Mystery winner buys T. rex nicknamed 'Gus' for a record $50 million at auction
Read full article: Mystery winner buys T. rex nicknamed 'Gus' for a record $50 million at auctionA Tyrannosaurus rex fossil billed as one of the worldās largest and most complete specimens has sold for a record $50.1 million at an auction.
Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed
Read full article: Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosedBillionaire Warren Buffett omitted Bill Gatesā² foundation from his annual donations this year after disclosures of the Microsoft co-founderās ties to convicted sex offender Jeffrey Epstein.
An experimental Alzheimer's drug shows promise targeting a different brain protein, new study shows
Read full article: An experimental Alzheimer's drug shows promise targeting a different brain protein, new study showsAn experimental drug might help slow early Alzheimer's disease in a markedly different way than current treatments ā by lowering the brain's production of a protein called tau.
Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
Read full article: Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next moveFederal Reserve Chair Kevin Warsh pledged to make high inflation āa thing of the pastā in his first congressional testimony Tuesday, yet provided no signal about the central bankās next steps.
Earthquake aid keeps flowing from Florida to Venezuela, as volunteers unite to help recovery
Read full article: Earthquake aid keeps flowing from Florida to Venezuela, as volunteers unite to help recoveryEighteen-year-old Alessandra Izaguirre is part of a massive grassroots effort to help Venezuela after devastating earthquakes.
Banks rake in big profits as both Wall Street and the US consumer stay strong
Read full article: Banks rake in big profits as both Wall Street and the US consumer stay strongFive of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty.
New York won't build big data centers for a year as it weighs energy and climate risks
Read full article: New York won't build big data centers for a year as it weighs energy and climate risksNew York is blocking new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid.
US launches additional strikes on Iran ahead of restoring blockade, American official says
Read full article: US launches additional strikes on Iran ahead of restoring blockade, American official saysThe U.S. military has conducted yet another round of strikes on military targets in Iran with just hours left before the blockade of Iranian ports is set to go into effect.
Subpoenas issued to NY Times reporters seen as 'unprecedented' threat to press freedom
Read full article: Subpoenas issued to NY Times reporters seen as 'unprecedented' threat to press freedomMedia advocates have reacted with alarm to subpoenas issued to five New York Times journalists who reported on security concerns about the new Air Force One.
China's June exports surge 27% from a year earlier as AI boom drives strong demand
Read full article: China's June exports surge 27% from a year earlier as AI boom drives strong demandChina has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence.
Inflation cools more than expected in June as gas costs fall, underlying prices ease
Read full article: Inflation cools more than expected in June as gas costs fall, underlying prices easeU.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected.
Hundreds of economists say 'we must act now' on AIās economic impact and job displacement risks
Read full article: Hundreds of economists say 'we must act now' on AIās economic impact and job displacement risksHundreds of economists urge immediate action to address AI's potential impact on the economy.
Judge says Trump IRS lawsuit was filed for 'improper purpose,' refers lawyer for possible discipline
Read full article: Judge says Trump IRS lawsuit was filed for 'improper purpose,' refers lawyer for possible disciplineA federal judge says President Donald Trumpās lawsuit against the IRS over his leaked tax returns was filed for an āimproper purposeā as she referred one of his attorneys for possible disciplinary action.
Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
Read full article: Regulators issue new guidance on bank lending risk tied to borrowers living illegally in USThe Trump administration is cracking down on banks lending to people living in the U.S. illegally.
Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
Read full article: Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricityAmerican consumers ā and the Federal Reserve ā are being hit with another high-cost headache.
Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
Read full article: Oil prices jump following the latest fighting in the Middle East, while AI stocks sinkOil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets.
Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spill
Read full article: Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spillA proposed legal settlement with the U.S. government would require the Keystone Pipeline systemās operator to pay a civil penalty of nearly $27 million over a major oil spill in Kansas in December 2022.
Disney's live-action 'Moana' crashes to shore with an underwhelming splash at the box office
Read full article: Disney's live-action 'Moana' crashes to shore with an underwhelming splash at the box officeDisney's live-action āMoanaā may be the top movie at the box office, but it didn't make a big splash in its first weekend.
Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
Read full article: Volkswagen CEO looks to avoid plant closures as automaker moves to cut costsVolkswagenās CEO has indicated that heās trying to avoid closing plants as he seeks to turn around the automakerās performance.
Focus turns to building stronger institutions in Africa to speed shift to renewable energy
Read full article: Focus turns to building stronger institutions in Africa to speed shift to renewable energyAfricaās renewable energy transition is entering a new phase as the continent shifts from proving that clean energy works to building the institutions needed to deploy it at scale.
Meta appeals landmark jury verdict that found it to blame for social media addiction for young users
Read full article: Meta appeals landmark jury verdict that found it to blame for social media addiction for young usersMeta, the parent company of Instagram and Facebook, is appealing the verdict of a landmark social media addiction lawsuit in Los Angeles.
Fellow passengers pull back man partly sucked out of broken window on a flight from Greece
Read full article: Fellow passengers pull back man partly sucked out of broken window on a flight from GreeceA passenger on board a flight from Greece to Germany was partially sucked out of a window when it broke soon after takeoff.
SK Hynix rises 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
Read full article: SK Hynix rises 13% in debut on Wall Street as demand for memory chips soars amid AI frenzyShares of South Korean memory chipmaker SK Hynix rose 13% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence.
US demands Iran publicly state that Strait of Hormuz is open and Tehran won't attack ships anymore
Read full article: US demands Iran publicly state that Strait of Hormuz is open and Tehran won't attack ships anymoreThe U.S. is demanding that Iran make a public statement saying the Strait of Hormuz is open and that ships crossing the vital corridor wonāt be attacked anymore.
EU demands Facebook and Instagram dismantle design features it calls addictive for users
Read full article: EU demands Facebook and Instagram dismantle design features it calls addictive for usersThe European Union is accusing Meta of breaching social media laws by designing Facebook and Instagram to be addictive.
New York construction scare highlights the challenges of converting offices into housing
Read full article: New York construction scare highlights the challenges of converting offices into housingThe buckling of two steel columns at the former Pfizer headquarters in Manhattan has raised questions about one of the nationās largest office-to-apartment conversions.
Andreessen, Chetty among leaders of Fed's new task forces evaluating operations
Read full article: Andreessen, Chetty among leaders of Fed's new task forces evaluating operationsVenture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bankās operations.
LA uses World Cup to show off upgraded public transit and test plans to hold car-free Olympics
Read full article: LA uses World Cup to show off upgraded public transit and test plans to hold car-free OlympicsLos Angeles officials have urged fans to chose public transit over driving during the 2026 FIFA World Cup.
Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
Read full article: Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costsThe average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers.
News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fight
Read full article: News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fightThe New York Times, the Daily News and other media outlets are asking a federal judge to impose sanctions on OpenAI, escalating a legal fight over artificial intelligence and copyright that could shape the future of a struggling news industry.
US home prices hit an all-time high as sales slow and mortgage rates rise
Read full article: US home prices hit an all-time high as sales slow and mortgage rates riseSales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyersā affordability challenges.
US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
Read full article: US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levelsThe number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low.
PepsiCo says economic concerns weighed on customers in North American during recent quarter
Read full article: PepsiCo says economic concerns weighed on customers in North American during recent quarterPepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns.
Ukrainian drones batter Russian oil facilities and set more oil tankers ablaze
Read full article: Ukrainian drones batter Russian oil facilities and set more oil tankers ablazeUkrainian drones hit more Russian oil facilities and set two oil tankers ablaze in the Sea of Azov, a day after U.S. President Donald Trump pledged to grant Ukraine a license to manufacture the Patriot air defense systems.
Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide
Read full article: Stocks recover losses, and oil prices ease as calm returns to financial markets worldwideStocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran.
Meta plans billions for first AI data center in Canada, largest outside the US
Read full article: Meta plans billions for first AI data center in Canada, largest outside the USFacebook and Instagram parent Meta said Wednesday it will invest more than 13 billion Canadian dollars ($9.1 billion) to build its first artificial intelligence data center in Canada and its largest outside the United States.
Fed minutes: Officials deeply divided over future path of US inflation
Read full article: Fed minutes: Officials deeply divided over future path of US inflationThe Federal Reserve's rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday.
Obamacare premiums surged this year. A new analysis shows it's likely to happen again in 2027
Read full article: Obamacare premiums surged this year. A new analysis shows it's likely to happen again in 2027A new analysis of early rate filings shows that Affordable Care Act insurers are proposing another year of double-digit premium increases.
Polymarket is in a high-stakes race to win back trust as it recommits to the US market
Read full article: Polymarket is in a high-stakes race to win back trust as it recommits to the US marketAfter four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public.
Oil prices rise, and stocks drop worldwide after Trump says ceasefire with Iran is 'over'
Read full article: Oil prices rise, and stocks drop worldwide after Trump says ceasefire with Iran is 'over'Oil prices rose, and stock markets dropped in shaky trading worldwide after President Donald Trump raised doubts about the temporary truce in the war with Iran.
US launches new airstrikes on Iran, with Tehran firing back at 3 Gulf Arab states
Read full article: US launches new airstrikes on Iran, with Tehran firing back at 3 Gulf Arab statesThe United States launched new airstrikes against Iran early Thursday, and Tehran responded by hitting Bahrain, Kuwait and Qatar in crossfire that again threatened an interim deal intended to help end the war.
IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI
Read full article: IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AIThe International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war.
South Korean law targeting 'fake news' takes effect as journalists' groups raise concerns
Read full article: South Korean law targeting 'fake news' takes effect as journalists' groups raise concernsSouth Korea is enforcing a law that allows steep punitive damages against news outlets and social media influencers for spreading false information as journalist groups warned it could chill public discourse and invite censorship.
US launches new strikes on Iran, revokes oil sales permit after 3 ships attacked in Strait of Hormuz
Read full article: US launches new strikes on Iran, revokes oil sales permit after 3 ships attacked in Strait of HormuzThe U.S. military has attacked Iran after it said Tehran struck three ships in the Strait of Hormuz.
Is AI ready to take over your prescriptions? Doctors are wary of Utah's automated refill program
Read full article: Is AI ready to take over your prescriptions? Doctors are wary of Utah's automated refill programAn AI program in the state of Utah has sparked a vigorous debate about the role of the technology in health care.
Trump rings Wall Street's opening bells as he ties his presidency to stock market gains
Read full article: Trump rings Wall Street's opening bells as he ties his presidency to stock market gainsPresident Donald Trump has rung the opening bells for the New York Stock Exchange and the Nasdaq from the Oval Office.
Nonprofits and brands are navigating the partisan air of the 250th in search of a unifying tone
Read full article: Nonprofits and brands are navigating the partisan air of the 250th in search of a unifying toneNonprofits and companies want to unite Americans behind community service drives and patriotic brand activations in the nation's 250th year.
Delta pilot reports a close encounter with a July Fourth firework before landing in Chicago
Read full article: Delta pilot reports a close encounter with a July Fourth firework before landing in ChicagoA Delta Air Lines flight and a high-flying firework reportedly came into contact in the sky above Chicago as the city celebrated the Fourth of July holiday.
Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on Russia
Read full article: Ukrainian drones hit St Petersburg oil terminal in latest long-range attack on RussiaUkrainian drones have struck an oil terminal in St. Petersburg as Kyiv ramps up bombardment of Russiaās oil infrastructure.
Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ring
Read full article: Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ringA lavish gold ring encrusted with diamonds, sapphires, emeralds and rubies has been presented to the U.S. ambassador to Belgium to give to President Donald Trump.
A California farmer is giving away tons of nectarines that he's not allowed to sell
Read full article: A California farmer is giving away tons of nectarines that he's not allowed to sellA California farmer has been giving away free nectarines this week amid a legal dispute with a food market and distributing company claiming exclusive rights over the variety of white nectarine he grows.
StubHub sued by fans who say ticket cancellations crushed dreams of going to World Cup
Read full article: StubHub sued by fans who say ticket cancellations crushed dreams of going to World CupAfter weeks of complaints from frustrated fans, StubHub is being sued by customers who say the ticket resellerās inability to fulfill orders crushed their dreams of going to World Cup.
Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
Read full article: Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeksThe average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers.
Heat adds to strains on areas with data centers, raising the temperature on AI debates
Read full article: Heat adds to strains on areas with data centers, raising the temperature on AI debatesExtreme heat like the weather sweeping the eastern U.S. drives up energy demands for data centers, adding to their strain on power grids and worsening air quality for surrounding areas.
What polling shows about Americansā interest in the World Cup and USMNT
Read full article: What polling shows about Americansā interest in the World Cup and USMNTNew polling from Ipsos Sports, provided exclusively to The Associated Press, shows that the World Cup has excited soccer fans and piqued many Americansā interest, even as the sport continues to face an uphill climb to reach mainstream popularity in the United States.
Tesla sales jumped last quarter in a possible sign the worst of the Musk backlash is behind it
Read full article: Tesla sales jumped last quarter in a possible sign the worst of the Musk backlash is behind itTesla car sales jumped over the past three months in a possible sign the worst of the boycotts against the automaker and lost market share to rivals are behind it.
Trump administration proposes a rule it says could save Medicare patients $1.1 billion on drugs
Read full article: Trump administration proposes a rule it says could save Medicare patients $1.1 billion on drugsThe Trump administration is proposing a new rule to keep hospitals from marking up discounted drugs for Medicare patients.
U.S. filings for jobless aid fall to 215,000 as layoffs remain at historically healthy levels
Read full article: U.S. filings for jobless aid fall to 215,000 as layoffs remain at historically healthy levelsU.S. applications for jobless aid inched down last week as layoffs remain at historically healthy levels.
A grim job outlook meets a scrappy workforce as administrative assistants harness AI
Read full article: A grim job outlook meets a scrappy workforce as administrative assistants harness AIEmployment data offers a grim outlook for secretaries and administrative assistants in the age of artificial intelligence, but workers in the women-dominated occupation say the numbers donāt tell the whole story.
Iran warns oil tankers to use approved routes in Strait of Hormuz or face a 'forceful response'
Read full article: Iran warns oil tankers to use approved routes in Strait of Hormuz or face a 'forceful response'Iranās joint military command has warned that all oil tankers moving through the Strait of Hormuz must use its approved routes or face a āforceful response.ā.
The Dow hits a record as most of Wall Street rises, but slumping AI stocks keep indexes mixed
Read full article: The Dow hits a record as most of Wall Street rises, but slumping AI stocks keep indexes mixedMost U.S. stocks rose, and the Dow Jones Industrial Average set another record, but more drops for chip stocks and other AI winners kept indexes mixed.
UPS never required detailed inspection of part that failed before engine flew off plane that crashed
Read full article: UPS never required detailed inspection of part that failed before engine flew off plane that crashedUPS never required the detailed inspections needed to spot the problem that allowed an engine to fly off one of its planes before it crashed and killed 15 people last fall even after Boeing recommended it years earlier.
Crypto, real estate, watches: How Trump made over $1 billion last year
Read full article: Crypto, real estate, watches: How Trump made over $1 billion last yearThe latest disclosure report listing President Donald Trump's financial holdings shows he took in about $1.2 billion last year from crypto holdings, overshadowing a real estate business that first brought him fame.
US employers still reluctant to add many jobs as hiring slows in June
Read full article: US employers still reluctant to add many jobs as hiring slows in JuneU.S. employers pulled back on hiring last month and added only 57,000 jobs, less than half the previous monthās total and a sign companies still have a cautious economic outlook.
Trump administration lifts restrictions on Anthropic's Claude models after cybersecurity alarm
Read full article: Trump administration lifts restrictions on Anthropic's Claude models after cybersecurity alarmThe Trump administration has lifted restrictions on artificial intelligence company Anthropicās latest versions of its Claude chatbot, ending a weekslong ban tied to cybersecurity concerns.
Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation
Read full article: Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflationNew Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Trump has sought.
Judge orders Pentagon to lift policy that journalists be accompanied by an escort
Read full article: Judge orders Pentagon to lift policy that journalists be accompanied by an escortA federal judge has ordered the Defense Department to lift its requirement that journalists be accompanied by an escort while in the Pentagon.
Zelenskyy says Ukraine has hit a Russian oil refinery for the second time in a week
Read full article: Zelenskyy says Ukraine has hit a Russian oil refinery for the second time in a weekUkrainian forces have struck Russia's major Ufa oil refinery for the second time in a week, President Volodymyr Zelenskyy said Wednesday.