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Fed Governor Stephen Miran Calls for ‘Large’ Rate Cuts Amid Rising Jobless Data

Federal Reserve Governor Stephen Miran said the U.S. economy needs “large interest rate cuts,” telling Fox Business on Tuesday that rising unemployment signals monetary policy is overly restrictive. Stephen Miran…

Continue ReadingFed Governor Stephen Miran Calls for ‘Large’ Rate Cuts Amid Rising Jobless Data

Ron Paul Warns the Fed’s ‘Fantasy Money’ Is Fueling the AI Bubble

Liberty Report host Ron Paul and co-host Chris Rossini say the U.S. economy is drowning in “everywhere bubbles,” pointing to runaway spending, a ballooning artificial intelligence (AI) build-out, and the…

Continue ReadingRon Paul Warns the Fed’s ‘Fantasy Money’ Is Fueling the AI Bubble

Anthropic Hits $350 Billion Valuation, Adding to Fears of an AI Bubble

The valuation follows a multi-billion-dollar deal with tech giant Microsoft and chipmaker Nvidia, and essentially doubles Anthropic’s previous value. Anthropic Valued at $350B After Closing Microsoft and Nvidia Deals: The…

Continue ReadingAnthropic Hits $350 Billion Valuation, Adding to Fears of an AI Bubble