Sam Altman Defends OpenAI’s Mission Amid Governance Shift and Senate Scrutiny
May 10, 2025 OpenAI CEO Sam Altman has reaffirmed the organization’s commitment to its nonprofit roots while navigating a complex restructuring and addressing concerns over AI regulation during a recent Senate hearing. Maintaining Nonprofit Oversight On May 5, OpenAI announced it would retain its nonprofit governance structure, reversing earlier plans to transition its for-profit arm […]
Pope Leo XIV Celebrates First Mass as Pontiff
Date: May 9, 2025 Pope Leo XIV, the first American-born pope in history, celebrated his inaugural Mass in the Sistine Chapel, less than 24 hours after his election. In his homily, he emphasized the importance of cultivating a personal relationship with Christ, stating, “Without faith, life lacks meaning.” He also called for the Church to […]
Increasing Efficiency At the Office of the Federal Register
On May 9, 2025, President Donald J. Trump signed an Executive Order designed to curb the expansion of criminal penalties hidden within federal regulations and to increase transparency in enforcement. The directive responds to longstanding concerns about “overcriminalization,” in which routine regulatory lapses can trigger criminal charges without proof of intent. Under the order, federal agencies must […]
U.S. Senate Hearing on AI Policy Highlights Industry Concerns
On May 8, the U.S. Senate Committee on Commerce, Science, and Transportation held a hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation.” Testifying were leaders from major tech companies, including OpenAI CEO Sam Altman, AMD CEO Dr. Lisa Su, and Microsoft President Brad Smith. The discussion focused on the need […]
Fact Sheet: U.S.–U.K. Reach Historic Trade Deal
Type: Fact Sheet President Trump and U.K. Prime Minister Keir Starmer announced a comprehensive trade agreement. It phases out the 2.5 percent U.S. tariff on new British‑built cars over three years and removes the 10 percent U.K. duty on used American vehicles in the same timeframe. The deal immediately eliminates U.K. duties on U.S. beef and gradually cuts […]
U.S. and U.K. Announce New Trade Agreement
On May 8, 2025, President Donald Trump and U.K. Prime Minister Keir Starmer jointly unveiled a bilateral trade deal designed to deepen transatlantic commerce and reduce longstanding tariff barriers.
Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty
On May 7, 2025, the Federal Reserve announced its decision to maintain the benchmark interest rate within the range of 4.25% to 4.5%, citing concerns over rising unemployment and inflation pressures. Yahoo Finance Federal Reserve officials, including Richmond Fed President Tom Barkin and New York Fed President John Williams, noted signs of a slowing U.S. […]
Google Releases Gemini 2.5 Pro Preview Ahead of I/O 2025
On May 6, Google unveiled an updated version of its AI model, Gemini 2.5 Pro Preview (I/O edition), ahead of the upcoming I/O 2025 conference. The new release boasts significant improvements in coding capabilities, particularly for building interactive web applications. It now leads the WebDev Arena Leaderboard, surpassing its predecessor by 147 Elo points. The […]
India Conducts Airstrikes on Alleged Militant Targets in Pakistan
Date: May 6–7, 2025Location: New Delhi, India India launched a series of airstrikes on May 6 and 7, targeting sites within Pakistan and Pakistan-administered Kashmir. The operation, termed “Operation Sindoor,” was conducted in retaliation for a recent attack in Pahalgam, Indian-administered Kashmir, which resulted in the deaths of 26 Indian tourists. Indian authorities stated that […]
U.S. Halts Airstrikes on Houthi Targets in Yemen
Date: May 6, 2025Location: Washington, D.C. President Donald Trump announced on May 6 that the United States would cease its airstrike campaign against Houthi targets in Yemen. The decision follows a ceasefire agreement mediated by Oman, wherein the Iran-aligned Houthi group committed to halting attacks on maritime shipping routes, including the Red Sea and Bab […]
