Christopher Rugaber
- Indexed articles, last 90 days
- 11
- Latest publication
- Sep 30, 2026
- Outlet visibility, for Theglobeandmail
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- Jul 14, 2026
Latest articles
No criminal wrongdoing in U.S. Fed building renovation, watchdog says (opens the original)
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The Federal Reserve’s internal watchdog said Wednesday that the central bank has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors. A variety of missteps by the Fed’s Board of Governors and staff inflated the cost of the US$2.4-billion renovation, the Fed’s inspector general said. The board did not secure a comprehensive cost estimate at the beginning of the project, nor did it nail down a maximum
Trump, AI executives sign ‘morally binding’ agreement to self-regulate technology (opens the original)
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U.S. President Donald Trump on Tuesday said that he and a large group of leaders of artificial intelligence companies had signed a voluntary accord that will include internal and external reviews of the technology during a meeting at the White House. “I think I’m seeing tremendous self-policing. And they understand that they have to self-police,” Trump told reporters outside the West Wing. The announcement followed an extensive meeting between Trump and numerous leading executives from top tech
Trump, AI executives sign ‘morally binding’ agreement to self-regulate technology (opens the original)
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U.S. President Donald Trump on Tuesday said that he and a large group of leaders of artificial intelligence companies had signed a voluntary accord that will include internal and external reviews of the technology during a meeting at the White House. “I think I’m seeing tremendous self-policing. And they understand that they have to self-police,” Trump told reporters outside the West Wing. The announcement followed an extensive meeting between Trump and numerous leading executives from top tech
U.S. Fed hikes rates, defying Trump’s demands for a cut (opens the original)
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The U.S. Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly-high inflation and the central bank also signalled that another rate hike could occur later this year. The quarter-point increase lifts the Fed’s key rate to about 3.9 per cent and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards. In a set of quarterly projections, the Fed also signalled that its rate-setting committee
U.S. wholesale inflation climbs to 5.4% in August, driven by high energy costs (opens the original)
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Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated. The Labor Department’s producer price index – which captures inflation before it reaches consumers – rose 5.4 per cent in August from a year ago, up from 4.8 per cent in July, the government said Thursday. Annual wholesale inflation peaked this year at 5.9 per cent in May after the Iran conflict raised energy costs. On a monthly basis, wholesale
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