Browsing: USA

BENGALURU: Countries, mostly middle and lower-income, have been burdened by surcharges on top of interest payments on their borrowings from the International Monetary Fund, widening global inequities, according to a report by US think tanks. 

The latest macroeconomic data released by the US Department of Commerce indicates that the country’s economy could be moving towards stagflation, Business Insider has reported. The gloomy signs hint at tough challenges ahead, the outlet added.   

The chief executives of OpenAI, Microsoft and Google are among the high-profile members of a new federal board created to advise the US government on the “safe and secure” development of artificial intelligence.