Business Update

Investors are betting that the European Central Bank and the Bank of England will raise interest rates this year. Source link

In an unusual move, the Treasury secretary and the Federal Reserve chair gathered bank executives to caution about cyberthreats posed by artificial intelligence. Source link

The Treasury secretary and the Fed chairman reportedly summoned banking leaders to discuss the potential systemic risks of Anthropic’s new model. Source link

A former New York cabdriver who never lost his edge, he was co-publisher alongside Mort Zuckerman as he took on rival papers in the so-called tabloid wars. Source link

The Defense Department filed a formal notice that it intended to fight a federal judge’s recent rulings that its press restrictions were unconstitutional. Source link

Delta Air Lines, Amazon, the United States Postal Service and others have said they are raising prices amid higher energy costs connected to the war in Iran. Source link

Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to pay a lot for them. Source link

His wee-hours show “Night Talk” was a nationally syndicated stalwart, examining tough issues and spotlighting Black cultural and political stars. Source link

Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022. Source link

An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a “systemic” shortage. Source link