US lawmakers have introduced the bipartisan No Adversarial AI Act to block federal agencies from using AI developed by foreign adversaries like China. The bill aims to protect national security, prevent data leaks, and ensure only trusted AI technologies are used in government systems.
Indian equity markets show resilience, with smallcaps emerging as compelling long-term investment opportunities due to sound fundamentals and attractive valuations. Investor sentiment is shifting positively, reflected in the Nifty Smallcap 100's impressive gains. Favorable sectoral trends, such as RBI rate cuts and the China plus one strategy, further boost smallcap growth potential.
ANZ Group's Richard Yetsenga anticipates a US economic slowdown in the latter half of the year, stopping short of a recession. Despite economists' bearish outlook, financial markets like the S&P and Nasdaq are performing well.
Usha Vance, once a lawyer, is now the Second Lady. She has settled into her new life in Washington. She supports her husband, Vice President JD Vance. Despite her past, she embraces her role. She focuses on family and children. She is launching reading initiatives. Her influence on her husband is significant. She is navigating her transformation.
Peter Cardillo from Spartan Capital Securities suggests market optimism stems from easing geopolitical tensions, declining oil prices, and stable bond yields despite the Federal Reserve's firm monetary policy. Anticipation of positive earnings season and favorable PCE inflation data further fuel expectations of an early summer rally. While a July rate cut is unlikely, September remains a possibility.
