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The 30-year fixed mortgage rate averaged 7.40%, the highest level since November 2023, mortgage finance agency Freddie Mac said on Thursday. That was up from 7.28% last week. The US-Israeli war with Iran is fanning inflation through higher energy prices, driving up longer-term Tr
We are buying 20 shares of FedEx at roughly $289 apiece. Following the trade, Jim Cramer's Charitable Trust will own 410 shares of FDX, increasing its weighting to about 2.98% from 2.84%. FedEx is our second buy of the day, following Kimberly-Clark on Thursday morning, as we look
They cast the wrong lead in “Good Will Hunting,” apparently, because it’s Ben Affleck who is the secret genius, as it turns out. The actor who earlier this year sold his AI filmmaking startup to Netflix for a reported $587 million has gone viral this week for demonstrating his un
Arena, which originated in 2023 as a research project at UC Berkeley that crowdsourced rankings of AI models, has raised a $200 million Series B round at a $3.1 billion valuation, it said on Thursday. This comes after the company said it reached $100 million in annualized run-rat
A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billi
At a Google Cloud event on Thursday, the company announced it’s bringing its Gemini AI into the agentic age, with the launch of a unified agent that can not only answer questions but also get things done on the user’s behalf, all from a single interface. The move comes as AI tool
The 18-page filing, published by the US Office of Government Ethics, details 517 transactions completed during the month. Trump’s investment accounts have recorded thousands of transactions each quarter, involving tens of millions of dollars and shares of major companies whose bu
Adidas sues Australian label White Fox over four stripes design - Published Adidas is suing Australian label White Fox for selling and advertising clothes with a four-striped design, arguing it is "deceptively similar" to the German brand's distinct logo. The sportswear giant sai
AI - Nvidia found $1B under the couch to help secure American scientific computing dominance Commitment comes as GPUzilla prepares to fortify Uncle Sam's arsenal with at least seven AI-optimized supers - TSMC taps GlobalFoundries to bolster US silicon interposer production in $2B
President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25 million in Meta stock and an investment of as much as $5 million in SpaceX debt two days before he signed a sweeping policy aimed at expanding U.S. commercial space
Anthropic updated its usage policy on Thursday, codifying new prohibitions on election interference, weapons software, and surveillance. But perhaps the most attention-getting change is a new prohibition against prolonged verbal abuse of the model, which is now expressly forbidde
When OpenAI released hundreds of claimed solutions to some of the world’s hardest math problems this week, the frontier lab said that it had consulted an advisory group of elite mathematicians to avoid the controversy that came with the last time one of its models solved a long-s
USA Today Co., along with the several local newspapers it owns, is suing OpenAI over claims that the company copied “hundreds of thousands” of articles to train its AI models, as reported earlier by Reuters. In a filing on Thursday, the publisher asks for damages of more than $25
If Elon Musk and SpaceXAI were going to back any Linux distro, it seems obvious they’d back Omarchy. Today it was announced that SpaceXAI would be joining the Omacom Foundation, which oversees Omarchy, as a Founding Corporate Patron and donating $1.5 million worth of Grok tokens
The ASUS ExpertCenter PN55 is the AMD side of ASUS’s commercial mini PC line, a 130 x 130 x 34mm box that puts a Ryzen AI 400 Series processor, two DDR5 SO-DIMM slots, two M.2 2280 slots, and dual 2.5GbE behind a fingerprint reader and a Copilot key. Our review unit runs the Ryze
Affordability is seen as one of voters' top issues heading into the 2026 midterm elections. And gas prices — one of the items where consumers are getting squeezed the most — are expected to remain elevated through Election Day. Speculators on prediction market platform Kalshi giv
President Donald Trump said Thursday that the U.S. will not attack Iran before the Nov. 3 midterm election, explicitly tying the timing of potential further military action to the domestic political calendar. "We will not be attacking Iran at any time prior to the Midterm Electio
Domestic brokerage firm HDFC Securities, in its latest report, has maintained its ‘Buy’ rating on Honasa Consumer, the parent company of Mamaearth, with a target price of ₹550. The brokerage highlighted the company’s efforts to sustain strong growth across both Mamaearth and The
Two Latvian men arrested on suspicion of trespass at RAF base - Published Two Latvian men were arrested after a fence was breached at an RAF base used by the US military and Nato for intelligence operations, counter-terrorism police have said. The alert was raised when a Ministry
Permits, Not Power, Halt Google’s Finland Data Centers Google had secured access to Finland’s northern grid, but environmental rules are blocking site work at two facilities in its €13 billion data center expansion. Finland told Google to halt major site work at two planned data
The cost of many everyday items would have declined last year and early this year without President Donald Trump's tariffs, according to the New York Federal Reserve. The cost of 67 categories of goods was 2.9 percentage points higher as of February thanks to tariffs, according t
The News The Trump administration on Thursday suspended more than a half-dozen tech companies, including Microsoft, from the program that allows permanent hiring of foreign workers — escalating its long-simmering clash with the tech industry over immigration. “The H-1B visa progr
Many consumers face tough investing decisions amid rising inflation, the artificial intelligence boom and geopolitical uncertainty, among other factors that affect the stock and bond markets. An experienced financial advisor can help. But the best advisors do more than manage you
Charlie Clapp, co-chair of Howland Capital Management — ranked No. 1 on CNBC's Financial Advisor 100 for 2026 — knows what it takes to get to the top of his field. In his home office is the silver medal he won in the men's eight rowing competition at the 1984 Summer Olympics in L
AI - Nvidia found $1B under the couch to help secure American scientific computing dominance Commitment comes as GPUzilla prepares to fortify Uncle Sam's arsenal with at least seven AI-optimized supers - TSMC taps GlobalFoundries to bolster US silicon interposer production in $2B
The News The Federal Trade Commission is close to sending investigative demands to frontier AI companies, a senior agency official told Semafor — a sign that its AI probe is moving forward after its unusual disclosure to the public. The FTC’s planned AI inquiry emerged in a New Y
The U.S. Treasury Department is sanctioning 17 additional vessels it says are connected to Iran's "shadow fleet" used to transport oil and gas out of the country, as Washington tries to choke Tehran's economy to end the war that began over seven months ago. The new sanctions are
The GST Council has recommended a series of changes to simplify compliance for businesses and reduce the involvement of tax officials. The decisions were taken at the 57th GST Council meeting held on Thursday, October 8. The Council has recommended removing the arrest provisions
AI - Nvidia found $1B under the couch to help secure American scientific computing dominance Commitment comes as GPUzilla prepares to fortify Uncle Sam's arsenal with at least seven AI-optimized supers - TSMC taps GlobalFoundries to bolster US silicon interposer production in $2B
The race between open and closed AI is on, and Europe is still in the mix. On Tuesday, French AI lab Mistral AI released Mistral Large 4 (ML4), a new large multimodal model aiming to leapfrog both American and Chinese rivals — following what French president Macron described as “
Mistral on Tuesday unveiled a new AI model it said ranked among the best open models in the world, as Western companies race to close the capability gap with Chinese developers in the market. Mistral Large 4 (ML4), also known as le Chonk, is a 1-trillion-parameter model that is p
Anthropic is making changes to its usage policy for the first time in over a year to reflect new and high-risk cases of misuse — including election interference, weapons development, surveillance, and health and financial uses. But one of the most significant changes prohibits “s
The Pulse is a series covering events, insights, and trends within Big Tech and startups. Today, we cover: New trend: building internal vibe-coding apps at mid-sized companies. Ramp and Stripe built platforms for non-engineers to build internal websites and tools with, and both a
AI - Nvidia found $1B under the couch to help secure American scientific computing dominance Commitment comes as GPUzilla prepares to fortify Uncle Sam's arsenal with at least seven AI-optimized supers - TSMC taps GlobalFoundries to bolster US silicon interposer production in $2B
Richard Bronson, an entrepreneur who recently launched a startup called Commissary Club, has an unusual background for a founder: in a previous life, he spent time in prison. In the 1980s, Bronson worked for the notorious Stratton Oakmont — the corruption-riddled brokerage firm t
Warrants used to search Andrew's homes were unlawful, court says - Published Thames Valley Police has accepted warrants it used to search Andrew Mountbatten-Windsor's homes at the time of his arrest in February were unlawful, the High Court has been told. Following Thursday's hea