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‘I’m burned out’: I’m constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
“I spend a lot of time away from my family and spend money on gas, taking him out to eat.”
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Market news: headline, short summary and source. Read the full story at the source.
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OpenAI and Anthropic are making 10 times more revenue than all Chinese AI models combined, research group Rhodium says
Rhodium Group's latest analysis of Chinese and U.S. AI companies also found that low revenue did not necessarily correspond with lower valuation.
StockMarketWatch
Tom Lee says the ‘face-ripping’ rally he predicted is merely delayed
Tom Lee, head of research at Fundstrat, put a characteristically positive spin on the Federal Reserve’s interest-rate decision.
StockMarketWatch
‘You are freed.’ What happened when an OpenAI model began secretly writing notes to itself.
OpenAI has introduced a framework for reporting on worrying behaviors by its AI models. In one instance, one training model told its future self that it was “freed.”
StockMarketWatch
Generac’s stock soars more than 30% after Amazon deal cements company’s status as an AI power player
First deliveries of Generac’s backup power generators are worth $2.4 billion.
StockMarketWatch
Fed rate hike fails to calm troubled markets as Dow falls 600 points. Expect more sharp swings in stocks and bonds.
Fed Chair Kevin Warsh has sent investors a message: When it comes to tamping down inflation, he means business.
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Here are five key takeaways from Wednesday's Fed rate hike
The Fed on Wednesday delivered a much-expected interest rate hike.
StockMarketWatch
Why optical stocks Lumentum and Coherent were the day’s biggest S&P 500 gainers
Investors are looking further down the AI data-center supply chain for signs of demand amid concerns of a spending slowdown, one expert says.
StockMarketWatch
Here’s a sneaky way to play the Fed’s rate increase
But watch out for the pitfalls.
StockMarketWatch
As Fed rolls out its first interest-rate hike in 3 years, officials are divided on what to do next
The Fed’s policy-making committee was unanimous in its decision to hike, but forward guidance was split.
StockCNBC Finance
Fed approves interest rate hike, signals one more to come this year
The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
StockMarketWatch
My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?
The Federal Reserve announced a quarter-percentage-point interest-rate hike Wednesday, to a range of 3.75%-4.0%.
StockMarketWatch
Google is playing a different AI game than everyone else, and Wall Street may be missing the point
Investors have been fixated on the relative performance of Alphabet’s AI models when they should instead be cheering the company’s cloud potential, an analyst says.
StockMarketWatch
The smartest money moves to make now that interest rates are going higher
The Fed’s quarter-point interest-rate hike will ‘bite’ consumers. Here’s how to prep your money.
StockMarketWatch
Micron’s stock could climb 70% higher thanks to a factor that’s been largely absent so far
Shares of Micron trade at a stubbornly low valuation but a TD Cowen analyst thinks that could change.
StockMarketWatch
Intel’s stock rises as investors hope memory chips can mark the next step in its turnaround
A report says Intel is in early talks with SK Hynix, which is considering some sort of partnership that would enable it to make memory chips in the U.S.
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Here is what changed in the new Fed statement under Warsh
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.
StockMarketWatch
The data-center backlash is so fierce that Republican candidates are willing to cross Trump
President Trump has been a vocal supporter of data centers, but GOP candidates in tight midterm races are increasingly taking a different tack.
StockMarketWatch
My son has a potentially fatal genetic disease. What should I do with my $1.3 million estate?
“He is also the sole beneficiary of my 403(b) accounts.”
StockCNBC Finance
Senate is still a toss-up, but Democrats now have slight edge, prediction market traders think
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.
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