Exclusive / AI is an inflation problem, Fed’s Goolsbee says - Semafor
Inflation tied to the AI boom is “jumping out of its lane” and starting to push up prices in unrelated corners of the economy, Chicago Fed President Austan Goolsbee said.
Inflation tied to the AI boom is “jumping out of its lane” and starting to push up prices in unrelated corners of the economy, Chicago Fed President Austan Goolsbee said.
China’s leadership doubled down on an anti-corruption drive that analysts say has variously sought to purge the top echelons of the Communist Party over graft and consolidate Xi Jinping’s power. The Party said it had expelled 33 officials from its senior ranks and elevated the fo...
A bipartisan group of House lawmakers is raising concerns with the Treasury Department about reports that Meta is claiming a research tax credit for its data center buildout, according to a letter shared first to Semafor.
A few months after he was pushed out as executive producer of 60 Minutes, Bill Owens first watched Johnny Harris’ YouTube channel, where the former Vox star makes gorgeously produced documentaries on subjects from China’s industrial sector to the Iran war. Owens “basically cold-c...
RSVP: Semafor Haus @ Davos | 2027 Semafor
All eyes would normally be on Riyadh this time of year, when the titans of finance make their annual pilgrimage to FII, pontificate on the global economy, and meet one of their most important clients: the Saudi monarchy. Then come the less buzzy stops in Abu Dhabi, Kuwait, someti...
In August, I wrote about the use of AI in guest columns published in major news outlets, including by Dartmouth Provost Santiago Schnell. This week, he resigned.
READING, Penn. — Both parties expect Pennsylvania Democratic Gov. Josh Shapiro to win reelection next week, and he’s barnstorming his state to give his party a governing trifecta for the first time in 34 years.
Executives spend so much time these days worrying about the businesses AI might destroy that we can overlook the new businesses it will create. Here’s one from Hasbro: Mr. Potato Head, voiced by the late Don Rickles, answering your customer-service calls.
A slew of top international sporting events is coming to East Africa, which governments are betting on to provide an economic boost and attract foreign investment. Despite a strong growth forecast for the region, unemployment among the fast-growing youth population remains stubbo...
Luna, Phoenix, Queen by Julie Orringer.
The US upped the pressure on its ostensible allies as part of its push for a truce in the Russia-Ukraine war. Kyiv has paused its strikes on Russian refineries at the behest of Washington, which is trying to corral runaway fuel prices, The Wall Street Journal reported, while Reut...
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Senate Minority Leader Chuck Schumer is launching a post-Election Day war room to guard against efforts by Trump to “steal the election,” vowing Democrats will fight “every step of the way” in a letter to the Democratic Caucus shared first with Semafor.
The Trump administration on Thursday suspended more than a half-dozen tech companies, including Microsoft, from the program that allows permanent hiring of foreign workers — escalating its long-simmering clash with the tech industry over immigration.
A Silicon Valley nonprofit close to the AI safety movement is pledging $10 million by the end of 2027 to fund mainstream and independent coverage of artificial intelligence.
Brazil’s incumbent left-wing president faced off against his favored right-wing challenger Sunday in a narrow runoff election that will determine the direction of Latin America’s largest economy.
Anthropic is now SpaceX’s biggest customer Semafor