Bonds Slump Globally as Traders Rethink Fed’s Rate Cut Path

Published on October 22, 2024

Bonds extended losses as investors mulled the prospect of slower US interest-rate cuts, a trend that risks upending debt positions everywhere.

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AI's Power Drain Demands a Novel Solution: Us

October 22, 2024
Big Tech is going nuclear in its pursuit of artificial intelligence. Power-hungry datacenters are just one part of a broader freak-out over how the US grid will handle even bigger loads including electric vehicles and re-shored factories, plus withstand extreme weather, all while decarbonizing at a reasonable cost.

SEC to Increase Scrutiny of AI Tools Used by Brokers, Advisers

October 22, 2024
The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year, the latest sign of regulators’ growing concerns about the emerging technologies.