In brief Gallup says Americans have become more skeptical of AI after two years of improving attitudes. More Americans believe AI does more harm than good and will reduce U.S. jobs. Trust in businesses to use AI responsibly has declined, especially among younger adults. In a report published Tuesday, polling company Gallup said Americans are cooling toward artificial intelligence after two years of growing more comfortable with the technology.According to Gallup, seven in 10 Americans now say they are somewhat or extremely knowledgeable about AI, up from 64% in 2024. But as familiarity has grown, so has skepticism. More Americans…

Japan’s central bank held interest rates steady at 1.0% on Friday after a reported major intervention in the yen.Key points:Japan holds interest rates at 1.0%, following market expectations.Both Japan and South Korea’s central banks reportedly engage in currency interventions, as the JPY briefly gains 3.5% overnight.Bank of Japan warns of incoming CPI inflation headwinds in the second half of the year.Yen rises up to 3.5% as Korea joins interventionIn its latest statement, the Bank of Japan (BoJ) revealed broad consensus among officials for holding rates at current levels — an outcome that markets had anticipated in advance.“The Bank will encourage the…

AI & Crypto

Read More

Politics

Don't Miss!