The Supremes said you can’t hurry love, and it turns out you can’t hurry regulations for artificial intelligence either. At least according to Federal Reserve Board Governor Michelle Bowman. In a recent speech on “Artificial Intelligence and the Financial System,” Bowman offered a slower approach to oversight of AI amid growing calls for governments around […]Read More
Consumer confidence has traditionally been one of the key measures of the health of the U.S. economy. But no longer. Consumer confidence is now a bogus statistic, suitable only for cherry picking a data point that sounds persuasive but really isn’t. In the first post-election snapshot of consumer attitudes, the results unsurprisingly showed that those […]Read More
Consumer confidence has traditionally been one of the key measures of the health of the U.S. economy. But no longer. Consumer confidence is now a bogus statistic, suitable only for cherry picking a data point that sounds persuasive but really isn’t. In the first post-election snapshot of consumer attitudes, the results unsurprisingly showed that those […]Read More
Consumer confidence has traditionally been one of the key measures of the health of the U.S. economy. But no longer. Consumer confidence is now a bogus statistic, suitable only for cherry picking a data point that sounds persuasive but really isn’t. In the first post-election snapshot of consumer attitudes, the results unsurprisingly showed that those […]Read More
Like an over-protective mother that believes no one deserves their child – at least when it comes to romantic happiness – the U.S. economy is never going to be quite good enough for the Federal Reserve Board to provide some economic delight. That was made clear earlier this month when Fed Chairman Jerome Powell held […]Read More
There are big things coming in the world of artificial intelligence. Not better self-driving cars or android personal assistants or even our robot overlords. The next big thing in AI will be government oversight and it is happening now. The U.S. Commerce Department sent out a media release in late October marking the one-year anniversary […]Read More
There are big things coming in the world of artificial intelligence. Not better self-driving cars or android personal assistants or even our robot overlords. The next big thing in AI will be government oversight and it is happening now. The U.S. Commerce Department sent out a media release in late October marking the one-year anniversary […]Read More
There are big things coming in the world of artificial intelligence. Not better self-driving cars or android personal assistants or even our robot overlords. The next big thing in AI will be government oversight and it is happening now. The U.S. Commerce Department sent out a media release in late October marking the one-year anniversary […]Read More
Most talk of an “October surprise” is focused on the U.S. Presidential election, but the International Monetary Fund may have beaten political operatives to the punch. In its October Financial Stability Report, the IMF painted a picture that should send a chill down the spine of consumers, investors and governmental officials with any lingering concerns […]Read More
If you believe the political pundits and prognosticators, Americans are tightly focused on the upcoming election and that means the economy is top of mind. The conventional wisdom, repeated every election cycle, is that people vote with their wallets and while other issues can animate the campaign, when it comes to politics, economics is king. […]Read More