AI stocks slide after major CEOs unite to urge slowdown
Anthropic CEO Dario Amodei said the industry "must slow the pace at which we improve the capabilities of AI models," amid growing concerns over risks from AI.
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South Sudan: UNICEF reaches communities cut off by conflict in Jonglei state
The UN Children’s Fund (UNICEF) and partners have delivered lifesaving assistance to families in conflict-affected communities in South Sudan’s Jonglei state, many of whom had gone months without humanitarian support.
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.
Yen appreciation has carry-trade seekers looking at these two currencies
Japanese 10000 yen, 5000 yen and 1000yen banknotes arranged in Tokyo, Japan, on Wednesday, Oct. 8, 2025.
Policy Briefs 26-15: The Iran war is raising doubts over Trump’s "America First" foreign investment goal
The Iran war has damaged the economies of Saudi Arabia, Qatar, and the UAE, which have made ambitious investment commitments to the United States. The war has weakened their finances, growth prospects, and trust in US se...
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."
Another coffeehouse files for Chapter 11 as costs, prices rise
Baker Hughes sees no slowdown in energy projects despite higher rates as AI buildouts stoke LNG demand
Baker Hughes has yet to see higher borrowing costs slow investment in major energy projects.
Iran says it destroys 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.
38-year-old beloved steakhouse chain closing over 40 locations
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.
Prediction markets are becoming more professionalized, but also harder to beat
The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.