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Powell and Warsh set to clash

Powell and Warsh set to clash

Federal Reserve Chairman Jerome Powell, and Federal Reserve Nominee, Kevin Warsh. Reuters When the Federal Open Market Committee gathers again in mid-June, it will mark the first time in nearly 80 years that a sitting and former chair conduct business together, a historic overlap that comes at a sensitive time for the central bank. While…

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China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why

China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why

The steering wheel on an Inceptio Technology autonomous truck in Jinan, Shandong Province, China, on Thursday, April 18, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — While AI updates make headlines every few weeks, those advances are not enough to get self-driving vehicles on the road more quickly. That’s according to Chinese autonomous trucking…

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