The Scoop Michigan Democratic Senate nominee Abdul El-Sayed is going after Republican opponent Mike Rogers’ healthcare record in a new ad, timed to land as Rogers takes the stage at Republicans’ midterm convention, according to details first shared with Semafor. The ad will run statewide as part of a $2.3 ...
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ECB hikes interest rates amid inflation risksECB hikes interest rates amid inflation risks
The European Central Bank raised interest rates. Will the Fed follow? A quarter-point increase in baseline borrowing costs across the bloc came as officials warned of “upside” inflation risks and oil prices shot above $100 a barrel. Fed-funds traders are putting 64% odds that the Fed will do the same ...
European Central Bank expected to raise ratesEuropean Central Bank expected to raise rates
The European Central Bank is widely expected to raise interest rates, with the Iran war still pushing prices up. Eurozone inflation is at 3.3%, well above target, energy inflation is at 14.3%, while European bond yields are at multi-decade highs, CNBC reported. Europe is not alone: The ongoing Middle East ...
Trump pledges $5,000 voter payout if Republicans win the midtermsTrump pledges $5,000 voter payout if Republicans win the midterms
US President Donald Trump promised to give every American $5,000 if Republicans retain control of Congress in November’s midterm elections, comments that critics said underscored his party’s weakness ahead of the vote. Trump’s unpopularity — an average of polls show just 38% of Americans approve of him — has weighed ...
Top AI pioneers reaffirm Anthropic researcher’s human extinction warningTop AI pioneers reaffirm Anthropic researcher’s human extinction warning
Top AI pioneers backed an Anthropic researcher’s warning of potential human extinction. Paul Christiano — author of an influential 2016 paper on AI safety with future Anthropic founder Dario Amodei and a longstanding believer that the technology would take off relatively gradually and be made safe — said he now ...
Chinese inflation accelerates for first time in monthsChinese inflation accelerates for first time in months
China’s inflation accelerated for the first time in months, compounding the economic difficulties for millions of people. Higher energy and food prices pushed inflation up, adding to cost worries in a country that until recently was threatened with deflation. Analysts fear that a protracted conflict in the Middle East could ...
Trump sees end to Iran war “immediately” after midterm electionsTrump sees end to Iran war “immediately” after midterm elections
US President Donald Trump said the Iran war would end “immediately” after November’s midterm election, contradicting the analysis of experts and even some of his closest advisors. Top White House officials, including the vice president and the secretary of state, have reportedly told Trump that Iran would resist the US ...
EU unveils new ‘Made in Europe’ guidelines to counter ChinaEU unveils new ‘Made in Europe’ guidelines to counter China
The European Commission rolled out new “Made in Europe” guidelines Wednesday to protect the continent’s manufacturers from Chinese competition, though some worried a lack of binding quotas would undermine their efficacy. Nine Chinese companies selling robotic lawnmowers are targeting the EU, given China’s lack of lawns, underlining the extent to ...
Republicans kick off ‘Trump-a-Palooza’ midterm conventionRepublicans kick off ‘Trump-a-Palooza’ midterm convention
The Republican Party kicked off its first-ever midterm convention in Dallas Wednesday, nicknamed a “Trump-a-Palooza,” as party figures bet President Donald Trump’s center-stage performance can lift their fortunes despite his record-low approval ratings. Believed uniquely capable of energizing the party’s base, Trump will give two televised speeches at the two-day ...
Anthropic skirts UK safety review amid rising AI transparency concernsAnthropic skirts UK safety review amid rising AI transparency concerns
Anthropic declined to submit its latest model for testing to a top British AI safety institute, sparking fears in the UK that reviews of frontier AI would become the sole province of Washington. Concerns are also growing about the lack of transparency around the Trump administration’s AI security framework that ...