Kevin Warsh argues that the Federal Reserve cannot effectively fight inflation because market prices are influenced by global production and innovation, not monetary policy. He highlights how companies like Apple reduce costs through worldwide manufacturing, making products like the iPhone affordable. Warsh also notes that AI-driven productivity will create abundance but also raise prices for certain services due to increased wealth, a trend beyond the Fed's control. He dismisses traditional economic models like the Phillips Curve and emphasizes that inflation is a monetary unit shrinkage, which the Fed cannot manage through interest rate adjustments or credit control.
Inventors have filed a patent for the QAIAx TDC Model Code, establishing strict safety rules and a certification program for workers in AI-managed microcities housing 1,500 to 15,000 residents. This project, part of an NIH clinical trial, tests safe ...
Altcoins are showing renewed strength this week, with Ethereum attracting twice the capital inflows of Bitcoin and pushing the ETH/BTC ratio to its strongest weekly gain since August 2025. Ripple (XRP) is also up nearly 9%, reclaiming key price level...
A class action lawsuit has been filed against Insulet Corporation and some of its officers for allegedly making false and misleading statements about the company's manufacturing controls and product safety. The lawsuit covers investors who purchased ...
Binance experienced $1.23 billion in net outflows over one week, a 207% increase from the previous week, driven mainly by Ethereum withdrawals reaching their highest level in three years. The exchange has not provided any public explanation, raising ...
Cryptocurrency exchange MEXC has added a tokenized yield asset linked to Ondo, reflecting growing investor interest in real-world asset products within the crypto market. This move highlights the increasing integration of traditional financial assets...
