Stories from United States

The US dollar's direction depends on signaling from the Federal Reserve regarding future inflation management. Hawkish statements from the Fed could prove positive for the dollar, while a data-dependent, quiet approach may keep the dollar stable.

Global markets are monitoring the upcoming Federal Reserve interest rate decision scheduled for 21:00 Turkish time. No interest rate changes are expected from the central bank. This meeting is noted as the final interest rate meeting to be chaired by Fed Chair Jerome Powell.

President Trump previously stated he would fire Jerome Powell if he did not leave as chair by May 15th. The threat is reportedly less now that the impediment to Warsh's confirmation appears to have been removed.

A proposed US legislative project titled 'NO-OPEC' was designed to attempt to dismantle the organization, according to Marcel Salekhov.

OpenAI was established approximately a decade ago as a nonprofit research lab intended to develop artificial intelligence for the benefit of humanity. He also claimed to have taught the team everything he knows. Musk expressed support for establishing a for-profit company to raise capital because he wanted to maintain control. Musk noted his controlling stake would have been diluted over time, but other founders opposed his control, leading to his departure. Elon Musk testified that Sam Altman and Greg Brockman engaged in unjust enrichment and fraud by breaking promises to keep OpenAI a non-profit. Musk indicated he would desire control over such a structure. The comments follow his previous claims regarding his foundational role in the company, including recruiting staff and providing initial funding. Elon Musk is expected to continue testifying as his side concludes questioning.

A US court is reviewing the temporary protected status of Haitian refugees.

A 26-year-old defendant, Talley, failed to appear in court after his ankle monitor stopped working. Prosecutors previously objected to his pre-trial release, citing a long history of violence and criminal convictions. Judge John Light Jr.

Musk also mentioned a positive development scenario, comparing it to the "Star Trek" universe. Elon Musk's attorney attempted to present him as an individual concerned about dangerous rogue AI for several years during his testimony. Musk is expected to be cross-examined by Sam Altman's legal team. His financial advisor is also expected to take the stand later today or next week. Elon Musk testified yesterday that he was willing to establish a for-profit company to raise money for OpenAI, provided he maintained control to ensure alignment with the nonprofit mission. Musk stated on the stand that his controlling stake would have been diluted over time, but other founders opposed his control, leading to his departure. Musk is expected to undergo cross-examination once the current round of questioning concludes. The trial is currently underway and is projected to last three to four weeks.

Carl Wilson is declaring victory in a special election for a city council district on Manhattan's west side. Wilson held a commanding lead over opponent Lindsey Boylan in election night tallies. Boylan, who received Mayor Mabdonni's endorsement, conceded after polls closed. The results will now proceed to ranked choice counting, which could take another week to finalize. Boylan conceded the race after polls closed following Mayor Mamdani's endorsement. The final count is not yet complete because no candidate secured more than 50% of the vote. With approximately 99% of ballots counted, Wilson holds about 43% of the vote. His main opponent, Lindsay Boylan, conceded defeat following the results. Election officials are not expected to formally declare a winner until next week.

A survey from the Centers for Disease Control and Prevention shows one in three US adults is not sleeping enough. The survey indicates many adults are sleeping less than seven hours each night. Insufficient sleep is linked to lethargy, increased accident risk, and higher risks of diabetes, depression, and stroke. Dr. James Rowley provided commentary on the health implications. James Rowley, a sleep specialist at Rush University in Chicago, noted that patients often use devices like cell phones or laptops in bed. He suggested that time spent 'doom scrolling' could be redirected toward sleeping. The Centers for Disease Control and Prevention released new data regarding sleep quantity and quality for American adults. Approximately 30% of adults report sleeping less than 7 hours on average.