Economy

Economy
Economy

Anthropic researchers say AI could cause human extinction by 2030

A wave of alarm is rippling through the artificial intelligence industry after several researchers from Anthropic warned that the technology could potentially lead to human extinction within the next ten years. The controversy ignited when Jacob Coxon announced his resignation from the firm, claiming that both Anthropic and its primary competitor, OpenAI, are recklessly racing

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Economy

Iran War Updates: Oil tops $100 per barrel as Tehran fires missiles in retaliation for U.S. blowing up tankers

Global oil markets surged into turmoil on Wednesday as Brent crude prices climbed past 101 dollars per barrel, marking the highest level seen since May. This spike comes amid escalating hostilities between Tehran and Washington, following Iranian missile strikes launched in retaliation for U.S. operations that destroyed several tankers. The volatility has sparked deep concern

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Economy

Treasury Department to buy back up to $6 billion in longer-term debt, triple the normal level

The Treasury Department announced on Wednesday that it will buy back up to 6 billion dollars in government debt, a move that triples the usual volume of these operations. This aggressive step comes after Treasury Secretary Scott Bessent previously indicated the department would increase its activity for already issued securities. While officials state the primary

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Economy

Anthropic researcher believes more than 10% chance AI ‘could kill all humans’

A prominent safety researcher at Anthropic has sparked intense debate across the tech world after suggesting there is more than a ten percent chance that artificial intelligence could lead to the extinction of the human race within the next decade. Evan Hubinger, who specializes in AI alignment, shared these concerns on X, noting that while

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Economy

Cargo jet tried to abort unsteady landing before Miami crash, flight data indicates

Investigators are piecing together the final moments of an Amazon cargo flight that ended in tragedy at Miami International Airport this past Sunday. Early analysis of flight data suggests the crew attempted to abort an unsteady landing just seconds before the aircraft overshot the runway and plowed into a shuttle van, killing five people. According

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Economy

U.S. agencies say top Chinese AI companies systematically copied American models

A joint alert issued by the FBI, the National Security Agency, and the Cybersecurity and Infrastructure Security Agency warns that several of China’s leading artificial intelligence firms have spent the last year systematically mining American models to build their own. The report specifically names companies such as DeepSeek, Moonshot AI, and Alibaba, accusing them of

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Economy

NTSB to release readout from cockpit voice recorder following Amazon cargo plane crash that killed 5

Federal investigators are preparing to reveal critical details from the cockpit voice recorder following a devastating accident at Miami International Airport that left five people dead. NTSB Chairwoman Jennifer Homendy announced during a Tuesday evening briefing that officials have successfully recovered both the flight data recorder and the cockpit voice recorder, noting that the latter

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Economy

CNBC Daily Open: Sanctions, strikes and the road to $100 oil

Global energy markets are on edge this week as escalating tensions between Washington and Tehran push oil prices dangerously close to the century mark. Despite official claims that the United States intends to rely primarily on economic leverage to resolve the conflict, recent military actions suggest a far more volatile reality. U.S. Central Command recently

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Economy

New TSA program will allow some people to go through security without a ticket

For decades, the airport security checkpoint has served as a hard boundary between departing travelers and the loved ones seeing them off. However, the Transportation Security Administration is beginning to peel back those restrictions with a new initiative that allows certain individuals to bypass the need for a boarding pass to reach the gates. This

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Economy

Brent crude nears $100 a barrel as U.S.-Iran tit-for-tat strikes stoke supply worries

Global oil markets are on edge this week as Brent crude edges closer to the psychological threshold of 100 dollars a barrel. The surge comes amid a volatile cycle of retaliatory military strikes between the United States and Iran, sparking widespread anxiety that critical energy supplies from the Middle East could be severely disrupted. On

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