The Federal Reserve did what investors expected on Wednesday by raising interest rates for the first time in three years. Then Chairman Kevin Warsh delivered a surprise — a decidedly hawkish message that opened the door to additional rate hikes as the central bank looks to snuff out stubbornly high inflation. The Fed on Wednesday…
Washington — The potential danger artificial intelligence poses to humans is “probably greater” than the threat posed by nuclear weapons, Sen. Bernie Sanders of Vermont said Tuesday. Sanders made the comments in an interview with CBS News political correspondent Caitlin Huey-Burns ahead of his speech at the Pro-Human Assembly conference on AI. Sanders said he…
Washington — Steve Bannon, one of President Trump’s earliest advisers, and independent Sen. Bernie Sanders may stand on opposite sides of the political spectrum, but both will be speaking at a gathering Tuesday to press for guardrails for AI. The two — along with a bipartisan group of members of Congress — will be appearing…
David Sacks, a key adviser to President Trump on technology, told CBS News he believes that fears about artificial intelligence’s potential threat to humanity are overblown and that, while caution is warranted, development of AI should continue. “I think this is becoming a panic,” he told CBS News senior business and technology correspondent Jo Ling…
Calls for a slowdown in artificial intelligence development sparked a global sell-off in technology stocks on Monday, as investors fretted over the sustainability of spending in a sector that has driven financial markets to record highs. The tech-heavy Nasdaq Composite Index slumped roughly 1% in early trading, with the broader S&P 500 falling 0.6%. The blue-chip…
The two measles-related deaths in Pennsylvania last month involved infants, and the virus itself caused one of the deaths, a Pennsylvania coroner confirmed Wednesday. Lancaster County’s coroner, Dr. Stephen Diamantoni, said he told the U.S. Centers for Disease Control and Prevention of his conclusions. CDC officials, however, have not said whether they will count either…
President Trump on Thursday named Adam Telle, a civilian leader in the U.S. Army Corps of Engineers, as the acting Army secretary, following the resignation of Dan Driscoll earlier this week. Telle is currently the assistant secretary of the Army for civil works. But he spent more than 20 years working for Republican senators, and…
Boston — A federal judge on Thursday pressed the Justice Department on the Trump administration’s plans to impose new regulations for mail voting just weeks before the November midterms and echoed concerns that the measures could result in the disenfranchisement of voters. Lawyers for the government and a group of Democratic-led states, joined by voting…
10m ago Iranian state TV says 4 killed by U.S. strike on wedding party in country’s south Iran’s IRIB state television network reported Wednesday that a wedding celebration in the southern province of Hormozgan was struck by three missiles, killing at least four people and leaving dozens more wounded. The Iranian foreign ministry earlier…
The head of the U.S. military’s Central Command, Adm. Brad Cooper, has echoed President Trump’s insistence that the Strait of Hormuz shipping lanes are clear of sea mines, saying they are “open, and momentum is building.” He acknowledged, however, that vessels still seek direct U.S. military protection to use the vital waterway, which Iran has…
