Wallstreetcn reported that UK 10-year gilt yields fell 10.8 basis points to 5.280% intraday during late European trading on September 16, while the 2-year yield dropped 14.5 basis points to 4.746%.
The long end also weakened, with the 30-year yield down 8 basis points and the 50-year yield down 10.1 basis points. The 2/10-year yield spread widened by 4.120 basis points to +53.687 basis points.
More than twenty lawmakers and governors interviewed say they rarely use artificial intelligence or have only limited exposure, highlighting the political push to regulate the technology.
The issue comes as federal and state leaders face mounting calls to curb AI development amid warnings from industry voices about potential risks and the speed of innovation.
Critics argue that without firsthand experience, policymakers cannot fully grasp AI's pace or its possible dangers. One House Democrat described the stance as absurd and said regulators should be frequent users of the technology to effectively oversee the field.
New York Fed data show the secured overnight financing rate (SOFR) at 3.64% on September 15, up from 3.62% the prior day. The effective federal funds rate remained unchanged at 3.63%.
The U.S. Department of Health and Human Services is planning an autism research initiative that will employ artificial intelligence and related technologies to chart how the condition progresses.
The program aims to uncover opportunities for earlier intervention, according to Bloomberg.
Illycaffè chief executive Cristina Scocchia said an initial public offering remains a strategic option for the coffee roaster, but the current environment is not conducive to a listing.
Speaking on Bloomberg Television, Scocchia said the company will re-evaluate all options, including an IPO, and will decide if, when and where to list once market conditions improve.
KKR & Co. has emerged as the leading bidder to acquire Logoplaste, a Portuguese packaging company, according to people familiar with the matter. Bloomberg reported the development.
JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among the lenders preparing to finance billions of dollars of European AI-related debt, Bloomberg reports.
The push comes as Europe races to close the gap with the United States in AI leadership and funding.
Two AI safety researchers have left Google DeepMind amid concerns that highly capable AI systems could threaten humanity. Josh Engels will join the independent research group METR to focus on alignment for large models, while Bilal Chughtai is moving to the nonprofit BlueDot Impact, which provides AI safety education courses.
Engels spent about a year at DeepMind and posted on X that there is a high likelihood of AI causing major harm within the next five years. He said he will work on large-model alignment at METR.
Chughtai spent 18 months at DeepMind and posted on X that AI carries a risk of destroying humanity. He has joined BlueDot Impact, which offers AI safety education programs.
The departures come as technology leaders face renewed calls to slow AI development and tighten regulation. Sina Finance notes these exits follow other notable departures from leading AI labs, including Jacob Coxon and Joe Benton leaving Anthropic.
TokenPocket and USDD have unveiled Gas Boost Season on TRON, running from September 15 through September 28. During the event, users can settle TRON gas fees in USDD and benefit from a 50% subsidy.
Participants who complete designated on-chain tasks can enter a leaderboard to share 5,000 USDD in rewards and may receive a KeyPal hardware wallet.
The initiative aims to broaden USDD usage for gas payments and stablecoin transfers on the TRON network.
The UK will recruit 500 officers as part of a £500 million three-year initiative to curb money laundering, per NS3.AI. The funding will back the development of a new Anti-Money Laundering and Asset Recovery Strategy.
The officers will be deployed across police forces, the National Crime Agency and the Crown Prosecution Service as part of the nationwide effort. The strategy is intended to build on ongoing work under Operation Destabilise.