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Eight US states have sued OpenAI, alleging it misled users about ChatGPT's safety and failed to implement safeguards, potentially contributing to self-harm and violence among teens. The states seek court orders for operational changes, enhanced child protection, and financial compensation.
Read MoreDespite hotter-than-expected September CPI data pushing Treasury yields higher, markets quickly reversed course. The retreat reflects a tug-of-war between stubborn inflation and increasingly cautious Fed commentary, leaving the near-term rate path highly uncertain.
Read MoreThe White House is exploring ways to acquire Bitcoin using existing federal fund inflows, aiming to expand strategic reserves without new taxpayer spending. Officials are examining compliant methods for receiving or converting funds, as direct market purchases require congressional approval.
Read MoreThe judge in Apple's trade secrets lawsuit against OpenAI indicated a high likelihood of granting Apple's injunction request, barring OpenAI from using allegedly stolen proprietary information. Apple claims OpenAI used leaked data to accelerate competitive device development, while OpenAI denies the allegations.
Read MoreU.S. stock markets closed lower on October 15th, with tech stocks leading the decline. The Nasdaq plunged 1.88%. Chip stocks fell for a sixth consecutive day, marking their longest losing streak since May 2025. Apple defied the trend, rising 0.5% to close with a market cap above $5 trillion. Energy and healthcare sectors showed relative strength.
Read MoreIran's parliament speaker outlines a dual-track strategy toward the US: neither pure conflict nor diplomacy alone ensures security. By combining military pressure with negotiation, Iran aims to gain strategic advantage and force Washington to accept its core demands.
Read MoreA new OCC report reveals US banks restricting services to crypto businesses based on reputational concerns rather than financial risks. The findings highlight systematic barriers facing the digital asset industry in accessing banking services.
Read MoreOn October 14, the U.S. Dollar Index rose 0.37%, closing at 102.554. This article analyzes three key drivers behind this rebound: shifting Fed policy expectations, heightened global risk aversion, and the impact of critical economic data.
Read MoreChicago Fed President Goolsbee expressed disappointment over September's high inflation, particularly in services. He signaled readiness to act if price pressures persist but favors waiting for more data before further rate hikes. A hot job market and strong demand are key concerns.
Read MoreThe latest Fed Beige Book reveals rising energy costs are spreading through supply chains, with half of districts reporting heightened price pressures. Businesses cite high diesel prices, fuel surcharges, and broader commodity and tariff impacts.
Read MoreThe tenure of White House Crypto Committee Executive Director Patrick Witt appears to be ending, with his temporary assignment likely concluded. As key members have departed, Witt remained the sole core staffer. This shakeup raises concerns within crypto policy circles about the administration's commitment to the industry, particularly following stalled legislation.
Read MoreThe U.S. Justice Department has appealed a federal judge's order temporarily restoring White House press credentials for CNN, MSNBC, and Politico. The judge found the administration's revocation of access potentially unconstitutional, raising questions about viewpoint discrimination and First Amendment protections.
Read MoreIran's Revolutionary Guards spokesperson stated that while a new U.S. military conflict is illogical, it remains possible. Iran is fully prepared to respond with overwhelming force to any aggression, warning that the U.S. would face severe consequences. He also dismissed claims of internal divisions among Iranian leaders as false.
Read MoreThe U.S. government announced two major investment initiatives. In semiconductors, a $21 billion investment will fund new chip fabs in New York, plus government equity and R&D funds. In energy, the Alaska LNG project, hailed as the state's largest energy infrastructure endeavor, has been launched with substantial external funding, accelerating strategic industry development.
Read MoreLedger's security team has inspected retail and distributor stock in Germany following user reports and found no signs of hardware tampering. The company confirms no funds have been lost in Europe due to hardware implants. It has requested holders of suspicious devices to send them for technical analysis.
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