Top Fed official warns on risk hedge funds pose to $30tn Treasury market

Proposed changes to AI Act would make it easier for tech firms to use personal data to train models without consent The European Commission has been accused of “a massive rollback” of the EU’s digital rules after announcing proposals to delay central parts of the Artificial Intelligence Act and water down its landmark data protection regulation. If agreed, the changes would make it easier for tech firms to use personal data to train AI models without asking for consent, and try to end “cookie banner fatigue” by reducing the number times internet users have to give their permission to…

Lendlease and Canada’s biggest pension fund consider offloading 900 apartments in Elephant Park development Source link

Officials are reportedly taking their time on US president’s long-promised chips plan to avoid a rupture with China US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of Donald Trump’s economic agenda. Officials relayed these messages over the last several days to stakeholders in the government and private industry, according to two people with direct knowledge of the matter and a third person briefed on the conversations. A fourth person following the matter also said the administration was taking a more cautious approach to avoid provoking China. The discussions have…