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Time magazine names 'Architects of AI' as its person of the year for 2025

Time magazine names 'Architects of AI' as its person of the year for 2025

The “Architects of AI” were named Time magazine’s person of the year for 2025
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Iran appeals to UN over 'tightening restrictions' on its diplomats in New York

Iran appeals to UN over 'tightening restrictions' on its diplomats in New York

DUBAI, Dec 11 (Reuters) - Tehran called on the United Nations to intervene in what it called the "tightening of restrictions on Iran's diplomatic mission to the United Nations in New York", according to a foreign ministry statement published on Thursday.
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ICE threatens family separation, indefinite detention to satisfy Trump deportation goal

ICE threatens family separation, indefinite detention to satisfy Trump deportation goal

By Ted Hesson and Kristina Cooke WASHINGTON, Dec 11 (Reuters) - The email from a U.S. immigration officer presented Kelly and Yerson Vargas with a stark choice: accept deportation to their native Colombia or risk being charged with a crime and separated from their 6-year-old daughter, Maria Paola.
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Gideon Sa'ar Dismisses New York Mayor-Elect's Threat Against Netanyahu

Gideon Sa'ar Dismisses New York Mayor-Elect's Threat Against Netanyahu

Gideon Sa'ar, Israel's Foreign Minister, has dismissed a threat made by New York City mayor-elect Zohran Mamdani to arrest Prime Minister Benjamin Netanyahu if he visits New York. In an interview with The New York Post, Sa'ar expressed skepticism about Mamdani's statement, suggesting it was not a serious consideration in Netanyahu's travel plans. Sa'ar also criticized Hamas for not disarming in line with a US-backed Gaza peace deal. The comments come amid ongoing tensions between Israel and various international actors over its policies and actions in Gaza.
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Divided Fed cuts rates as expected, but sees only one reduction in 2026

Divided Fed cuts rates as expected, but sees only one reduction in 2026

NEW YORK, Dec 10 (Reuters) - The Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation that "remains somewhat elevated.
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Private Equity's Role in U.S. Housing Crisis Intensifies Racial Wealth Gaps

Private Equity's Role in U.S. Housing Crisis Intensifies Racial Wealth Gaps

Private Equity's Role in U.S. Housing Crisis Intensifies Racial Wealth Gaps
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President Trump to Sign Executive Order Blocking State AI Laws Amid Bipartisan Pushback

President Trump to Sign Executive Order Blocking State AI Laws Amid Bipartisan Pushback

President Trump announced plans to sign an executive order that would prevent states from enacting their own AI regulations. This move comes after a failed attempt in the Senate to preempt state AI laws through a defense budget bill. The executive order aims to establish a unified national framework for AI regulation, arguing that state-level laws could create a fragmented regulatory environment that stifles innovation. Silicon Valley leaders, including OpenAI President Greg Brockman and AI czar David Sacks, support the order, citing the need for a consistent regulatory approach to maintain the U.S.'s competitive edge against China in AI development. The order would also establish an AI Litigation Task Force to challenge state laws and direct federal agencies to evaluate and potentially override state regulations.
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US stocks hold in place in the countdown to the Federal Reserve’s meeting on Wednesday

US stocks hold in place in the countdown to the Federal Reserve’s meeting on Wednesday

U.S. stocks largely held in place as Wall Street waits to hear what the Federal Reserve will say about interest rates
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FDA Expands Botulism Outbreak Investigation to All ByHeart Baby Formula Products

FDA Expands Botulism Outbreak Investigation to All ByHeart Baby Formula Products

Federal health officials have expanded an investigation into an outbreak of infant botulism linked to ByHeart baby formula. The U.S. Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) have included all illnesses reported since ByHeart began production in March 2022. The outbreak now involves at least 51 infants across 19 states. The FDA has not ruled out the possibility that contamination might have affected all ByHeart formula products. The outbreak was initially announced on November 8, with 39 suspected or confirmed cases reported in 18 states. ByHeart, a New York-based company, recalled all its products sold in the U.S. on November 11. The company accounts for about 1% of the U.S. infant formula market. The FDA has conducted inspections at ByHeart's production facilities in Iowa and Oregon, but results have not been released. Previously, ByHeart had a history of contamination issues, including a recall in 2022 due to cronobacter sakazakii contamination.
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Winklevoss twins' Gemini bags US license for prediction markets

Winklevoss twins' Gemini bags US license for prediction markets

Dec 10 (Reuters) - Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, said on Wednesday it had received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers.
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Coupang Faces U.S. Class Action Lawsuit Over Data Breach Affecting Millions

Coupang Faces U.S. Class Action Lawsuit Over Data Breach Affecting Millions

Coupang Faces U.S. Class Action Lawsuit Over Data Breach Affecting Millions
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Brad Lander Channels 'Mister Rogers' in Congressional Campaign Launch Video

Brad Lander Channels 'Mister Rogers' in Congressional Campaign Launch Video

Brad Lander, the outgoing New York City Comptroller, has launched his congressional campaign with a video that features a tribute to Fred Rogers, the beloved host of the PBS children's show 'Mister Rogers' Neighborhood.' In the video, Lander, who is challenging Rep. Dan Goldman for New York's 10th Congressional District, emphasizes themes of community and democracy, quoting Rogers on the importance of neighborly love. Lander criticizes the influence of wealth in politics, indirectly referencing Goldman's financial background. The video, which includes Lander singing a snippet of the 'Mister Rogers' theme song, aims to convey a message of unity and grassroots activism. Lander has received endorsements from progressive leaders, including Sen. Bernie Sanders and the Working Families Party.