US supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California, a state battling shrinking fuelmaking capacity and high pump prices.
Gold holds above $5,000 as cooling inflation and falling yields support prices despite strong labor data, with consolidation below $5,600 likely setting the stage for a potential breakout.
Anthropic CEO Dario Amodei warns that the AI boom may be moving too fast in spending. In a new podcast interview, he said some rivals are taking big risks on
Federal Trade Commission Chairman Andrew Ferguson wrote a letter to Apple that warned the company its choice of articles in Apple News could violate the law.
Asian equities retreated from a record after concerns over the impact of artificial intelligence on some companies spurred a selloff in US technology stocks. Gold and silver recouped some of their losses from the prior session.
In an interview, Moderna President Stephen Hoge took questions on an FDA decision on the biotech's mRNA flu vaccine, as well as the impact on the company and others in the industry.