Business

Recently, we found out about something of a potentially serious issue brewing for legacy automaker Ford (F). The United Auto Workers (UAW) union was attempting to establish a presence at the BlueOval SK plant in Kentucky, a move that would put the UAW in a position to build the next generation of vehicles. Now, the UAW is claiming victory, though …

Traders work at the New York Stock Exchange on August 20, 2025. NYSE U.S. equity futures were little changed on Thursday evening, after the S&P 500 registered a fresh record driven by renewed optimism around the artificial intelligence trade. Futures tied to the Dow Jones Industrial Average slipped 62 points, or 0.1%. S&P 500 futures pulled back 0.07%, while Nasdaq …

Thank you, Jon, and thank you for the opportunity to speak to you today.1 Since I last spoke on the economy and monetary policy on July 17, economic data have reinforced my view of the outlook and my judgment that the time has come to ease monetary policy and move it to a more neutral stance.2 In July, I argued …

Earlier this week, buried in the middle of a lengthy blog post addressing ChatGPT’s propensity for severe mental health harms, OpenAI admitted that it’s scanning users’ conversations and reporting to police any interactions that a human reviewer deems sufficiently threatening. “When we detect users who are planning to harm others, we route their conversations to specialized pipelines where they are reviewed by …

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Credit reporting giant TransUnion has disclosed a data breach affecting more than 4.4 million customers’ personal information. In a filing with Maine’s attorney general’s office on Thursday, TransUnion attributed the July 28 breach to unauthorized access of a third-party application storing customers’ personal data for its U.S. consumer support operations. TransUnion claimed “no credit information was accessed,” but provided no …

Meta is racing to ship its next-generation Llama AI model by the end of the year in one of the first projects to emerge from the newly formed unit Meta Superintelligence Labs. A team within TBD, one of four groups part of Meta Superintelligence Labs (MSL), is developing Llama 4.X, with the aim of getting the models production-ready in time …

US stock indexes rise but Nvidia shares dip; dollar weakens  Reuters Stock market today: S&P 500 crosses 6,500, Dow hits record after Nvidia earnings, surprise GDP jump  Yahoo Finance S&P 500 scores new peak. Are U.S. stocks ‘catching up’ to the rest of the world?  MarketWatch Stock Market Today: Dow, S&P 500 Records; Nasdaq Rises; Nvidia, Crowdstrike, Snowflake, MongoDB, More Movers  Barron’s Asian Equities …

NEW YORK (AP) — Europeans angry at Elon Musk still aren’t buying his cars months after the billionaire predicted a “major rebound” in Tesla sales, data released Thursday shows. Tesla sales plunged 40% in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers’ …

Health officials are investigating a salmonella outbreak linked to eggs that has sickened 95 people across the United States, the Centers for Disease Control and Prevention said Thursday. California-based Country Eggs LLC issued a recall of its large brown cage-free sunshine yolk eggs on Wednesday. The eggs were also sold under the brand names Nagatoshi Produce, Misuho and Nijiya Markets, …