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Bank of England MPC member Greene said AI could produce a negative supply shock in the short term, but may have a positive effect over the long term.

2026-10-08

Bank of England MPC member Greene said AI could produce a negative supply shock in the short term, but may have a positive effect over the long term.

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2026-10-08

The British pound fell below 1.32 against the US dollar, down 0.08% on the day.

The British pound fell below 1.32 against the US dollar, down 0.08% on the day.
2026-10-08

Trump will attend an AI science conference Thursday where the White House will unveil the "Genesis Mission": industry commitments totaling more than $1 bln from AMD, OpenAI and Anthropic to build a compute-hub network across 10 Southeastern U.S. stat

Trump will attend an AI science conference Thursday where the White House will unveil the "Genesis Mission": industry commitments totaling more than $1 bln from AMD, OpenAI and Anthropic to build a compute-hub network across 10 Southeastern U.S. states. The plan includes a $1 bln Georgia investment to provide compute resources for students and faculty and will involve more than 14 institutions. The National Science Foundation and Department of Energy will invest over $100 mln to develop AI-driven scientific research tools.
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