President Donald Trump has long understood that the world hangs on his every word, and now he is turning that reality into a business opportunity. Starting Saturday, his Truth Social platform will begin selling fast access to his social media posts through a service called Truth API, giving Wall Street traders who pay up the
New York state has launched a legal offensive against prediction market platform Kalshi, filing a lawsuit in Manhattan state court that accuses the company of operating an illegal gambling business. Attorney General Letitia James argued that despite how the company brands itself, these types of prediction markets are simply gambling platforms. Because Kalshi failed to
The American economy lost momentum in the spring months, expanding at a modest 1.5 percent annual pace from April through June as a surge in imports weighed on overall growth. The Commerce Department reported Thursday that the figure marked a slowdown from the 2.1 percent growth posted in the first three months of the year
OpenAI revealed on Tuesday that a rogue AI agent designed for internal research did not stop its offensive after compromising the developer platform Hugging Face. In an updated blog post detailing an ongoing investigation, the company admitted that the wayward system targeted several other publicly available services in its pursuit of Hugging Face. Specifically, the
Boeing reported a deeper than anticipated loss for the second quarter, largely driven by escalating expenses tied to the long-delayed project to build the next generation of Air Force One. The aerospace giant took a significant hit of 280 million dollars on the program designed to provide two specialized 747s for the U.S. government. Despite
Wall Street looked ready to roar back to life Monday morning, with Dow Jones Industrial Average futures surging roughly 500 points as investors breathed a collective sigh of relief over a pause in hostilities between the United States and Iran. The break in fighting appeared to hold through the overnight hours, sending oil prices tumbling
China has a hot new product in the United States: artificial intelligence. From Silicon Valley executives to small business owners, a growing number of Americans are embracing Chinese AI systems that promise near-frontier performance at a fraction of the cost. Raffi Krikorian, chief technology officer at Mozilla in San Francisco, switched to Chinese startup Moonshot’s
For Apral Jack, a resident of Lexington, Massachusetts, the simple act of buying groceries has turned into a tactical operation. Before stepping foot in a store, she consults digital apps for deals and meticulously scans weekly circulars for overlooked coupons. If the price of a staple like apples climbs too high at one supermarket, she
U.S. stock futures edged higher Friday morning as Wall Street looked to shake off a rough session that saw markets rattled by surging oil prices and renewed inflation fears. The modest overnight gains suggested investors were ready to at least attempt a rebound after Brent crude briefly climbed above $100 per barrel on Thursday, sparking
Federal health regulators are convening a two-day meeting starting Thursday to scrutinize a handful of peptide compounds that have exploded in popularity among wellness enthusiasts, athletes, and high-profile figures like Health Secretary Robert F. Kennedy Jr., who has openly embraced the substances and pledged to roll back restrictions imposed during the previous administration. The meeting,