AI is killing worker confidence, but there’s no sign it’s muscling people out of their jobs on a massive scale
Mark Zuckerberg says we’re lucky to live in an “incredible moment,” but many workers are having a hard time stomaching the uncertainty.
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Writing in May for Above the Law, Ken Crutchfield observed that “over the past year, we’ve seen a steady stream of headlines about AI hallucinations where fake cases, fabricated quotes, and misstated facts made it through a review process and into court filings.” The predicament isn’t just that GenAI tools invent non-existent cases that some…
UK government sets out five AI scenarios to stress-test policy
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Trump Abandons Freedom of Navigation | American Enterprise Institute
Frustrated at the collapse of his poorly-considered Memorandum of Understanding with Iran, President Trump has declared the US will reimpose its blockade of the Strait of Hormuz and begin charging a 20 percent fee for passage. It’s genuinely astonishing for the government of the United States to blithely repudiate one of its most important contributions to international order. The US has…
Self-Fulfilling Credit Scores | NBER
A decline in credit scores can worsen the borrower’s financial position, making default a self-fulfilling prophecy. We estimate the causal effect of credit scores on default using a rule that counts multiple inquiries within 14 days as one, moving scores without changing credit reports. Regression discontinuity estimates around the 14-day cut-off show that an additional…
Federal Reserve Board – Agencies issue joint statement on handling of highly sensitive information during bank examinations
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 16, 2026 Agencies issue joint statement on handling of highly sensitive information during bank examinations Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation…
