President Trump and his family reaped vast financial rewards from a memecoin that generated losses for hundreds of thousands of investors.
Category: Regulation and Deregulation of Industry
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Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big
The New York Times – Business: -
Fed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago
The New York Times – Business:The Federal Reserve chairman, Kevin Warsh, stressed that the central bank would “deliver price stability,” a point he has emphasized repeatedly since taking over in May.
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Anthropic Won a Reprieve From the Trump Administration. Is It Enough?
The New York Times – Business:The company can restore access its most powerful A.I. models. But Silicon Valley remains worried about the Trump Administration’s heavier hand on regulation.
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How the Supreme Court Ushered in Corporate Chaos in D.C.
The New York Times – Business:Though the high court affirmed the political independence of the Federal Reserve, it gave the presidency huge control over dozens of federal regulators.
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Uber Enacts Stricter Background Checks for Drivers
The New York Times – Business:The changes come after The New York Times revealed that the ride-hailing giant approved drivers with many types of criminal convictions, including violent felonies.
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Apple, Micron, OpenAI and A.I.’s Rough Summer
The New York Times – Business:Rising memory prices, more expensive iPads and a longer wait for OpenAI to go public: The sector that has driven markets skyward is hitting turbulence.
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Your Home Could Help Solve AI’s Growing Power Demand
The New York Times – Business:Tesla, Sunrun and Renew Home plan to tap solar panels, batteries, thermostats and other devices installed in millions of homes to meet the energy demands of artificial intelligence.
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Tesla Crash That Killed a Texas Woman Will be Investigated by Federal Regulators
The New York Times – Business:The car’s driver-assistance system was in use when the crash killed a woman on Friday, the police said.
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Is China Closing the A.I. Gap Faster Than Expected?
The New York Times – Business:Silicon Valley and corporate America are increasingly turning to cheaper, open-source artificial intelligence models built in China.
