Amazon In Talks To Sell Its Trainium AI Chips To Other Firms, In Challenge To Nvidia Dominance

Fed Independence Is Sacred... Or So We've Been Told Authored by Richard Roberts via RealClearMarkets.com, For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days. The narrative rested on two prongs. First, an FOMC browbeaten by relentless public attacks, threats of removal, and a Justice Department criminal probe into Chair Jerome Powell. The pressure, many argued, had grown so intense that Fed decisions would no longer be trusted to reflect economics rather than politics. Second, a new chair expected to arrive in May...

Massive Mushroom Cloud 'Test' Blast Rattles Uninformed Residents Outside Jerusalem Late Saturday night, a massive explosion and a bright fireball illuminated the skies over Israel's Beit Shemesh, deeply rattling local residents and setting off rampant speculation in local media and online commentary.  The area lies just 19 miles west of Jerusalem, close enough to be located within Jerusalem District. Curiously, the state-owned Tomer rocket propulsion defense ministry-linked firm subsequently sought clarify that the blast was actually a controlled, pre-planned test and that authorities were notified in advance. However, community members have complained about receiving...