Sam Altman says OpenAI isn’t ‘moral police of the world’ after erotica ChatGPT post blows up
OpenAI CEO Sam Altman said his company is “not the elected moral police of the world” after receiving backlash over his decision to allow erotica on ChatGPT.
United Airlines’ summer earnings and profit outlook top estimates, but revenue falls short
United Airlines said it expects per-share adjusted earnings of $3 to $3.50 for the fourth quarter.
Ether dips below $4,000 as crypto selling pressure continues: CNBC Crypto World
On today’s episode of CNBC Crypto World, digital currencies fall again as investors make sense of U.S.-China trade tensions and the ongoing government shutdown. Plus, Tether pays $300 million to Celsius Network’s bankruptcy estate. And, John D’Agostino of Coinbase Institutional discusses where crypto markets are headed.
Judge blocks Trump from firing federal workers during government shutdown for now
The Trump administration warned it would use the shutdown to shed federal jobs. President Trump said that the cuts were aimed at “Democrat agencies.”
Trump admin federal job cuts likely to be ‘north of 10,000,’ Vought says
President Donald Trump has vowed to target only “Democrat Agencies” for permanent staffing cuts amid the government shutdown.
Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows
Companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report.
A rebound in transportation stocks would be music to Dow Theorists. But don’t count on it
Industrials have done well post ‘Liberation Day’, but transports have badly lagged.
Retail traders were huge buyers of last week’s market sell-off, but hedge funds sold
Bank of America saw $4.1 billion in inflows to single stocks from clients, the fifth largest since 2008, but hedge funds sat out.
Bunge shares soar 11% after Trump considers China cooking oil embargo
Bunge Global jumped on the back of the Trump administration’s threat to cut off U.S. purchases of Chinese cooking oil.
Government shutdown enters third week with no end in sight
Republican and Democrat senators continued to back opposing bills ahead of vote on stopgap funding that would reopen the U.S. government.