OpenAI founder Sam Altman: AI "belongs to the whole of humanity."

OpenAI founder Sam Altman said that the reason he has no (company) equity is because OpenAI is managed by a non-profit board of directors, and he is a member of the board of directors. Most members of the board of directors cannot hold equity in the company.

Sam Altman, founder of OpenAI: calls for global regulation of artificial intelligence.

Federal Reserve Chairman Powell: Regulations could have been more forward-looking on liquidity issues.

Fed Chairman Powell: Now the data proves that inflation is more persistent than expected.

Fed Chairman Powell: Fed needs to be confident about inflation outlook if it wants to cut rates.

Federal Reserve Chairman Powell: The decline in the number of community banks is not good for us.

Spot palladium fell below $1,300 an ounce, an intraday drop of 4.11%.

Fed Chair Jerome Powell: The refilling of the treasury account also appears to be going well.

Fed Chair Jerome Powell: Stronger capital means banks can keep lending in tough times.

Fed Chair Jerome Powell: The staff has presented the capital proposals to the governors, but there is still movement, even this morning.

Federal Reserve Chairman Powell: Proposals for bank capital requirements are still being drafted.

Fed Chairman Powell: We will take the necessary steps to gradually bring inflation down to 2%.

Fed Chairman Powell: The Fed is relatively close to where it needs to be.

Fed Chairman Powell: Corporate profit margins are falling, as expected.

Federal Reserve Chairman Powell: We especially need to control inflation, especially for poorer groups.