Business

U.S. stocks rose on Aug. 26 as investors looked past President Donald Trump’s firing of Federal Reserve Governor Lisa Cook and its implications for the central bank’s independence. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The benchmark S&P 500 …

U.S. pharmaceutical giant Eli Lilly (LLY) says it is preparing for the approval and launch of its new weight loss pill following the results of a late-stage clinical trial. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The Indianapolis, Indiana-based …

Now that everyone is using ChatGPT, the lazy columnist’s trick of quoting Wikipedia to open an Article is less cliché than it is charming (at least that’s my excuse). Anyhow, here is Wikipedia’s definition of “steelmanning”: A steel man argument (or steelmanning) is the opposite of a straw man argument. Steelmanning is the practice of applying the rhetorical principle of …

OpenAI, Altman sued over ChatGPT’s role in California teen’s suicide  Reuters A Teen Was Suicidal. ChatGPT Was the Friend He Confided In.  The New York Times OpenAI says it plans ChatGPT changes after lawsuit blamed chatbot for teen’s suicide  CNBC Parents of 16-year-old sue OpenAI, claiming ChatGPT advised on his suicide  CNN California family sues Sam Altman, OpenAI over son’s suicide  SFGATE Source link

US Treasury yields, dollar fall as Trump strikes at Fed; US stocks up  Reuters Donald Trump orders removal of Federal Reserve governor Lisa Cook  BBC Donald Trump’s battle against the Fed heads for courtroom showdown  Financial Times The Trump administration’s new weapon against foes: Mortgage filings  The Washington Post Trump Again Escalates Power Grabs in Bid to Fire Fed Member  The New York Times Source …

Cracker Barrel rebrand unites Trump, Democrats Cracker Barrel rebrand unites Trump and Democrats in disdain 07:07 Less than a week after unveiling a controversial new logo that prompted the company’s stock value to take a dive and even President Trump to weigh in, Cracker Barrel announced Tuesday that it will return to its old logo. “We thank our guests for …

Fox News contributor Liz Peek argues Cracker Barrel’s logo change was unnecessary on ‘The Bottom Line.’ Cracker Barrel said Tuesday that after listening to its customers, it will scrap its new logo and keep the “Old Timer” in place. “We thank your guests for sharing your voices and love for Cracker Barrel,” the restaurant chain said in a statement to …

Trump’s move to take over the Fed adds more uncertainty to the economy  The Washington Post Donald Trump orders removal of Federal Reserve governor Lisa Cook  BBC An Atlanta condo is at the center of Trump’s attempt to fire a Federal Reserve Governor  WABE Opinion | Why Trump’s Attack on the Fed Isn’t Spooking Wall Street  Politico The Trump administration’s new weapon against foes: …

Anthropic has settled a class action lawsuit with a group of US authors who accused the AI startup of copyright infringement. In a legal filing on Tuesday, Anthropic says it has negotiated a “proposed class settlement,” allowing it to skip a trial that would have determined how much the company owes for allegedly training its AI models on pirated work. …

SpaceX Starship Test Launch: How and When to Watch the 10th Test Flight  The New York Times SpaceX prepares third attempt at crucial Starship test flight after weather issues  Fox News SpaceX’s Starship second launch attempt this week scrubbed, this time due to weather  USA Today Poor weather delays Starship Flight 10 to Tuesday  Spaceflight Now SpaceX reschedules Super Heavy-Starship’s 10th test flight once …