Artificial intelligence giant Anthropic announced Thursday that it has appointed former Federal Reserve Chair Ben Bernanke to its Long-Term Benefit Trust. After being appointed by President George W. Bush, Bernanke served as Federal Reserve Chair from 2006 to 2014, presiding over financial crisis of 2008. In his new position Bernanke will be responsible for advising leadership decisions involving artificial intelligence risks and societal impacts as well as appointing Anthropic board members, according to Yahoo Finance. “He [Bernanke] joins an independent body that works to hold Anthropic to its mission: the responsible development of advanced AI for the long-term benefit on humanity,” Anthropic’s Thursday press release stated . …Open
Costco has revealed the “secret weapon” that continues to drive its business model, according to a Wall Street Journal (WSJ) report released Thursday — and it is as simple as paying its long-term workers well. Costco ranks highly among retailers in wages for hourly workers, with top pay for roles such as cashiers at $32.90 per hour, according to the report. Its base hourly rate of $19.50 remains the highest base floor among large non-specialty retailers in the United States. Other similar retailers fall behind Costco , especially for non-skilled positions. Walmart’s average hourly pay for field associates is $18.25, while its average hourly pay for supply chain associates is $27, according to its website . Lowe’s pays most…Open
Jamey Carney, a 43-year-old mother from New Yorker living in Ireland, was murdered in her home late Monday or early Tuesday, and the alleged suspect is her Arab migrant boyfriend, who is now on the run. Carney’s 13-year-old daughter found her mother hidden in her bed under a duvet on Tuesday morning in Killarney, County Kerry, Ireland, according to the Irish Sun . According to the New York Post , she had been beaten to death with multiple head injuries, and police were investigating reports that a loud argument had been heard in her house the previous night. The suspect, police believe, took a 3 a.m. bus after the murder, boarded a flight in Dublin, and flew to Turkey. An anonymous source told the Irish Sun that the suspect had…Open
Greetings, Dear Reader, There is nothing lately that’s more self evidently insane than your modern, urban leftist. Of all stripes, frankly. The oddest thing of all is how incapable (or unwilling?) they are of seeing it. NAKED MAN Ending my commuter relationship with public transit in Washington, D.C., a few years ago was a huge relief. Stepping on the train at almost any time of day was like playing roulette. Is it going to be this time? Or maybe on my way back? Whether it was passed out drug addicts, human filth encrusted vagrants, obviously insane people, or flat out criminals, the question always hung in the air: Is today the day I have to fight crime? Several, and I mean dozens, of rides in that final year seemed close. A couple…Open
'Like clockwork, just before a hearing or vote, we get another breathless accusation that one of President Trump’s nominees needs to be investigated,' Grassley stated.
One person died, three people were missing and 16 were rescued from the waters off San Francisco after a boat sank Tuesday afternoon while carrying mostly family members as part of a memorial service, authorities said. (AP) #Alcatraz #Boat #Sinking
Federal Reserve chairman Kevin Warsh is testifying on Capitol Hill for the second day Wednesday, this time before the Senate Banking Committee. - The combination of a few comments he made in Tuesday's hearing before the House and good June inflation data now in hand suggests a rate increase is unlikely at the Fed's meeting in two weeks, while its policy stance the remainder of the year is quite uncertain. Driving the news: The Labor Department on Wednesday morning released a favorable Producer Price Index reading, showing the overall index fell 0.3% in June, while a core index excluding food, energy and trade services was up a modest 0.1%. - It came on the heels of Tuesday's similarly disinflationary Consumer Price Index report . State…