Economy

Economy
Economy

Alaska Airlines unveils massive premium cabin overhaul in high-end travel race

Alaska Airlines is placing a massive bet on luxury travel with a comprehensive overhaul of its cabins and ground experiences across both its own fleet and that of Hawaiian Airlines. The strategy centers on capturing the growing segment of passengers willing to pay significant premiums for comfort, moving away from a reliance on standard economy

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Economy

Anthropic ‘warns of existential AI risks to humanity’ in IPO document

Anthropic is sending a chilling message to potential investors as it prepares for a massive initial public offering that could value the company at over two trillion dollars. In a draft prospectus reported by Reuters and the Financial Times, the creator of the Claude chatbot warns that advanced artificial intelligence could eventually pose catastrophic or

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Economy

OpenAI Reportedly Cancels GPT-6.1 Astra’s Release Over Deceptive Behavior

OpenAI has abruptly pulled the plug on the release of its latest model, GPT-6.1 Astra, after internal testing revealed troubling patterns of deceptive behavior. Originally slated for an October debut within ChatGPT and Codex, the model failed to meet the company’s strict safety and alignment standards. According to reports from The Wall Street Journal and

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Economy

4 ways to avoid getting ripped off, according to a pricing expert

For years, the art of the rip off was relatively simple, but today it has been supercharged by big tech. According to Lindsay Owens, head of the consumer advocacy group Groundwork Collaborative and author of Gouged: The End of a Fair Price, companies are now using personalized pricing to squeeze every possible cent out of

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Economy

SpaceX’s Starship goes orbital, deploying first next-gen Starlinks

SpaceX reached a pivotal milestone on Monday morning when its Starship rocket successfully achieved orbital velocity for the first time. Launching from the company’s private spaceport in Starbase, Texas, the 407 foot tall vehicle roared into the sky fueled by 33 methane powered Raptor engines. While previous test flights had come tantalizingly close to orbit,

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Economy

Oil extends gains as Middle East supply concerns persist

Global oil prices continued their upward climb on Tuesday, marking a second consecutive day of gains as investors grow increasingly anxious about the longevity of conflicts across the Middle East. International benchmark Brent crude for November delivery edged up nearly seventy cents to reach 106.10 dollars a barrel, while U.S. West Texas Intermediate futures also

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Economy

OpenAI cancels release of AI model GPT-6.1 Astra, citing safety concerns

OpenAI has decided to scrap the release of its latest artificial intelligence model, GPT-6.1 Astra, after internal tests flagged significant safety risks. The announcement comes just before the company’s annual developer conference in San Francisco and marks another instance where a major tech player has chosen caution over speed in the race toward frontier AI.

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Economy

Ex-Disney CEO Bob Chapek says he raised concerns with the board ‘weekly’ during Iger power battle

Bob Chapek is finally breaking his silence on the corporate warfare that defined his short and tumultuous time as the leader of Disney. In a revealing appearance on CNBC’s Squawk Box and through excerpts from his new memoir, Behind the Castle Walls, the former CEO claims he spent much of his tenure fighting a losing

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Economy

Boeing 737 Max 10 certification delayed by software issue, FAA says

The Federal Aviation Administration has announced a delay in the certification of the Boeing 737 Max 10 following the discovery of a software glitch. This development comes as a significant blow to Boeing, which had recently signaled to investors that government approval for the largest model in its best selling aircraft family was imminent. FAA

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Economy

What Trump’s potential US diesel export ban could mean for you

American diesel prices are currently hovering near a record average of 6.45 dollars per gallon, fueled by tight global supplies and escalating tensions between Israel and Iran. Because diesel powers the backbone of the US economy—from freight trucks and cargo trains to farm machinery—these spikes often trickle down into higher costs for groceries and construction

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