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Semafor World Economy

Rachel Witkowski

Rachel Witkowski

Business Editor

Email Rachel Witkowski

CEOs, lawmakers look to tackle infrastructure ‘bottlenecks’

BlackRock’s Larry Fink is planning a summit in Washington to address the $85 trillion in capital and thousands of trade jobs needed in the AI era.
Larry Fink
Denis Balibouse/Reuters

Dungeons & Dragons puts top AI models to the test

Scientists developed a detailed grading system by having the most popular AI chatbots play Dungeons & Dragons in real life.
People playing Dungeons and Dragons.
Ray Stubblebine/Wizards of the Coast/Handout/Reuters

Wall Street banks, losing clout in Washington, overhaul personnel and tactics

The ascendant crypto sector is eclipsing what was once a powerhouse industry.
Jane Fraser
Evelyn Hockstein/Reuters

AI-assisted cooking device picking up steam in India

The robot, which can do nearly all the cooking for you, is made by startup Upliance.ai.
Upliance.ai’s cooking tool.
Courtesy of Upliance

Brown University lab to build AI that is safe for therapy

A new institute created at the university is developing a generation of chatbots that can better interpret an individual’s behavioral needs and foster a safer environment for therapy.
Computer scientist Ellie Pavlick, who will lead the Brown-based institute. Nick Dentamaro/Brown University.

BlackRock’s Fink backs ‘MAGA’ accounts

BlackRock Chairman and CEO Larry Fink said he supports the GOP’s proposal to create investment accounts for children at birth.
Larry Fink on CNBC
Brendan McDermid/Reuters

Treasury’s play for regulatory control puts it on collision course with Fed

Secretary Scott Bessent isn’t consolidating agencies. He is consolidating power.

BlackRock and JPMorgan CEOs, along with US lawmakers, tackle looming retirement ‘crisis’

They will be part of a March summit in Washington to address the issue, after BlackRock found one-third of Americans have no retirement savings.

CFPB on life support as senior staff exit

Congress is weighing whether to restructure the agency or dissolve it after the Trump administration temporarily halted its operations.

Federal Reserve’s top cop steps down as Trump looks to revamp regulators

Michelle Bowman, often a critic on the Fed board, could be named as successor to the vice chair of supervision seat, several sources confirmed.

YouTube launching new tools to help celebrities manage AI copycats

The tools will allow celebrities to manage videos that use technology to recreate their appearance, and request its removal.

Trump administration eyes potential heads of financial agencies

The list of possible candidates to run the financial regulatory agencies under Trump has expanded, with some names closely aligned to the GOP’s agenda.

Trump readies shortlist for financial agencies

The next administration could rollback some consumer protections, redo big bank capital rules, and overhaul the nation’s mortgage system.
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