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Republicans seek new oversight of online speech while boosting AI

Republican lawmakers have introduced legislation over the last week that could give the federal government a tighter grasp on some tech platforms, while easing up government scrutiny on artificial intelligence.    The Republican-led House Energy and Commerce Committee’s budget reconciliation bill was introduced Tuesday and would give the federal government …

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Consumer sentiment fell again in May amid inflation worries, tariff uncertainty

Federal Reserve Chair Jerome Powell discussed how the central bank’s policy framework could adjust to more volatile inflation and more frequent supply shocks. (Credit: Bloomberg) U.S. consumer sentiment continued to decline in May as Americans’ expectations about future inflation rose and concerns persisted about the effect of President Donald Trump’s tariffs. …

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