What a Trump, Powell faceoff means for your money

Ahead of the next Federal Reserve meeting later this month, tensions between the White House and the central bank have reached a fever pitch. On Wednesday, a senior White House official told CNBC and other news outlets that President Donald Trump was likely to soon fire Fed Chair Jerome Powell. Trump later denied those reports, although he said he…

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Meta says it won’t sign Europe AI agreement

Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code…

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