BofA warned of two extreme paths, with the US Federal Reserve either staying put for the whole year or implementing a 75 basis point emergency rate cut in September this year, and bluntly stated that "dot plot" is unrealistic in an uncertain environment. Click to view...
Geoffrey Hinton warned that AI may surpass humans in all domains—and could eliminate us via autonomous weapons, cyberattacks, and biowarfare.
Crypto hackers siphoned $302M in May alone as DNS attacks and code vulnerabilities expose fatal flaws in DeFi security—and it's getting worse.
Tesla (TSLA. O) has warned that U.S. President Donald Trump's trade war could make it the target of retaliatory tariffs against the United States and increase the cost of building cars in the United States, according to the Financial Times. In an unsigned letter to U.S. Trade Representative Jamison Greer, Tesla said it "supports" fair trade, but warned that "when other countries respond to U.S. trade actions...
On March 14, according to the Financial Times, Tesla (TSLA. O) warned that U.S. President Donald Trump's trade war could make it the target of retaliatory tariffs against the United States and increase the cost of manufacturing cars in the United States. In an unsigned letter to U.S. Trade Representative Jamison Greer, Tesla said it "supports" fair trade, but warned that "U.S. exporters will be disproportionately affected when other countries respond to U.S. trade actions". "Past U.S. trade acti...
In a report, Moody's warned that the next US administration "must address the widening fiscal deficit", nearly a year after announcing a negative outlook on the US sovereign credit rating. "The administration's tax and spending policies will affect the size of future budget deficits and the expected decline in US fiscal strength, which in turn could have a significant impact on the US sovereign credit profile," Claire Li and W.
Former US President Donald Trump has warned that the US economy is close to recession; we are very close to a world war.