Democrat President Joe Biden's Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a grim, dystopian warning about artificial intelligence (AI). Gensler has warned that he fears AI technology could trigger global financial collapse. The SEC chair said during an interview with the New York Times that AI will…
The U.S. Federal Reserve has just announced fresh hikes to take interest rates to the highest levels seen since the eve of the 2008 financial crash. The Fed hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday. The move marks the 10th in a…