Beatrice Nolan 

• The Biden Administration is reportedly to introduce new powers to block exports to Chinese chipmakers.The US is about to introduce a new rule to clamp down on AI chip equipment exports to China, Reuters reports
• The rule aims to curb China’s AI development but excludes shipments from key allies, per Reuters.
• The Netherlands is reportedly exempt and Dutch firm ASML shares surged following the report.

Jul 31, 2024, 3:49 AM PDTShareSave

The new Qb test could speed up assessments for ADHD in the NHS by between 20-30 per cent. Here’s everything you need to know

By Laurel Ives31 July 2024 • 8:00am

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The Bank of Japan raised its benchmark interest rate and unveiled plans to halve bond purchases, underscoring its determination to normalize monetary policy.

Jeff Cox@jeff.cox.7528@JeffCoxCNBCcom

Published Tue, Jul 30 20243:30 PM EDTUpdated Tue, Jul 30 20245:25 PM EDT

US Federal Reserve Chair Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Hearings to examine the Semiannual Monetary Policy Report to Congress at Capitol Hill in Washington, DC, on July 9, 2024. 

Chris Kleponis | AFP | Getty Images

Key Points

• If things go according to expectations, the Fed again will keep short-term interest rates on hold roughly from where they’ve been for the past year.
• There are expectations that the Federal Open Market Committee will drop signals that as long as there are no major data hiccups, a September move is very much on the table.
• The central bank has been holding its benchmark funds rate in a range of 5.25-%-5.5% for the past year.

FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery after more than a year of stagnation.

DAVID McHUGH

Wed, Jul 31, 2024, 5:10 AM EDT2 min read

“Thugs” who travelled to Southport to use the deaths of three children “for their own political purposes” were to blame for the violence that saw dozens of police officers injured, the town’s MP has said.

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By Leika Kihara and Takaya Yamaguchi

July 31, 20241:17 AM PDTUpdated 8 hours ago

Item 1 of 4 Bank of Japan Governor Kazuo Ueda attends a press conference after its policy meeting in Tokyo, Japan July 31, 2024. REUTERS/Issei Kato

By Bryan Mena, CNN

Published 5:00 AM EDT, Wed July 31, 2024

Federal Reserve Chair Jerome Powell arrives for a press conference at the Federal Reserve in Washington, DC, on June 12, 2024. 
Brendan Smialowski/AFP/Getty Images

Erika Bolstad – View Page

PORTLAND, Ore. — Before Bailey McQueeny-Rose attended law school at the University of Oregon, she worked in reproductive health care, first as a medical assistant and then as a trainer, teaching others to do the same job. The work opened her eyes to how access to health care differed based on the laws in the six states where she oversaw training, and she began to consider becoming a civil rights lawyer.

The ChatGPT maker says the new features are capable of sensing emotions.

By Gerrit De Vynck

July 30, 2024 at 2:30 p.m. EDT