Browsing: slowdown

BANGKOK/WASHINGTON, Oct 13 (Reuters) – The International Monetary Fund warned on Tuesday against “complacency” in global financial markets, citing risks from an artificial intelligence-driven selloff, rising government bond yields, or cyberattacks as potential threats facing still-resilient markets.

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The US jobs market saw a sharp slowdown in September, with employers adding just 29,000 jobs in the final update before the midterm elections.

Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worry

Over the weekend, Anthropic CEO Dario Amodei called for frontier AI labs to slow down development for fear that AI models will get exponentially more capable before proper safeguards are in place. OpenAI CEO Sam Altman quickly echoed the sentiment and backed “consistent rules to manage frontier risk.”

ServiceNow shares jumped 6.4% in Monday regular trading, with the stock quoted at $140.98 as investors shifted toward software while unloading AI infrastructure names. ServiceNow (NYSE:NOW), the enterprise-workflow and automation software provider, stood out as money moved away from the semiconductor trade. Reuters reported that ServiceNow and Adobe gained more than 3% while the Philadelphia…

Urgent calls for a slowdown in the development of artificial intelligencemay cite a grave threat to humanity, but China says the warnings are instead aimed at slowing its progress as America’s rival superpower

Texas (KLTV) – “For Sale” signs are lingering across East Texas neighborhoods as climbing interest rates, surging insurance costs, and persistent inflation keep many prospective homebuyers on the sidelines

Consumer spending growth will be sluggish in the months ahead as the springtime growth was likely due to the federal tax refund spending