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Fed approves interest rate hike, signals one more to come this year
Source: CNBC
Original reporting
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CNBC
Anthropic, OpenAI proposed new 'neutral' AI watchdogs. Why you should worry about the idea
Anthropic and OpenAI are proposing embedded AI evaluators to help manage risk of models causing catastrophic harm to society, but the idea has some issues.
CNBC
10-year Treasury yield climbs back to 5% after Fed hikes rates, Warsh highlights inflation risks
The 10-year Treasury note yield traded near the key 5% mark after a Federal Reserve rate increase and comments from Chairman Kevin Warsh highlighting persistent inflation risks.
CNBC
Anthropic policy chief says AI companies can't be expected to operate on 'honor code'
Sarah Heck, Anthropic's head of public policy, offered her perspectives on AI safety as the debate about how to regulate model development intensifies.
CNBC
American Airlines says 30% of seats drive half of revenue as premium cabin rush heats up
American says a minority of its seats now accounts for half of its revenue.
CNBC
'Science fiction': Transport companies — the backbone of economy — are sounding alarm on fuel prices
Prices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday.
The Guardian
Amazon raises starting pay to $20 an hour and adds Whole Foods discount
Wage increase brings Amazon’s US minimum pay in line with Costco and includes new grocery discount benefit Amazon has raised its minimum wage in the US to $20 an hour, with average pay at the company reaching $24 an hour, according to the company. The pay increase represents a $1 increase from its starting level. Continue reading...