Writing the summary…
We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
Source: The Guardian
Original reporting
The Guardian: read the full reportRelated stories
CNBC
Trump's meeting with tech leaders leaves AI safety more unsettled than ever
Following Trump's lunch with AI leaders at the White House, the industry remains largely unchanged on AI safety.
CNBC
Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard
Mortgage demand dropped for the 7th straight week, as rates surged well over 7% on the 30-year fixed.
The Guardian
UK economy ‘slightly larger’ than previously thought; diesel on brink of £2 a litre for first time – business live
UK cements its place as fastest-growing G7 country so far this year This morning’s upgrade to UK growth in April-June is a boost to Andy Burnham, analysts say, even though he didn’t take office until almost a month later. Chris Beauchamp , chief market analyst at IG , says: “Still on a post-speech high, the upgraded figure is yet more good news for the UK’s still-new(ish) prime minister. The highest growth in the G7 for the first half is certainly a headline and one that will help keep nervous MPs in line for a while, plus it helps take off pressure for a new election - why risk it now when things appear to be improving nicely.” The upward revision to real GDP growth in Q2, from 0.4% q/q to 0.5% q/q, suggests that the economy has been a bit more resilient to higher energy prices in the first half of the year than previously thought. This resilience may continue into Q3, but we still expe
CNBC
Inside Man: How Chinese spies used lies, love and betrayal to target the Federal Reserve
A CNBC investigation shows how former Fed advisor John Rogers became entangled with a man U.S. officials identify as a Chinese intelligence operative.
BBC Business2 outlets
Household energy bills forecast to see biggest rise in four years
A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.
CNBC
Trump tries to rename AI 'super intelligence' as polls show him sinking on key issue
Trump shrugged when asked if he is concerned that his support for AI and data centers could hurt Republicans in the upcoming midterm election.