Join conversations that matter to you
Nixon’s “Saturday Night Massacre” triggered nationwide outage—and a firewall which is now gone
We need more prisons, yes, but it is easier to say this than to actually build them Source
Dangerous criminals are wreaking havoc and the state is unable or unwilling to stop them Source
Sheikh Hasina, 78, plans a December comeback two years after being ousted in a bloody uprising led by students
When Mike Allen and I are curious about the "real economy," we talk to sources at big-box stores for a read on real-time sales trends, or friends at super-regional banks to gauge the mood and money movement. To us, that's the real world and real data, imperfect but less imperfect than dated Bureau of Labor Statistics surveys built for a different time and economy. Why it matters: Fed Chair Kevin Warsh will get scrutinized like hell for rate changes, his communication style, his vow of a "new chapter" at the Fed, and his relationship with President Trump. We think the most interesting thing to watch long-term is the seemingly boring data task force he appointed last month to improve the "quality and timeliness of real economic signals that inform the Federal Reserve's policy judgments."The members: Harvard economics professor Raj Chetty, former Walmart CEO Doug McMillon and University of Chicago economics professor emeritus Kevin Murphy. The big picture: AI should surely help aggregate and better analyze more real-time data feeds to help policymakers make better decisions. If not, AI will be a total flop. Imagine a parallel Fed that uses more fine-tuned, real-time data feeds, analyzed without economic worldview bias or personal interest of Fed governors. The bottom line: We've known Warsh for years, and his interest in AI and rethinking data is real and intense. We'd be surprised if the ultimate manifestation of his "new chapter" isn't deeply infused with the work of McMillon & Co. 📈 If you're a CEO or on a CEO's team: Ask to join Jim's new weekly Axios C-Suite newsletter
By Nidal al-Mughrabi and Haseeb Alwazeer CAIRO/GAZA, Aug 4 (Reuters) - The decomposed remains of 112 bodies lay on stretchers shrouded in flags in the sun's heat: all that could be found of the Al-Hassaynas of Sabra, a Palestinian clan of proud Bedouin stock all but wiped out by Israel nearly three years ago
German Interior Minister Alexander Dobrindt says attacks by foreign powers have become a constant threat to Germany. His remarks come just days after an explosive-laden drone was found at Leipzig airport