The world is fascinated by how the ultrarich live and work. By arranging their travel, a 25-year-old Canadian who grew up in a log cabin gained a few insights, and one thing she learned is that the wealthiest customers aren’t the hardest ones to serve. Olivia Ferney, a luxury travel specialist who was named as…
The Federal Reserve raised its benchmark rate by 25 basis points on Wednesday, increasing the benchmark federal funds rate to a range of 3.75% to 4%. It was the first increase since 2023 and the first thing Kevin Warsh has done to interest rates since President Donald Trump handed him the chair role. The vote…
The world’s biggest tech leaders are drawing lines in the sand over whether AI development should slow its progress to protect against a potential catastrophe. Mark Zuckerberg just chose his side, distancing himself from the camp of AI safety hawks (and chief among them Anthropic CEO Dario Amodei) who have called for AI labs to…
Passengers and rideshare drivers alike are growing nervous about the future of autonomous cars, and Minneapolis is the latest city to place guardrails on the vehicles over worker and safety concerns. Four Minneapolis city councilors, nearly one-third of the body, proposed an ordinance that would prevent self-driving cars from operating on the road by themselves,…
Rep. Joyce Beatty, D-Ohio, accused the Kennedy Center of an “unexplained and unlawful closure” in a filing Wednesday.
The Fed raised its benchmark interest rate by a quarter point on Wednesday, the first hike since July 2023.