Keep pulling the thread on Jerome Powell.
The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell regarding cost overruns on building renovations.
Republican Senator Tom Tillis of North Carolina stated he would not vote to confirm Kevin Warsh as Federal Reserve Chair until the criminal probe into Jerome Powell was concluded.
Intel's stock increased by 20.5% following its latest earnings report.
The investigation into Federal Reserve cost overruns, previously handled by the Department of Justice, has been transferred to the Fed's Inspector General.
White House Press Secretary Caroline Levitt confirmed that presidential envoys Steve Whitcoff and Jared Kushner will travel to Pakistan for talks with Iranian officials.
The Department of Homeland Security has been in a partial shutdown for 70 days due to a funding dispute over ICE and CBP.
Meta Platforms and Amazon have agreed to a multi-billion dollar deal for Meta to rent hundreds of thousands of Amazon's general-purpose chips for its AI initiatives.
Federal Reserve Chair Jerome Powell and the Treasury Secretary met with heads of major banks to warn them about a new AI system from Anthropic, named Mythos, which can autonomously discover novel cybersecurity vulnerabilities.
Kate Judge of Columbia University believes advanced AI systems like Anthropic's Mythos will likely detect significant vulnerabilities in banking software, posing a systemic risk of disabling cyberattacks.
The authorization for Section 702 of the Foreign Intelligence Surveillance Act (FISA) is set to expire within days, requiring imminent congressional action.
Israel and Lebanon have agreed to a three-week extension of their current ceasefire.
The ceasefire agreement between Israel and Lebanon does not formally include Hezbollah as a party to the truce.