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Markets risk underpricing the scale of rate hikes, analysts sayMarkets risk underpricing the scale of rate hikes, analysts say

Markets risk underpricing the scale of monetary tightening, analysts argued, as central banks around the world adjust to a worsening inflation outlook. The world is entering a “globally synchronised rate hiking cycle,” Deutsche Bank analysts wrote, and “recent trends in commodity prices will push inflation higher still.” Perceived as being ...

Paramount settles US states’ lawsuits, clearing way for Warner Bros. takeoverParamount settles US states’ lawsuits, clearing way for Warner Bros. takeover

Paramount settled lawsuits brought by 12 US states Monday, paving the way for David Ellison’s $110 billion takeover of Warner Bros. Discovery. The states had argued that the acquisition would give Paramount too much control over the movie and cable TV industries. The deal provides certain editorial protections for CBS ...

OpenAI calls for global US-led coalition on AI safetyOpenAI calls for global US-led coalition on AI safety

OpenAI on Monday called for the US to lead an international coalition to coordinate global AI standards, as discussion of the technology’s risk and promise looms over this week’s UN General Assembly. The call comes as Washington pursues tentative outreach with China on coordinating AI developments, including through a possible ...

Democrats’ Gaza reckoning: how failing to give Palestinians a voice came back to bite the partyDemocrats’ Gaza reckoning: how failing to give Palestinians a voice came back to bite the party

Voters rejected many establishment choices this year in favor of candidates pushing accountability for Gaza, writes Akbar Shahid Ahmed The last time she gathered with fellow Democrats for a pre-election national convention, Georgia state representative Ruwa Romman got an unspoken message from the party establishment: on their biggest stage, she ...