OpenAI boss Sam Altman spells out how and why the AI industry wants to slow down: 'We could lose control'
OpenAI's chief has made comments detailing how AI safety frameworks and a slowdown could work, as the industry unites behind concerns.
Iran says it destroyed U.S. advanced drone over Hormuz as Middle East conflict intensifies
Iran said it downed an advanced American drone over the Strait of Hormuz, as Tehran and Washington trade warnings and strikes with no sign of de-escalation.
Why the election could make Washington's looming next fiscal crisis harder
Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.
Clarity Act faces make-or-break Senate vote on Tuesday as crypto industry pushes for bill
A Senate vote on Tuesday is a put-up-or-shut-up moment for the Clarity Act crypto bill, scheduled by Majority Leader John Thune, R-S.D.
Satellite images show extent of damage to Saudi Arabia’s oil pipeline that bypasses Strait of Hormuz
Saudi Arabia temporarily shut the roughly 750-mile pipeline as attacks threaten a key alternative to the Strait of Hormuz.
Trump urges Ukraine to stop ‘knocking out’ Russian oil refineries as U.S. diesel hits record
U.S. diesel prices have surpassed $6 a gallon for the first time ever as the Ukraine and Iran wars drive broader energy supply concerns.
LA Clippers owner Steve Ballmer apologizes over team sanctions
Ballmer said that the team is complying with the penalties, has paid the fines, and is "moving forward."
Brent crude jumps above $108 after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
Novo Nordisk rebrands to 'Novo,' unveils corporate changes as it fights for obesity market share
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.
Taxing high earners to help fund Social Security gains bipartisan attention — what it could mean for benefits
With Social Security due to reach a funding shortfall in six years, more lawmakers are opening up to the idea of taxing high earners to help fund the program.
Cadbury cut two months off its supply chain lead time for a key chocolate-bar ingredient in one move
Mondelez is expanding its chocolate manufacturing operations in Malaysia, with the company also seeing further room for growth across Southeast Asia.
Anthropic walks tightrope to Nasdaq, pushing for a slowdown while pursuing $2 trillion valuation
As Anthropic meets with prospective investors ahead of its potentially historic market debut, CEO Dario Amodei is pushing for a slowdown in AI.
Up 3,600%, this freight fund has posted the biggest gains of all on Iran war oil shock
The U.S.-Iran war has caused oil prices to surge and added to freight stress from tariffs, but no shipping trade has boomed quite like crude oil tanker futures.
Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
Oracle founder Larry Ellison has canceled his plan to sell up to $7.5 billion worth of stock in the software company.
Washington scrambles to meet calls for AI guardrails while the window to act closes
The House is scheduled to be sent home in the coming days until after November's midterm elections, leaving a narrow window to pass any form of AI regulation.
GM plans U.S. battery development as Trump's DOT attacks Ford for China ties
Most battery cells currently rely on raw materials from China. GM is seeking to establish domestic supply chains both for EVs and energy storage.
College students feel more pressure to be perfect. Experts explain why
College students report rising perfectionism. Researchers point to economic pressure and inequality, while experts cite social comparison.
Jim Cramer questions Anthropic CEO's slowdown manifesto and puts forth an action plan
While I have grown tired of his endless proclamations, Dario Amodei does raise points that will impact many stocks if the spending curb proceeds.
OpenAI rules out IPO this year as Altman, Musk & Amodei warn AI is moving too fast
Altman's IPO comments and Amodei's public call for more careful pacing of AI development cap a week of loud AI warnings.
India's inflation rises to 4.82% in August, marginally exceeding forecasts
India's inflation in August accelerated for the tenth month straight to 4.82% in August amid rising food and fuel prices.
NFL and midterm elections set up prediction markets for a critical fall season
The 2025 football season and 2024 presidential election pushed prediction markets into the prominence they enjoy today.
U.S. Treasury yields are steady as 10-year closes in on 5% ahead of Fed rates decision
The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. Strategists say the drivers behind higher yields are more important.
The wages of American workers are under pressure. AI's potential role is drawing more attention
Wage growth for workers has slowed and is struggling to keep up with inflation, drawing attention to AI's potential role even as evidence remains incomplete.