AI stocks are rebounding. One analyst says there’s no spending slowdown in sight.

Bessent Defends Faltering Bond Market Intervention

Stocks have so far survived rising Treasury yields. But that may be about to change.

Strong earnings growth has cushioned the stock market from rising yields. But ever-rising bond rates may eventually take a toll.

The Guardian view on the Bank of England’s £120bn bill: power without accountability | Editorial

Quantitative tightening has blurred the line between monetary and fiscal policy, leaving ministers accountable for decisions they cannot directly controlWhen Labour made the Bank of England independent in 1997, the idea was that the Bank set interest rates while the Treasury taxed and spent. Monetary policy was in Threadneedle Street, fiscal policy in Whitehall. But in August the Bank of England quietly slipped out that its key policy could cost the Treasury £120bn.

Could AI really wipe out humanity and hijack the internet?

We examine claims and counterclaims about the risks and calls to slow down the pace of AI developmentThere have been some shocking claims in recent days about AI safety: we face a 10% chance of doom; AIs are worse than nukes; a “botnet” threatens the entire internet; it’s all a big tech psyop. We look at six claims and reactions to them.