Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry’s push for a comprehensive market framework.
OpenAI, Google, Anthropic discussing collaboration on AI safety issues
Discussions have been ongoing since Google’s Demis Hassabis released a proposal in July calling for a U.S.-led “Standards Body,” the spokesperson said.
AWS says it can’t restore service to Bahrain, UAE facilities 6 months after Iran strikes
In March, two Amazon data centers in the UAE were struck by drones, while a site was also damaged by a nearby drone hit.
Saudi pipeline closure is a brief interruption that will last days, U.S. Energy secretary tells CNBC
The Saudis closed the East-West pipeline after it sustained damage in a drone attack launched from Iraq.
Beaten-up bond market may be nearing ‘escape velocity.’ Here’s what that means
Rising yields across the bond market have spooked investors, but the surge from zero interest rates since Covid suggests fixed-income risk-reward has improved.
An iconic beauty stock is getting its shine back. Stephanie Link says it’s still on sale
Estée Lauder’s portfolio of brands give it plenty of room to capitalize on a growing beauty market.
The Fed has to walk a fine line Wednesday. How the stock market may react, according to JPMorgan
The messaging Fed Chairman Kevin Warsh issues at the press conference could have a large effect on how equities respond.
Trump calls Supreme Court mail ballot ruling ‘big loss for Republicans’
President Trump blasted his three Supreme Court appointees for blocking a Postal Service rule that would have allowed mail-in ballots in November’s elections.
U.S. confirms for first time it has weapons deployed in space
U.S. Air Force Secretary Troy Meink said Monday that the U.S. has “on-orbit space control weapons,” as he outlined a broader push to modernize the Air Force.
Santoli: The youthful phase of AI is over. What it means for investors
The AI narrative has flipped to a focus on the risk with the tech unpopular with the public and projections of order backlogs beyond a few quarters now suspect.
