Category: Business & Markets
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FTC sues Dollar General over alleged deceptive pricing overcharges
Piper Sandler managing director Jake Oubina discusses how household wealth is driving a consumer spending boom. The panel analyzes surging mortgage rates, multi-decade high Treasury yields and rising oil prices. The Federal Trade Commission…
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Elon Musk promised an AI epic to rival Christopher Nolan. Viewers got a seven-minute glitch
The first installment of Elon Musk’s AI-generated adaptation of “The Odyssey” has arrived, drawing swift ridicule for the medium Musk claimed would challenge Hollywood and offering an awkward AI-generated entry into the woke wars. Back…
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Anthropic IPO Filing Reveals Looming Threat to Nvidia’s Pricing Power
Anthropic is hedging its bets by using multiple chips to handle its AI work — a strategy that could eventually erode Nvidia’s dominance.The AI lab says it manages compute “as a single, fungible pool…
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Pentagon Gives Shotgun-Armed Drone Its Stamp of Approval
A drone armed with a shotgun has been added to the Pentagon’s list of uncrewed systems approved for purchase by the US military and other federal agencies.Shotguns are commonly seen as a last line of…
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Indira IVF in talks to acquire Sabine in nearly Rs 1,300 crore deal
Mumbai: Indira IVF, India’s largest IVF hospital chain, is in discussions to acquire Sabine Hospital and Research Centre, a Kerala-based chain specialising in infertility treatment and mother-and-child care, according to multiple people aware of…
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Ex–Google engineer hasn’t added to his 401(k) in a decade because he thinks AI will wipe out humans
One of the best-known names in AI safety says he no longer saves for retirement, because he lives with the belief that AI will probably kill everyone before we even get to retirement age. Nate Soares, a former Google engineer who is now…
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The Curious Case of Sam Bankman-Fried’s Friends’ Anthropic Shares
A little over a year ago, the federal government acquired a stake in Anthropic without paying a penny.The shares were seized from associates of the crypto fraudster Sam Bankman-Fried. From there, they…
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American consumers are paying 8x more in fuel costs than the rest of the world, report finds
The Iran war continues to weigh on Americans’ wallets, and it’s costing them more in increased fuel costs than consumers in any other country in the world, new data finds. As President Donald Trump argues the cost of the war will be justified…
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Markets today: AI stocks boost Wall Street, ASX set to edge up
Stan ChoeOctober 28, 2026 — 5:16amSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.No gift articles leftYou’ve used all of your gift articles. 3 more will become available on the 1st of every…
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SSA Commissioner Frank Bisignano says fraud fix protects Social Security
Social Security Administration Commissioner Frank Bisignano discusses the historic cleanup of nearly 50 million files, warnings over program solvency and new Trump Account notices sent to eligible families. Social Security Administration…