The Fed is debating whether AI will boost productivity and lead to lower inflation. Many Fed officials also acknowledge that ...

Fed Gov. Christopher Waller likened the rise of AI to the advent of ATMs, which shifted “human effort” to higher-value work.

Add Yahoo as a preferred source to see more of our stories on Google. Getty Images An appeals court previously ruled in favor of Cook, who was nominated to the Fed by former President Joe Biden in ...

The U.S. Supreme Court is hearing oral arguments Jan. 21 in a case that will test the Federal Reserve’s independence and determine whether President Donald Trump can follow through on his plans to ...

Federal Reserve Board Governor Lisa Cook sees unemployment rising on account of AI, and raised two issues for consideration ...

The U.S. Supreme Court seems inclined to reject President Donald Trump’s effort to immediately oust Federal Reserve governor ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: Federal Reserve Governor Lisa Cook, accompanied by lawyer Abbe Lowell, looks on outside the U.S. Supreme Court, as ...