Author: Action News 7

The White House has run a very public campaign for the nomination of the next chairman of the Federal Reserve. Treasury Secretary Scott Bessent has been open about how swiftly he would like to see a name chosen and shared with the public, while President Trump has been transparent about the individuals in contention. One motivation for the candor is a bid to shift focus away from current chairman Jerome Powell, who has grated on the Oval Office by refusing to cut rates as fast as Trump might have liked.With this in mind, Bessent in particular has lobbied to announce…

Verizon’s “argument was pretty weak” Roach said he did not consult with a lawyer on his small claims case, instead opting to do it all himself. “The first time I showed up to court for the original date, they asked for proof of the returned mail summons, and I did not have that,” he said. The court hearing was rescheduled. When it was eventually held, the carrier sent a representative to argue against Roach. “Their argument was pretty weak, I guess,” Roach said. “It was basically like, ‘Well, he didn’t pay the two months of service, so we didn’t unlock…

Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter.There’s concern that the National Economic Council director is too close to the president, the sources said, something that ironically made him the frontrunner to replace current chair Jerome Powell in the first place. The pushback could help explain why interviews with candidates were cancelled in early December and then, at least for Warsh, rescheduled for last week.After telling reporters that…

I’ve used my Oura Ring the past few years to track my sleep, recovery and stress. I’m constantly experimenting with the latest health tech, so I was naturally intrigued when Oura Ring recently partnered with Dexcom’s Stelo, a continuous glucose monitor designed to help everyday people like me understand how food and general eating habits affect our blood sugar and overall health. “By combining Stelo data with Oura’s existing insights, we’re empowering members to better understand the cause-and-effect relationships between eating patterns, energy, mood and recovery — and ultimately make sustainable, science-backed lifestyle changes,” said Maz Brumand, vice president of product for Oura. I…

Nvidia has made a fortune supplying chips to companies working on artificial intelligence, but today the chipmaker took a step toward becoming a more serious model maker itself by releasing a series of cutting-edge open models, along with data and tools to help engineers use them.The move, which comes at a moment when AI companies like OpenAI, Google, and Anthropic are developing increasingly capable chips of their own, could be a hedge against these firms veering away from Nvidia’s technology over time.Open models are already a crucial part of the AI ecosystem with many researchers and startups using them to…

President Donald Trump addresses the Fed rate cuts and inflation in a roundtable with business leaders. Traders on the prediction market platform Kalshi place the odds of President Donald Trump selecting Kevin Warsh to succeed Federal Reserve Chairman Jerome Powell at 42%, a 27 percentage point increase this week. Kevin Hassett remains the frontrunner to lead the world’s most powerful central bank, holding a 50% chance despite a 20-point drop.The trading volume, or the total dollar amount wagered on this market, is a little over $10.2 million. TRUMP SAYS HE’S CHOSEN NEXT FED CHAIR AS AFFORDABILITY PRESSURES RISE Christopher Waller’s…

Merriam-Webster has settled on a word that represents 2025 — and that word is “slop.” The dictionary-maker defines “slop” as “digital content of low quality that is produced usually in quantity by means of artificial intelligence,” something that many people have become familiar with as AI-generated content permeates the internet.This year, some of the most popular sites on the web took steps to stave off the infestation of AI slop, including YouTube, Wikipedia, Spotify, and Pinterest. But others are embracing it, as both Meta and OpenAI made apps dedicated to streams of AI-generated videos that you can scroll through and…

Published: Dec. 15, 2025 at 11:12 a.m. ETOracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse.The company’s standing in the equity and credit markets has taken a hit. Shares of Oracle ORCL have dropped 15% since Wednesday’s close, including a 4% drop in Monday trading. All the while, Oracle’s five-year credit-default swaps (CDS) —a key indicator of credit risk — have been surging.

Por KIMBERLEE KRUESI y AMANDA SWINHART PROVIDENCE, Rhode Island, EE.UU. (AP) — La policía renovó su búsqueda el lunes del pistolero que mató a dos estudiantes de la Universidad de Brown e hirió a otros nueve, un día después de que liberaran a una persona de interés tras determinar que las pruebas apuntaban “en una dirección diferente”. Las autoridades anunciaron la liberación del hombre en una conferencia de prensa el domingo por la noche, marcando un revés en la investigación del ataque del sábado en el campus en Rhode Island. Se desmoronó el progreso que las autoridades pensaban que habían…

A specter is haunting Europe—the specter of aging. Many Western countries are facing what the World Bank calls a “profound demographic crisis”: The twin perils of an aging population and record-low fertility rates are predicted to send their populations plunging in the coming decades.  The worst consequences of this demographic shift, per the World Bank, are economic. Soon, the shrinking working population in the U.S., Canada, or Germany won’t be able to meet their own constant demands for high-quality goods and services. These rich, elderly countries will have to make a hard choice for economic survival: force people to work…