployment rate edged down to 4.1 percent from 4.2 percent, and "has ...
Scotiabank economist Derek Holt argues that US President-elect Donald Trump's demand that allies spend 5% of their GDP on defense this month will make the Western Hemisphere less secure, less reliable and more vulnerable. Canada currently spends about 1.25%, or C $40 billion per year. Holt calculates that raising this to 2% of NATO commitments would be equivalent to C $60 billion per year if implemented immediately, even though Canada has committed to 2...
