How the U.S. government is regulating AI
The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna,…
CEOs bemoan archaic systems in Europe that curb climate solutions
Steam rises from the Niederaussem coal-fired power plant operated by German utility RWE, which stands near open-pit coal mines that feed it with coal, on November 13, 2017 near Bergheim,…
What Thailand’s new coalition government means for the cannabis market
A cannabis store along Khao San Road in Bangkok, Thailand, on Sunday, Sept. 10, 2023. Thailand decriminalizing cannabis before passing the bill to regulate wider uses of the plant, has…
‘AI is transformative for the geopolitical order,’ political scientist Ian Bremmer says
Artificial Intelligence will have significant impacts on geopolitics and globalization, Ian Bremmer told CNBC. Leigh Vogel | Getty Images Entertainment | Getty Images Artificial Intelligence will have a significant impact…
China hits Alibaba affiliate Ant Group hit with $985 million fine
Regulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images China’s central bank hit Alibaba affiliate Ant…
Smaller banks likely to be exempt from higher capital rules
Federal Reserve Chairman Jerome Powell prepares to testify during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen Building…
OpenAI CEO Sam Altman reverses threat to cease European operations
Sam Altman, president of Y Combinator, pauses during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty…
Britain could see crypto regulation in 12 months, lawmaker says
Britain could introduce specific laws aimed at regulating the cryptocurrency industry in the next 12 months, a top lawmaker told CNBC. The U.K. government laid out plans in February to…
What investors need to know about crypto ‘staking’
Not six months ago, ether led a recovery in cryptocurrency prices ahead of a big tech upgrade that would make something called “staking” available to crypto investors. Most people have…
Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses
Wells Fargo agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau over customer abuses tied to bank accounts, mortgages and auto loans, the regulator said Tuesday. The…