Music publishers sue Anthropic, allege "blantant theft" of copyrighted music The suit is likely the opening salvo in what promises to be a long battle over intellectual property. Axios · Sep 4
Trump Is Taking a Stake in Venezuela's Oil Industry and This Crony Is Cashing In Alejandro Betancourt has become the key go-between for the Trump administration, Venezuela’s new regime, and American oil companies. Reason · Sep 3
Google shipped four Gemini Flash models in 106 days. Yet its Gemini 3.5 Pro is still AWOL. On DeepSWE, Gemini 3.8 tied Anthropic’s Claude Opus 5 at a 74% pass rate while costing about one-fifth as much, as Google’s promised Gemini 3.5 Pro remains in limbo. Fortune · Sep 3
US Market: Coinbase seeks US nod to bring equity perpetuals to investors Coinbase has submitted registration documents to the SEC for its new equity perpetuals, enhancing its derivative products for U.S. investors. Before launch, the Commodity Futures Trading Commission must grant approval. With no expiration date, equity perpetuals mirror underlying assets, sparking global interest and heightening competition in the U.S. exchange sector. The Economic Times · Sep 4
Nvidia acquires Hugging Face for $12.93 billion — company gains control of major AI model distribution platform Nvidia expands beyond AI hardware with its $12.93 billion acquisition of Hugging Face, gains control of a major open AI model platform, vows to preserve its support for competing models, clouds, and hardware platforms. Tom’s Hardware · Sep 3
US Fed rate cut bets fall below 50% after Governor Chris Waller’s comments. What did he say? Expectations of a US Federal Reserve rate cut at its September 16 meeting have weakened sharply, with traders now pricing in less than a 50% chance of a reduction, according to CME FedWatch data. Comments from Fed officials, including Christopher Waller and Kevin Warsh, have reinforced uncertainty over the policy… The Economic Times · Sep 4
US Market: Rising R-star adds to pressure on US Treasury yields as AI investment, borrowing lift demand for capital US Treasury yields are rising partly on expectations that R-star, the economy’s neutral interest rate, may be structurally higher. Heavy government borrowing and AI investment are boosting capital demand, potentially keeping rates elevated longer. A higher R-star could limit Federal Reserve rate cuts, pressure Treasury prices and increase borrowing costs… The Economic Times · Sep 4
Russia Sanctions Bill: India gets a breather as Trump’s 100% tariff weapon stalls in US House A US Senate bill to impose tougher sanctions on Russia is facing growing opposition in the House, making it unlikely to move before the November midterm elections. The bill could allow President Donald Trump to impose 100% tariffs on major buyers of Russian oil and gas, including India, China and… The Economic Times · Sep 4
United States likely added 65,000 jobs last month, but jobseekers struggle and pay gains are meager The U.S. Labor Department is expected to report that the American job market bounced back last month from a dismal July The Independent UK · Sep 4
OpenAI CEO Sam Altman says 38,000 ChatGPT queries use as much water as the production of one almond — says data centers use no more water than an office building Sam Altman says that a single almond uses up more water than 38,000 ChatGPT queries. He said that the concerns of people about data centers using up so much water are nothing but a "robust meme," and that the claim doesn't hold up to any scrutiny. Tom’s Hardware · Sep 3
Xbox Cloud Gaming Imposes Streaming Limits to Only 15 Hours Per Month—What Happens After? Xbox Cloud Gaming imposes limits to its streaming features, with the highest tier getting only 15 hours per month. Player One · Sep 4
Soda sales fizzle out after changes to food stamps prevent recipients from buying pop Restricting sugary drink purchases for SNAP recipients will ‘help put real food back at the center of the program,’ Health Secretary Robert F. Kennedy Jr. said The Independent UK · Sep 3
AI Not the Biggest Villain This Time: US Layoffs Fall To Four-Year Low, Corporate Restructuring Drives Cuts US employers announced 52,881 job cuts in August 2026, marking the slowest August for layoffs since 2022, with AI concerns persisting but not being the primary cause. International Business Times UK · Sep 3
US stocks today: Dow soars 600 pts, S&P, Nasdaq over 1% as Fed governor Waller's remarks ease rate hike fears US stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The S&P 500, Nasdaq and Dow Jones all gained, while Nvidia and software stocks rose. Broadcom fell after its revenue forecast failed to meet high AI expectations. The Economic Times · Sep 3
The Economic Times · Sep 3 US 30-year mortgage rate hits highest level in more than a year US 30-year mortgage rates have climbed to their highest level in more than a year, adding to affordability pressures for homebuyers. The rise comes as Treasury yields remain elevated amid inflation concerns, government borrowing needs and Middle East tensions, while Fed Governor Christopher J. Waller signals a possible pause on…
The Economic Times · Sep 3 Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.
Kiplinger · Sep 3 Not All Debt Is a Four-Letter Word: Are You Avoiding the Kind of Debt That Could Benefit You? Debt can be a tool for long-term financial well-being. Loans for education, business expansion or high-interest consolidation can help you build wealth.
The Economic Times · Sep 3 Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higher Fed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate higher, potentially keeping borrowing costs elevated. He also warned that the US cannot simply grow its way out of its $40 trillion debt burden without bringing structural deficits closer…
Latin Times · Sep 3 What You Need to Know About the $20 Billion Lawsuit That Could Change Amazon Ads Forever Regulators say Amazon secretly overcharged advertisers by more than $20 billion in hidden ad fees. Texas filed its own separate lawsuit the same day.
The Economic Times · Sep 3 Psychology says people who just do the bare minimum at work aren’t necessarily lazy: What this behaviour reveals? Psychology says people who just do the bare minimum at work aren’t necessarily lazy. They may be dealing with burnout, low recognition, unfair rewards, or a lack of motivation. This behavior is linked to quiet quitting and Act Your Wage. Psychology theories explain why employees may protect their energy, set…
Everybody Loves Your Money · Sep 3 Could Someone Be Collecting a Commission From Your Health Insurance Without Your Knowledge? A health insurance agent or broker can earn a commission from an insurance company when they help someone enroll in a plan, and that payment may never appear as a separate charge on the consumer’s bill. That does not automatically mean something shady happened, but it does create an important…
The Free Financial Advisor · Sep 3 What Happens When You Pay Your Credit Card Bill Every Week Instead of Once a Month Paying a credit card bill once a month feels like the default setting because, well, that is how the statement arrives. But sending a payment every week can change the way money moves through the account, especially for someone who tends to spend throughout the month and then gets a…
International Business Times UK · Sep 3 Dell Stock Skyrockets After Q2 EPS Surges 200%, AI Server Business Secures $60.9B in Orders Dell Technologies stock surged 15% following a 203% rise in Q2 adjusted EPS, driven by record AI server revenue, as well as a 122% revenue growth in its traditional servers and networking segment.
Saving Advice · Sep 3 FTC and 22 States Sue Amazon, Alleging Secret Ad Scheme Cost Advertisers More Than $20 Billion Amazon is facing a new federal lawsuit alleging the company secretly manipulated the auctions used to determine advertising prices, costing more than 1.2 million brands...
The Independent UK · Sep 3 Unemployment claims tick up to 206,000 but remain at historically low levels More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels