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Fed Safest to Do Nothing Here, Says JPMorgan’s David Kelly

Jun 10th, 2026 Fed Safest to Do Nothing Here, Says JPMorgan’s David Kelly David Kelly, chief global strategist at JPMorgan Asset Management, says there’s a good chance that May “will actually turn out to be the high-water mark for inflation in this cycle” as he examines what the CPI report means for Federal Reserve policy at the June meeting.

Bloomberg Markets 11h ago

SafeSteer: Localized On-Policy Distillation for Efficient Safety Alignment

new Abstract: Aligning Large Language Models (LLMs) with human values often degrades their general capabilities, termed the alignment tax. Existing methods mitigate this by balancing dual objectives, which heavily rely on massive general-purpose data or auxiliary reward models. In this paper, we argue that, because safety features are inherently sparse within the output distribution, alignment requires localized modifications rather than global trade-offs.

arXiv CS 8d ago

Trump announces 'rally to end all rallies' in DC to celebrate America's 250th anniversary

President Donald Trump announced Thursday that he will hold a massive rally in Washington, D.C., later this month to kick off the nation’s 250th anniversary celebration. Trump said in a Truth Social post that the event would feature guest speakers and musical performances as part of what he described as a "rally to end all rallies. ""On Wednesday, June 24th, at 7 P.M., in magnificent Washington, D.C., now totally beautified, and one of the Safest Cities anywhere in the World, and in...

Fox News Politics 6d ago

Ecuador’s disappeared: Inside one family’s search for answers

Not long ago, Ecuador was one of the safest countries in Latin America. Now, it is one of the deadliest. Violent drug cartels have arrived from around the world — from Mexico to the Balkans — to secure cocaine trafficking routes to the coast.

Al Jazeera 6d ago

Prince Edward and Duchess Sophie 'quietly pleased' at royal recognition as they secure 'future of the monarchy'

Prince Edward and Duchess Sophie 'quietly pleased' at royal recognition as they secure 'future of the monarchy' EXCLUSIVE: The Duke and Duchess of Edinburgh have taken on more of an active royal role in recent years, supporting the King and the monarchy both at home and abroad - despite not always wanting to be senior working royals The Duke and Duchess of Edinburgh are often regarded as some of the Royal Family’s safest pairs of hands, quietly keeping up with duty and being an invaluable...

Daily Mirror 1d ago

Trump announces 'rally to end all rallies' in DC to celebrate America's 250th anniversary

President Donald Trump announced Thursday that he will hold a massive rally in Washington, D.C., later this month to kick off the nation’s 250th anniversary celebration. Trump said in a Truth Social post that the event would feature guest speakers and musical performances as part of what he described as a "rally to end all rallies. ""On Wednesday, June 24th, at 7 P.M., in magnificent Washington, D.C., now totally beautified, and one of the Safest Cities anywhere in the World, and in...

Fox News 6d ago

China police officers dig through sand with bare hands to search for Taiwan tourist’s lost phone

Chinese police officers dug through sand with their bare hands to search for a Taiwan tourist’s lost phone, winning widespread online applause. Having successfully retrieved her phone, the woman presented her Taiwan resident travel permit in front of the camera and exclaimed “We, China is the safest country in the world”. The woman, surnamed Tsao, lost her phone around 11pm in the Singing Sand Dunes tourist site in Dunhuang, northwestern China’s Gansu province, on May 15.

South China Morning Post 12d ago

Monzo launches new credit card for customers who struggle to access lending

Monzo launches new credit card for customers who struggle to access lending Exclusive: The Flex payment option will be aiming to help some people rebuild their credit file - Bookmark - CommentsGo to comments Digital bank app Monzo has expanded its credit card offering to aid people with poor credit scores, offering users a pathway to improve their files and lending ability over time. The Flex Build credit card is already in operation, but a new partnership with charity Fair4All Finance will...

The Independent UK 2d ago

Are bank text codes enough to protect you?

Bank security can feel confusing because every account seems to handle it differently. One bank sends a text. Another sends an email.

Fox News Tech 14d ago