Costco raises price of Kirkland motor oil and limits how much shoppers can buy - Fox Business
Costco is now capping Kirkland and Mobil 1 motor oil purchases each week as oil prices soar, gas hits $4.32 and diesel surpasses $6 a gallon.
Why Wall Street is blowing off fears of an AI apocalypse - Axios
Equity investors largely yawned Monday at chatter about the end of the world.
Microsoft CEO Satya Nadella posts an internal warning to employees about AI safety - Business Insider
Satya Nadella urged the AI industry to prioritize safety and maintain human control over the technology.
Sen. Kennedy readies AI ‘kill switch’ bill - Politico
The Louisiana Republican said he intends to introduce the legislation under unanimous consent Wednesday.
Is Big Tech’s AI slowdown a safety pact or a cartel? - The Verge
OpenAI, Anthropic, and other companies have tentatively agreed to an AI slowdown, but critics are skeptical.
Stock futures are little changed as traders eye rising oil prices and rates: Live updates - CNBC
The major averages closed lower on Monday as higher bond yields and oil prices kept the market under pressure.
Stock Market Today: Dow, S&P 500 and Nasdaq close down on AI fears and rising oil, but off lows as 10-year yield drops after hitting 5% - marketwatch.com
The Dow, S&P 500 and Nasdaq Composite all closed lower, as worries about a potential AI slowdown and rising oil prices weighed on investor sentiment. But some of those worries were soothed by a pullback in Treasury yields.
Gillibrand privately urges Dems to advance crypto bill - Politico
Sen. Kirsten Gillibrand's posture on the legislation puts her at odds with progressives in her party.
Sam Altman identifies two biggest risks facing AI's future - Fox Business
OpenAI CEO Sam Altman warned of two scenarios that could derail AI progress, from losing control of alignment to dangerous concentration of power.
Carney Courts the World’s Top Investors at Toronto Summit - Bloomberg.com
Canada Prime Minister Mark Carney is gathering some of the world’s top investors Monday night and Tuesday as he seeks to attract more investment into the country while reducing its reliance on the US and diversifying its markets.
Pentagon backs $150M Blue Moon tungsten restart - Mining.com
The investment is a fresh effort of the US government to become less reliant on China for critical minerals.
Tesla drives up onto Pacific Beach boardwalk after police chase, injuring woman - NBC 7 San Diego
A man driving a suspected stolen blue Tesla drove onto the boardwalk in Pacific Beach and struck a woman at the intersection of Thomas and Reed Avenues on…
Psychedelics Stock, Up 190% This Year, Flies High Again - Investor's Business Daily
Definium Therapeutics' LSD eased the symptoms of anxiety, the company said Monday as shares took off again.
Oil Rises on Concerns of Extended Middle East Disruptions - WSJ
Tech CEOs’ Doomsaying Is a Distraction from Real, Existing Harms of AI - The Intercept
The binary between AI apocalypse and AI redemption asks us to ignore data centers and AI war machines — all as tech executives get incredibly rich.
AI Warning Sends Nvidia, AMD, Micron and Intel Shares Tumbling - Yahoo Finance
Nvidia, Intel And AMD Shares Sink As AI Leaders Sound Fresh Warning
Long COVID’s brain fog finally has a biological explanation: Dopamine loss - Fortune
Scientists found up to 20% less dopamine nerve density in long COVID patients, and say the damage tracks closely with specific symptoms.
30-year mortgage rate jumps to 7.17% — a nearly 2-year high — in the latest blow to the housing market - MarketWatch
The 10-year Treasury yield crossed a key 5% threshold on Monday, nudging the average 30-year mortgage rate upward
Bank of America CEO Sparks Bank Stock Selloff With One Small Word - Barron's
Bank of America CEO Brian Moynihan said at a conference on Monday that sales and trading revenue for the fiscal third quarter will be “flat.”
Tesla: The Cybercab Failure Is Worse Than You Think (NASDAQ:TSLA) - Seeking Alpha
Tesla stays a Sell after Cybercab disappoints and scrutiny rises. Click here to read this latest analysis of TSLA stock.
Anthropic Pitches New Claude Tool for Financial Advisers - AdvisorHub
Called Claude for Financial Advisors, the system promises to speed up research, administrative and portfolio-oversight tasks.
Revised NextEra bid for Dominion would boost bill credits, add 600 Richmond jobs - Richmond Times-Dispatch
Residential ratepayers would see credits on their power bills for twice as long under a series of revisions to NextEra Energy’s bid to acquire Dominion Energy.
The stock market could do something strange this week after the Fed decision - CNBC
Odds of more interest rate hikes coming this year have grown.
Netflix, Amazon and YouTube Form D.C. Lobbying Group Amid Backlash Over Cost of Sports on Streaming - Variety
Netflix, Amazon and YouTube have formed a new D.C. lobbying group, Streaming Access and Choice Alliance, amid a backlash against sports on streamers.
What a Fed rate hike could mean for gold and silver prices - CBS News
Gold and silver prices are under pressure right now, and this week's Fed decision could determine what comes next.
China bristles at Anthropic CEO’s ‘fearmongering’ about its AI development - AP News
China’s Ministry of Foreign Affairs bristled at the Anthropic CEO’s call for the U.S. to curb China’s artificial intelligence capabilities as part of a wider argument for a global slowdown on AI development. Dario Amodei warned in a lengthy essay over the wee…
Why Oracle Stock Fell Quickly Today - fool.com
Rate hike fears, AI oversight talk, and an about-face move by Larry Ellison helped send Oracle lower.
L.L.Bean unveils renovated flagship store - The Portland Press Herald
The $50 million upgrade took 4 years and required the building — usually open 24-7 — to be closed for nearly 2 years.
Why The S&P 500 Isn't Panicking As Oil Surges, War Spreads, The Fed Hikes - Investor's Business Daily
The S&P 500 is down, but moderately, despite surging oil price and interest rates and the worsening war. Here's why.
Anthropic IPO won't be slowed by safety uproar - Axios
A lot has changed in AI land since last week, but the IPO calendar isn't one of them.
Japanese utility execs resign over falsified quake safety data for 2 nuclear reactors - AP News
The president of Chubu Electric Power Co., Japan's third-largest utility, says he and the chairperson are resigning over manipulated earthquake safety data for two nuclear reactors. The company will withdraw applications to restart them. An investigative pane…
Latvian Flag Carrier airBaltic Files For Chapter 11 Bankruptcy Protection - One Mile at a Time
Latvian flag carrier airBaltic has filed for Chapter 11 bankruptcy protection in the US to restructure debt, though flights continue operating as usual.
'No room left in their budgets': US heating bills expected to rise this winter - gulfcoastnewsnow.com
The average U.S. household is expected to spend $1,030 on heating this winter, and some families may have to make tough budget choices.
Report: Puget Sound lost nearly 7,000 jobs, losing competitive edge - KOMO
Gregoire says the Puget Sound can no longer assume major employers will automatically choose the region when they decide where to add jobs, invest or expand.
Social Security cost of living increase: Prepare to be disappointed, experts warn - AL.com
The hidden $350 surcharge on American households - vox.com
You may not drive a diesel car. You’re still paying for diesel.
No more Nordisk as Novo goes it alone amid rebranding push - Fierce Pharma
As Novo Nordisk continues its epic battle with Eli Lilly for market share in the increasingly competitive obesity and diabetes space, Novo is launching a major rebranding of its business, its logo | As Novo Nordisk continues its epic battle with Eli Lilly for…
The powerful millionaires hiding in plain sight : Planet Money - NPR
They own car dealerships, law firms, dental practices, and restaurant chains. Collectively, these overlooked business owners hold far more wealth than the Forbes 400 — and wield considerable political power.
Why the election could make Washington's looming next fiscal crisis harder - CNBC
Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.
