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Surging US energy shares reflect robust growth, inflation worries – Investing.com

Louis Krauskopf NEW YORK (Reuters) – U.S. energy stocks are soaring as investors look to protect their portfolios from a worrying resurgence in inflation while benefiting from higher oil prices and a better-than-expected economy. The energy sector is up about 17% in 2024, roughly doubling the year-to-date return of the broader index. Its rally has […]

Bitcoin ETF activity to remain robust until the halving: Santiment – Cointelegraph

Spot Bitcoin exchange-traded fund (ETF) flows are likely to remain high until the Bitcoin halving at the end of this month, according to on-chain analytics firm Santiment. The blockchain data firm observed that Bitcoin ETF volume has not slowed down since hitting an all-time high in mid-March. to add “Trader activity remains significantly higher than […]

Larry Summers predicts AI threatens robust US job growth

Thomas Siebel said at the World Economic Forum’s annual meeting in Davos, Switzerland, that artificial intelligence is the fastest growing area of ​​the information technology industry in the last 40 years. told. The U.S. labor market remains strong after a historically tight year over the past year, but recent comments from prominent economist Larry Summers […]

Public Trust in AI Plummets Globally Driving Support for Robust Regulation

As AI technology advances rapidly, public trust in AI companies and their development has plummeted, raising concerns about the need for effective governance and regulation. Americans who identify as Republicans reported the lowest level of trust in AI systems, at just 24%. Axios report Public trust in AI companies and their products has taken a […]

Biden health summary released by White House, president called ‘healthy, robust’

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