Business news

Business news • Apr 11

Polymarket’s $269 Million Question: Did U.S. Forces ‘Enter’ Iran?

While the Middle East was breathing a sigh of relief at the U.S.-Iran cease-fire, a big-money battle was raging at Polymarket.

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Business news • Apr 11

High Gas Prices Are Tempting Americans Back to EVs

Electric-vehicle sales plunged after president ended $7500 tax credit, but high gas prices just helped drive 12% jump in used-EV sales.

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Business news • Apr 11

McDonald’s CEO blames mother’s etiquette training for awkward burger bite in video

Chris Kempczinski's taste test was mocked online, to which he said his mother had taught him: 'Don't talk with your mouth full'

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Business news • Apr 11

‘Spring Clean’ Your Finances: How to Overhaul Your Spending and Savings to Stay on Track

When the world feels uncertain, spend the season of renewal taking charge of what you can control: your budget.

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Business news • Apr 11

How AI is getting better at finding security holes

Anthropic announced this week that its new model found security flaws in "every major operating system and web browser." Even before the news, AI models had...

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Business news • Apr 11

Anthropic’s latest AI model strikes fear into banks

Mythos required an emergency meeting between government officials and bank leaders.

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Business news • Apr 11

AI Takes Charge at Retail Store: What Are the Risks?

The rapid integration of artificial intelligence (AI) into retail settings has sparked both innovation and concern. A notable example is Andon Market's AI...

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Business news • Apr 11

OpenAI identifies security issue involving third-party tool, says user data was not accessed

OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that...

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Business news • Apr 11

The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt

U.S. housing is experiencing a historic “reversion to the mean.” In other words, the formerly sizzling metros have gone cold, and the unsexy plodders are...

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Business news • Apr 11

San Francisco store created and managed by AI

Shoppers in San Francisco now have access to a store built, developed and run almost entirely by an AI bot.

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Business news • Apr 11

New Hillsboro In-N-Out almost done—but neighbors worry about traffic

While excitement builds for one of the first In-N-Out locations in the Portland metro, some community members say they're concerned about increased traffic.

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Business news • Apr 11

US Fed, Treasury assess spillover risks from $1.8 trillion private credit

The Fed and Treasury assess $1.8 trillion private credit risks, focusing on banks and insurance exposures to mitigate financial instability.

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Business news • Apr 11

Opinion | The skunk at the garden party

As inflation spiked to its highest reading in two years, it's easy to blame the Iran war, which raised energy prices by 13 percent. But the bigger takeaway...

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Business news • Apr 11

Clients’ barrage of AI-generated queries risks pushing up lawyers’ fees

Clients are sending their lawyers swaths of letters, emails, questions and patents generated by AI chatbots, raising the prospect of higher legal bills to...

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Business news • Apr 11

Anthropic closes in on OpenAI as US business use surges

Divergence reflects company's recent rapid growth owing to strong interest in its Claude Code products.

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Business news • Apr 11

Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi

A judge has temporarily barred Arizona from enforcing its gambling laws against predictive market operators like Kalshi.

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Business news • Apr 11

Vineyard Wind Sues Turbine Manufacturer To Stop It From Backing Out Of Wind Farm; $4.5 Billion Project In Jeopardy

The damaged Vineyard Wind turbine in August 2024. The defective blades manufactured by GE Vernova are at the heart of the new legal dispute between the...

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Business news • Apr 11

Sam Altman Confirms Molotov Cocktail Incident and Responds to “Incendiary” New Yorker Investigation

The OpenAI CEO covers a lot of ground in the personal blog post, shared Friday afternoon, by opening up on Ronan Farrow and Andrew Marantz's investigation...

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Business news • Apr 11

Record gas price surge fuels sharp rise in U.S. inflation

WASHINGTON >> U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline...

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Business news • Apr 11

US Postal Service to suspend employer pay to workers’ pensions, citing cash crunch

The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees...

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