Tobias Burns

Housing and high finance are the two sectors of the economy where government regulation of artificial intelligence (AI) is most needed, a House Financial Services Committee working group has concluded after a series of meetings with industry players. The working group said the committee should “play a leading role in overseeing the adoption of A.I....

International Monetary Fund (IMF) chief Kristalina Georgieva urged U.S. policymakers Thursday to take advantage of the U.S. recovery from the pandemic and pay off the deficit. Georgieva said policymakers should put the U.S. national deficit on a “decisive downward path,” in part to ensure investors do not start losing interest in U.S. treasuries. She complimented...

The Biden administration and Democratic lawmakers are going all in on antitrust ahead of the election as prices loom 20 percent above where they were just a few years ago and confidence in the president’s handling of the economy sags. Democrats are making a full-court press to deflect voters’ sour mood on the economy onto...