Business

A struggling California teenager who used ChatGPT for help with his schoolwork was later egged on by the AI to kill himself, according to a lawsuit filed by the boy’s parents. Adam Raine’s body was found on April 11 by his devastated mother. He was just 16 years old. In the days after his death, Matt and Maria Raine searched through …

S&P 500 seen hitting 7750 by end-2026 on AI-led growth  Investing.com This ‘twice in a lifetime’ opportunity means the S&P 500 can hit 7,750 by end of next year  MarketWatch AI Euphoria to Fuel 20% S&P Rally by End-2026, Evercore ISI Says  Bloomberg.com Wall Street’s favorite analyst just drops a bombshell on Ethereum  TheStreet S&P 500 2026 Price Target Launched to Street-High by Evercore …

Gold hits new high on rising uncertainty, while U.S. stock futures little changed  MarketWatch Gold Holds Close to Record as Demand for Precious Metals Surges  Bloomberg.com Gold price vaults past $3,500 to new record  Financial Times Gold Futures Rise to Record High on Fed Concerns, Rate-Cut Expectations  The Wall Street Journal Gold rises on US rate cut bets; silver hits 14-year high  CNBC Source link

US treasury secretary Scott Bessent has said the Federal Reserve is and should be independent but that it had “made a lot of mistakes”, as he defended Donald Trump’s right to fire the central bank governor Lisa Cook. The president has criticised the Fed and its chair, Jerome Powell, for months for not lowering interest rates. Independent central banks are …

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) …………. Vevey, 1 September, 2025 Nestlé Board appoints Philipp Navratil as CEO following the departure of Laurent Freixe Nestlé’s Board of Directors today announces that Philipp Navratil has been appointed as CEO of Nestlé, S.A., following the dismissal of Laurent …

Facebook Tweet Email Link Washington  —  Southwest Airlines’ newest jets are now flying with a barrier that can protect the cockpit when pilots need to open the door during flight, according to the airline. The company’s first Boeing 737 equipped with the retractable barrier entered service in time for the Labor Day weekend, making it one of the first US …

AUSTIN — A new law partially regulating the state’s burgeoning retail consumable-hemp industry goes into effect on Sept. 1, banning THC-laced “vapes” — with their candy flavors and brand names like “Half Baked” — from smoke shops and gas stations across Texas. The ban, which Gov. Greg Abbott signed into law earlier this summer, comes even as lawmakers wrangle over …

EV maker Tesla (TSLA) saw its European sales continue to slide in August due to rising competition and CEO Elon Musk‘s political views. In France, Tesla car registrations dropped by 47.3% compared to August 2024, even as the overall car market rose by 2.2%. The situation was even worse in Sweden, where Tesla registrations fell by over 84%, and in …

Chinese EV disruptor Nio (NIO) has made significant inroads into the notoriously challenging EV market, which is currently dominated by established giants such as Tesla (TSLA) and BYD (BYDDF). To drive home the point, NIO recently posted fresh sales figures, showing that its broader up-trend is only intensifying rather than petering out. NIO shares closed at $6.38 last Friday with …

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