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Warren Buffett steps down as Berkshire Hathaway chairman13:26 Warren Buffett is stepping down as chairman of Berkshire Hathaway after serving in the role for more than 50 years Muslim region in southern Philippines holds first elections12:53 A predominantly Muslim region in the southern Philippines has held its first elections for a regional parliament following years of delays, moving it closer to self-rule after decades of insurgency and violence Tech CEOs call for AI regulation. Trump and Congress are not rushing to act12:53 The technology industry is urgently warning about the potential harm of artificial intelligence, but political inaction in Washington poses a challenge China can block citizens from leaving over national security or tech export violations12:53 China has introduced new border control rules that could ban citizens from leaving the country if they engage in illegal activities threatening national or industrial security Federal Reserve is expected to raise its benchmark rate, defying Trump's demands12:53 The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands Russia's wartime economy faces long-term erosion from debt and military spending8:37 The frictions in Russia’s wartime economy are growing, as massive military spending balloons the budget deficit Africa's urban waste crisis is outpacing infrastructure investment and choking neighborhoods6:29 Johannesburg is struggling with a deepening waste crisis marked by unreliable collections, rapidly shrinking landfill space and a rise in illegal dumping Anthropic says its model Claude is helping to build the next version of itself4:20 Anthropic has announced that its AI model, Claude, is significantly aiding in the development of building its successor The king and AI: UK monarch Charles meets artificial intelligence leaders as safety concerns swirl3:48 King Charles III has urged AI leaders to keep artificial intelligence under control and beneficial for people and the planet Trump administration allows inadvertent killing of endangered species23:01 Inadvertently killing endangered animals while logging a forest or building a dam would no longer be considered illegal under a new interpretation of the Endangered Species Act Why the Federal Reserve is lifting rates now, and what it means20:54 About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%15:02 Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7% |