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Federal Reserve hikes interest rates for first time since 2023 amid stubborn inflation20:18 The Federal Reserve raised its key interest rate for the first time in three years amid persistent inflation caused in part by high energy prices. Continental Resources strikes Venezuela oil development deal19:12 Continental Resources signed a deal with PDVSA to develop the Ayacucho 2 Block, holding an estimated 30 billion barrels in Venezuela s Orinoco Belt. EU opens door to unprecedented 'associate member' status for Canada amid US trade spat13:49 European Commission President Ursula von der Leyen proposed making Canada the EU s first "associate member" to integrate supply chains amid US tariff tensions. CC Sabathia excited for PitCCh In Foundation's future as annual golf event raises over $450K for youth13:49 CC Sabathia s PitCCh In Foundation 6th Annual Golf Classic raised over $450,000, bringing together Victor Cruz, JR Smith, and others to impact the next generation. Popular So Delicious frozen dessert recalled over possible stone contamination4:35 Small stones and hard objects within cashew inclusions prompted Danone USA to recall So Delicious Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert pints. Ford unveils 2027 F-150 with hands-free towing, first-ever Carhartt edition23:17 Ford s best-selling F-150 pickup is getting hands-free towing, refreshed styling, new powertrains and a first-ever Carhartt edition for the 2027 model year. Bessent says US needs more open-source AI models to compete with China23:17 Treasury Secretary Scott Bessent cited Anthropic s Mythos model as a step toward AGI and urged Congress to develop open source AI against China. Ford recalls more than 223,000 vehicles over fuel tank issue22:45 Ford is recalling more than 223,000 F-150 pickup trucks due to an improperly secured fuel tank, according to the National Highway Traffic Safety Administration. Stubborn inflation sets stage for Federal Reserve to hike interest rates20:36 The Federal Reserve is widely expected to hike interest rates Wednesday as inflation stays stubbornly above the central bank s target and Treasury yields hover around 5%. Tim Scott warns Democratic opposition to CLARITY Act could jeopardize US financial leadership20:36 Tim Scott warns that Democratic opposition to the Clarity Act risks costing America its leadership in the next evolution of financial markets. Kraft Heinz unveils new Philadelphia cream cheese flavors to win back shoppers15.září Kraft Heinz has teamed up with Mike’s Hot Honey to roll out Philadelphia Mike’s Hot Honey Whipped Cream Cheese exclusively at Walmart stores nationwide. Trump calls Nvidia CEO Jensen Huang during summit, dismisses AI fears as 'hoax'15.září President Trump told the Nvidia chief during a surprise phone call that AI fears are a "hoax" as Silicon Valley leaders clash over whether its development should be slowed. Costco raises price of Kirkland motor oil and limits how much shoppers can buy15.září 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. LARRY KUDLOW: The AI armageddon, like the climate hoax, is an election-year Democratic ruse15.září The left, led by Senator Bernie Sanders, wants the government to completely stop the AI industry, including agents, data centers, and the whole nine yards Sam Altman identifies two biggest risks facing AI's future15.září OpenAI CEO Sam Altman warned of two scenarios that could derail AI progress, from losing control of alignment to dangerous concentration of power. |
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