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Fed's Daly says AI is not for now driving inflation up or down

Fed's Daly says AI is not for now driving inflation up or down June 4 : San Francisco Federal Reserve President Mary Daly on Thursday said that while she believes AI over a five- to 10-year window could be a deflationary force, the effect is "not a pressing issue" for monetary policy which operates on a 12-month horizon. Daly, at a Bloomberg Tech event in San Francisco, also said she also does not think that AI is behind the current rise in inflation, which being driven by higher tariffs...

Channel News Asia 5d ago

Fed’s Daly Says She’s Using All the AI Models She Can Get

The downtown skyline of San Francisco. Jason Henry/Bloomberg

Bloomberg Technology 5d ago

SF Fed's Daly on the Economic Impact of AI

Bloomberg Technology 5d ago

NHL redraws ASG to feature international teams

RALEIGH, N.C. -- The NHL All-Star Weekend will have an international hockey flavor after the success of the 4 Nations Face-Off and the Winter Olympics. The 2027 midseason classic, scheduled for Feb. 5-6 at UBS Arena in Elmont, New York, will feature teams representing Canada, Finland, Sweden, the United States and a "World" team comprising international players from countries outside of the other four teams. Deputy commissioner Bill Daly confirmed that Russian players will be permitted on...

ESPN 7d ago

Leaders of flood ravaged community say locals will return to no services

Nauiyu community leaders say residents will return to flood ravaged homes with no services Tue 9 Jun 2026 at 12:26pm In short: Nauiyu / Daly River's Aboriginal organisations say they will not be able to reinstate key services without the support of the NT and federal governments to help repair buildings and replace equipment. The community's Merrepen Arts Centre says residents will miss out on one of the few opportunities they have to generate private income. The NT government says it is...

ABC Australia 1d ago

Australia's biggest barramundi fishing competition under way after flood delay

Major fishing competition the Barra Nationals gets under way after six-week delay due to flooding Fri 5 Jun 2026 at 12:44pm In short: The country's biggest annual barramundi fishing competition is under way on the Northern Territory's Daly River. The competition, which has drawn in more than 150 competitors, was delayed by six weeks this year due to extensive flooding in the region. The winners of the competition will be announced on Sunday.

ABC Australia 5d ago

Nauiyu residents return to 'gut-wrenching' scenes of flood devastation

Nauiyu leaders race to bring services back online as first residents return to flood-ravaged community Fri 5 Jun 2026 at 7:19am In short: Residents of the Northern Territory town of Nauiyu / Daly River have started returning home after spending three months in evacuation centres following extensive flooding. While some buildings have been cleaned and repaired, others remain severely damaged. Residents and community leaders are looking to restart conversations about a proposal to relocate the...

ABC Australia 5d ago

Hall of Fame basketball coach Adelman dies at 79

Hall of Fame basketball coach Rick Adelman, who won more than 1,000 games over the course of a nearly 30-year career in the NBA, has died. Adelman was inducted into the Naismith Memorial Basketball Hall of Fame in 2021 and was awarded the Chuck Daly Lifetime Achievement Award in 2023. He served as the head coach for the Portland Trail Blazers, Golden State Warriors, Sacramento Kings, Houston Rockets and Minnesota Timberwolves, accumulating a record of 1,042-749 in the regular season.

ESPN 8d ago

Every month, my explosive rage would send shockwaves through my family. Then I got a diagnosis that changed everything

Mothers with PMDD (premenstrual dysphoric disorder) explain how it has affected their relationship with their familiesLaura Daly was six the first time she suspected something was wrong with her mum, Wendy. Furious at locking herself out of the house, Wendy reversed and rammed the car into their garage door once, twice, then three times, as Laura cowered silently in the back, her head flopping forwards with each smash. On the seventh smash, the garage door contorted just enough for Laura to...

The Guardian UK 11d ago