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Fed will have “work to do” if inflation doesn’t fade, Warsh says in Jackson Hole speech

Federal Reserve Chairman Kevin Warsh reaffirmed the central bank’s commitment to lowering consumer prices, acknowledging that inflation remains too high in a highly anticipated speech in Jackson Hole, Wyoming. During remarks at the Fed’s annual conference, Warsh said that recent government data shows inflation has cooled, but “they do not tell me that underlying trends…

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OpenAI, Anthropic, tech leaders warn of “limited window” to defend against AI cyber threats

Leading developers of the most powerful artificial intelligence tools are warning that their technology may soon be used to carry out sophisticated cyberattacks against companies and institutions, ranging from hospitals to technology firms. In an open letter published Thursday, the leaders of OpenAI, Anthropic, Google, Microsoft and dozens of other signatories said there is a…

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