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The real cyberthreat to US

“This alert (from the Department of Homeland Security and the Federal Bureau of Investigation) provides information on Russian government actions targeting US Government entities as well as organizations in the energy, nuclear, commercial facilities, water, aviation and critical manufacturing sectors” — Joint DHS and FBI memorandum, March 15, 2018 One curiosity of the cyber age is that the American public ...

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Fed’s dots are knocking on Asia’s doors

Jerome Powell’s debut rate-setting meeting as Federal Reserve chairman had few surprises. The quarter-percentage-point increase in the target for overnight US interest rates was expected. An added relief was policymakers’ decision to leave their median forecast for end-2018 rates unchanged. Yet the all-important dot-plot—committee members’ individual expectations—are telling Asia something more worrying. A possible fourth rate hike in 2018 hasn’t ...

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Uber’s self-driving casualty

History will probably remember Elaine Herzberg for a tragic reason: She’s thought to be the first pedestrian ever killed by an autonomous vehicle. Herzberg was struck by a self-driving Uber last week in Arizona, apparently stepping off a median and into traffic too quickly for the car’s sensors to detect her. Even Uber’s safety driver—the human backup sitting behind the ...

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