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Tesla CEO Elon Musk went on a podcast this week to express regret over the time he spent trying to destroy the American government, claiming that he wouldn’t do it again. In the first half of this year, Musk took a position advising convicted felon Donald Trump (who cannot legally hold office in the US)…

Powerball® is giving players the chance to play for a jackpot estimated at $1 billion this Saturday! The jackpot carries an estimated cash value of $461.3 million. Saturday’s jackpot ranks as the seventh-largest in Powerball history. It’s also the second Powerball jackpot to reach $1 billion this year, following the $1.787 billion jackpot won on…

A home is shown for sale in The Heights in Houston, Monday, Oct. 27, 2025. Kirk Sides | Houston Chronicle | Getty Images Home prices have finally come down compared with last year, though just fractionally, according to daily reads from Parcl Labs, which looks at high-frequency listing data on single-family homes, condos and townhomes,…

Transportation Autonomous Cars The company’s chips, quoted at 1,600 trillion operations a second, will fuel a new push into self-driving cars for the EV company. The company’s chips, quoted at 1,600 trillion operations a second, will fuel a new push into self-driving cars for the EV company. Dec 11, 2025, 5:20 PM UTC Andrew J….

According to OpenAI, its new model ‘hallucinates less’ and is more accurate than GPT-5.1. According to OpenAI, its new model ‘hallucinates less’ and is more accurate than GPT-5.1. Dec 11, 2025, 6:00 PM UTC Hayden Field is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also…

At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation. “We hear loud and clear” the concerns about affordability, Powell said. But what Powell and the Fed can do about affordability is a different story. “There’s actually not much they can do about that,” Apollo chief economist…

NEW YORK (AP) — The year the radio station company where he worked held its holiday party at a dive bar, Ryan Arnold walked in and saw coworkers passing around a tall glass boot filled with beer. He heard the office manager belting out ‘80s power ballads between whiskey shots. Arnold’s first thought was, “When…

Some social media users in the Netherlands said they couldn’t stomach it, so McDonald’s has withdrawn an advertisement generated entirely by artificial intelligence. Entitled “the most terrible time of the year,” the 45-second video was released on the fast-food giant’s YouTube channel for the country Saturday. As a reworked version of the Andy Williams song…

Dec 11 (Reuters) – J.P. Morgan said on Thursday that it issued a U.S. commercial paper for Galaxy Digital Holdings on the Solana blockchain, ​marking an important step in the broader institutional adoption of digital assets. Cryptocurrency ‌exchange Coinbase Global and investment management firm Franklin Templeton purchased the commercial paper, a short term and ‌unsecured…

Shares of cloud computing giant Oracle plunged on Thursday, after weaker-than-expected revenues stoked concerns about returns from massive spending on artificial intelligence. The company’s shares sank 14% after it had reported revenue of $16.1bn (£12bn) for the three months to November on Wednesday, compared with the $16.2bn projected by analysts. Revenue growth was still up…

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The “Architects of AI” were named Time’s person of the year Thursday, with the magazine citing 2025 as when the potential of artificial intelligence “roared into view” with no turning back. “For delivering the age of thinking machines, for wowing and worrying humanity, for transforming the present and transcending the possible, the Architects of AI…

WASHINGTON (AP) — Sweeping taxes on imports have cost the average American household nearly $1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress’ Joint Economic Committee. Using Treasury Department numbers on revenue from tariffs and Goldman Sachs estimates of who ends up paying for them, the…

The mobile-messaging application WhatsApp is displayed on an Apple iPhone Brent Lewin | Bloomberg | Getty Images For investment firms of the ultra rich, WhatsApp is a one-stop shop for everything from vetting deals to finding the best surgeons. Sam Nallen Copley, an investment advisor at a London-based family office, runs a 970-person WhatsApp group…

Treasury Secretary Scott Bessent on Thursday proposed a major change in how the government approaches financial regulation and stability. In a letter released Thursday afternoon, Bessent will recommended altering the approach of the Financial Stability Oversight Council. Whereas the agency’s focus had been tightening regulations and oversight of the institutions it oversees, the new plan…

Traders work on the floor at the New York Stock Exchange on June 18, 2025. Brendan McDermid | Reuters The Dow Jones Industrial Average and S&P 500 reached new heights on Thursday, as a Federal Reserve interest rate cut followed by disappointing Oracle results prompted investors to move out of high-flying tech stocks and into…

YouTube TV has confirmed plans to launch a series of lower-cost, genre-focused subscription tiers in early 2026, marking the most significant restructuring of its live television offering since the service debuted in 2017. The new lineup, branded YouTube TV Plans, will consist of more than ten specialized packages built around sports, news, kids and family…

The Fed just slashed its benchmark rate again and that could have an impact on mortgage rates. Getty Images/iStockphoto The Federal Reserve delivered big financial news this week, announcing yet another interest rate cut — its third in just four months. With this latest rate cut, the Fed has sliced another 25 basis points off…

Topline The Powerball jackpot hit $1 billion—the second biggest lottery prize of 2025 so far—after no tickets matched all six numbers drawn on Wednesday night, although the eventual winner will take home a much smaller payout after taxes and deductions. Key Facts The six numbers drawn on Wednesday night were 10, 16, 29, 33, 69…

News and notes from around the interweb: Don’t trust Instacart prices. Right now, Instacart is quietly running experiments on millions of us while we shop for groceries online. They are trying to figure out exactly how much they can get away with charging you for breakfast cereal, lunch meat, pasta, and everything in between. How…

After a string of disturbing mental health incidents involving AI chatbots, a group of state attorneys general have sent a letter to the AI industry’s top companies, with a warning to fix “delusional outputs” or risk being in breach of state law.  The letter, signed by dozens of AGs from U.S. states and territories with…

A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters Big Tech is doubling down on investing billions in India, drawn by its abundance of resources for building data centers,…

Danielle KayeBusiness reporter Reuters The US Federal Reserve has lowered interest rates for the third time this year, even as internal divisions create uncertainty about additional cuts in the coming months. The central bank said on Wednesday it was lowering the target for its key lending rate by 0.25 percentage points, putting it in a…

This week, President Donald Trump announced that he would allow US chipmaker Nvidia to sell its advanced H200 chips to China, describing the move as overturning a failed Biden administration policy that he says “slowed innovation and hurt the American worker.” He continued, “That era is over.” The first notable thing about the decision is…

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Business Quincey to become executive chairman of the Atlanta beverage giant. Coca-Cola Executive Vice President and Chief Operating Officer Henrique Braun will become chief executive on March 31. (Courtesy of Coca-Cola) link copied *]:pointer-events-none [&.is-paywalled>*]:blur-[7px] ” data-start=”0″ data-end=”2″ data-size=”2″ readability=”10″> Coca-Cola has named a successor to CEO James Quincey who will take the reins of…

In brief Elon Musk said early DOGE audits uncovered $100 billion to $200 billion in annual “zombie payments.” He described internal resistance to the effort and said he would not reprise the role. The interview also covered immigration, AI, SpaceX, and his views on faith and daily work. Elon Musk claimed that audits conducted under…

The billionaire and author MacKenzie Scott revealed $7.1 billion in donations to nonprofits Tuesday, bringing her overall giving since 2019 to $26.3 billion. Scott first pledged to give away the majority of her wealth in 2019 after her divorce from Amazon founder Jeff Bezos. Since, she’s distributed large, unrestricted gifts to nonprofits without asking for…

President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage. Trump’s comments during a White House roundtable indicated that he favors Paramount’s hostile takeover bid for Warner Bros. Discovery, WBD for short — though he…

Just a few weeks ago, David Zaslav was offered a co-CEO gig by David Ellison in a Paramount-owned Warner Bros Discovery. Then Netflix swooped in and sealed an $83B deal for WB’s streaming and studio holdings before Ellison came roaring back with a $108 billion hostile tender offer for all of WBD, possibly triggering a…

“We are humbled to have been a part of India’s digital transformation journey over the past 15 years, with Amazon’s growth in India perfectly aligned with the vision of an Atmanirbhar and Viksit Bharat,” says Amit Agarwal, Senior VP Emerging Markets, Amazon. “We have invested at scale in growing the physical and digital infrastructure for…

Topline President Donald Trump on Wednesday criticized the Federal Reserve, arguing the central bank’s latest reduction in interest rates could have been doubled, while calling Fed Chair Jerome Powell a “stiff.” Key Facts The Federal Open Market Committee voted 9-3 in favor of lowering interest rates by a quarter-point to between 3.5% and 3.75%, down…

David Ellison is taking his case directly to the WBD shareholders — David Zaslav doesn’t seem to be listening any longer. On Wednesday, Ellison sent a lengthy letter to Warner Bros. Discovery stockholders stating the case for why his Paramount Skydance would be the best buyer, not Netflix. His call to action was for WBD…