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Yahoo
6 minutes ago
- Yahoo
Tim Defoor brings his ‘Be Audit $mart' tour to Waynesboro
Pennsylvania Auditor General Tim Defoor will attend the Hanging with Chad event in Waynesboro on Aug. 15. According to a community announcement, Defoor aims to connect with residents and discuss his work in state government since taking office in 2021. The event is scheduled for 9 a.m. to noon at the Greater Waynesboro Chamber of Commerce at 118 Walnut St., No. 111. Defoor's presentation will start at 10 a.m., allowing residents to meet with Pennsylvania State Representative Chad Reichard beforehand to discuss state-related issues. Defoor's visit is part of his 'Be Audit $mart' tour, which focuses on educating the public about his office's responsibilities. The event will conclude with a question-and-answer session, giving attendees a chance to engage directly with Defoor. The Hanging with Chad events occur monthly on the third Friday, providing a platform for community members to voice concerns and learn about state government. Residents unable to attend the event can call 717-749-7384 to schedule an appointment for further discussion. For more information, visit This story was created by Janis Reeser, jreeser@ with the assistance of Artificial Intelligence (AI). Journalists were involved in every step of the information gathering, review, editing and publishing process. Learn more at The Public Opinion, The Record Herald, Echo-Pilot are growing their local news This article originally appeared on Waynesboro Record Herald: Tim Defoor to speak at Waynesboro event Aug. 15 Solve the daily Crossword
Yahoo
6 minutes ago
- Yahoo
US Explores Better Location Trackers for AI Chips, Official Says
(Bloomberg) — The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said, underscoring Washington's effort to curtail the flow of semiconductors made by the likes of Nvidia Corp. (NVDA) to China. PATH Train Service Resumes After Fire at Jersey City Station Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds Chicago Curbs Hiring, Travel to Tackle $1 Billion Budget Hole Seeking Relief From Heat and Smog, Cities Follow the Wind Washington has espoused working with the industry to monitor the movements of the sensitive components, part of a broader plan to curtail smuggling and ensure American technology remains dominant. Last week, Beijing summoned Nvidia representatives to discuss US efforts around location-tracking and other alleged security risks related to its H20 chips. 'There is discussion about potentially the types of software or physical changes you could make to the chips themselves to do better location-tracking,' said Michael Kratsios, one of the architects of a US AI action plan unveiled by Donald Trump last month. 'That is something we explicitly included in the plan,' the White House Office of Science and Technology Director told Bloomberg Television. Trump's blueprint has provoked a backlash in Beijing, which for years railed against alleged US surveillance and Washington's efforts to curtail its tech sector. The Chinese government is particularly sensitive to semiconductor sanctions designed to counter Huawei Technologies Co. or rising AI developers such as DeepSeek. Trump officials recently pledged to lift export restrictions on the H20 to China as part of a trade deal they say will secure sales of rare-earth magnets to the US. But Washington is also focused on curtailing the smuggling of chips. Kratsios said Tuesday he's not had conversations 'personally' with either Nvidia or Advanced Micro Devices Inc. about exploring location-tracking technology. Last week, Nvidia said it does not have 'backdoors' in its chips. Kratsios, who was in South Korea to attend an APEC Digital Ministerial Meeting, took aim at China's own AI action plan, which involves forming a global organization to devise governance and technology standards. 'We believe each country should set their own destiny on how they think about regulating artificial intelligence,' he said. 'The US model, which puts innovation first, will be the most attractive.' —With assistance from Yoolim Lee and Lauren Faith Lau. AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay Russia's Secret War and the Plot to Kill a German CEO Government Steps Up Campaign Against Business School Diversity What Happens to AI Startups When Their Founders Jump Ship for Big Tech How Podcast-Obsessed Tech Investors Made a New Media Industry ©2025 Bloomberg L.P. Sign up for Yahoo Finance's Week in Tech By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CNBC
8 minutes ago
- CNBC
10-year Treasury yield climbs ahead of key services data
The 10-year Treasury yield inched higher as investors assessed developments related to U.S. President Donald Trump's tariff rates and looked toward data on July's services sector activity, slated for release later in the day. The benchmark 10-year note yield was over one basis point higher at 4.21% as of 4.15 a.m. ET, while the 30-year bond was less than one basis point higher at 4.801%. The 2-year Treasury note yield also climbed over 2 basis points to 3.702%. One basis point is equal to 0.01% and yields and prices move in opposite directions. The U.S. is expected to release the ISM non-manufacturing purchasing managers' index. Analysts polled by Reuters see the figure coming in at 51.5, up from 50.8 the previous month. Trump on Monday threatened to "substantially" increase tariffs on Indian goods, though he did not specify by how much. Last week, he floated a 25% levy and an additional "penalty" if India continues buying Russian oil. India pushed back against criticism from the U.S. and European Union over its purchases of Russian oil, saying it was being "targeted" unfairly after Trump warned of sharply higher tariffs. In a statement issued late Monday, India's Foreign Ministry said it only began buying oil from Russia after "traditional supplies" were redirected to Europe in the wake of the 2022 Russia-Ukraine war. "It is revealing that the very nations criticizing India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion [for them]," the ministry added, taking aim at the EU and U.S.