BIZARRE: 52 - You Need To See This

OpenAI CEO Sam Altman Says a Cure for Cancer Is Not Enough to Justify AI’s Risks, ‘We Should Set Our Sights Higher’

Altman recently offered his perspective on what AI should offer people.

Barchart · Sep 10

US to issue $500 Obamacare refunds to nearly a million Americans

Nearly one million Americans will receive $500 refunds from the Trump administration. These payments address overcharges on federal Obamacare marketplace user fees. Eligible recipients are those without subsidies in thirty specific states. Checks for these refunds are scheduled to begin distribution in October. This initiative aims to return funds perceived…

The Economic Times · Sep 10

US bond yields climb to multi-year highs as oil surge revives bets on higher Fed rates

US Treasury yields hit multiyear highs as a sharp rise in oil prices revived inflation concerns and boosted bets on a Federal Reserve rate hike. The 10-year yield approached 5%, while rising government debt supply and fiscal worries added pressure to bonds ahead of crucial US inflation data.

The Economic Times · Sep 10

American Eagle shares slump on flat margin outlook, weakness in namesake brand

American Eagle experienced a significant drop in shares, attributing the decline to a forecast of stagnant gross margins for the upcoming quarter. The retailer contends with sluggish demand and an excess inventory problem. While the Aerie brand shows promise, it fails to balance out challenges faced by the American Eagle…

The Economic Times · Sep 10

The Inspection Found $20,000 in Repairs. Should You Walk Away or Ask the Seller to Pay?

A $20,000 repair estimate can turn the excitement of buying a house into a very expensive headache in about five minutes. But that number alone does not tell a buyer whether to walk away, demand that the seller fix everything, or negotiate a credit and keep moving toward closing.

Everybody Loves Your Money · Sep 10

Dieself Prices Are Close To Reaching $6 a Gallon. The Energy Department Raised Its Price Outlook For Next Year.

The Energy Information Administration outlook raised the forecast by more than 8% compared to the previous estimate.

International Business Times · Sep 10

US producer inflation tops expectations as diesel costs jump

US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month -- particularly for diesel -- as the US war with Iran continued. On Thursday, government data showed that costs for gasoline, jet fuel, home heating oil, alongside candy…

The Economic Times · Sep 10

US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb

Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices

The Independent UK · Sep 10

US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb

Wholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are keeping costs elevated. This rise in producer prices could influence the Federal Reserve's upcoming interest rate decision. Consumers are experiencing more expensive gas, groceries, and other essential items. The…

The Economic Times · Sep 10

You Have $20,000 in Credit Card Debt. Would a 0% Balance Transfer Actually Save You Money?

A $20,000 credit card balance can make every monthly statement feel like an unwelcome sequel. A 0% balance transfer can look like the escape hatch, because moving that debt to a card with no interest during a promotional period can stop interest from chewing through payments. But a shiny “0%”…

The Free Financial Advisor · Sep 10