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OpenAI: Astra Solves 10 Open Math Problems
OpenAI said an internal version of its upcoming Astra model solved ten previously open problems in math, quantum complexity, and theoretical computer science — and The Information separately reported
Bonds shield portfolios amid volatility: experts
Financial experts from Atom Financial Services, Jiraaf, and Anand Rathi Global Finance recommend diversified fixed-income allocations — spanning sovereign securities, AAA/AA corporates, and short-dura
RBI revises deposit interest rate rules: What fixed deposit investors should know before investing from October 1
India's central bank has overhauled rules governing how banks set and disclose deposit interest rates, with new transparency mandates for retail fixed deposits and pricing flexibility for bulk deposit
Kospi Drops 22% as Korean Retail Traders Capitulate
South Korea's Kospi capped a punishing 22% loss in July — its worst month since the global financial crisis — and even the country's famously risk-tolerant retail traders are capitulating, with some v
CoreWeave, Proofpoint Forced to Sweeten Loan Terms
Loan investors are resisting borrower terms for the first time in years, forcing at least four companies including AI cloud provider CoreWeave and cybersecurity firm Proofpoint to sweeten their deals
OpenAI's Astra model solves 10 open math problems
OpenAI announced that an internal version of Astra, its next major model family, solved 10 open problems across mathematics, quantum complexity, and theoretical computer science, publishing the result
SpaceX Shares Halve; Top Investor Questions Skip the Financials
SpaceX holds its first earnings call as a public company Tuesday, but retail investors — allocated roughly 30% of its IPO — have flooded the Q&A forum with requests for pink rockets and mascot merchan
NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit - gothamist.com
New York has filed a lawsuit against prediction market platform Kalshi, seeking to shut it down and force it to pay $36 billion while alleging the company runs an illegal gambling operation.
SEC Pauses Nasdaq QBTC Bitcoin Options After CME Challenge
The SEC has paused Nasdaq's conditional approval of cash-settled bitcoin index options (ticker QBTC) and will reconsider the decision after CME Group argued the product falls under CFTC jurisdiction b
US Treasury Backs Yen After Japan Intervenes
The U.S. Treasury intervened in currency markets to support the yen after Japan stepped in, with Tokyo set to announce the move was coordinated with Washington.
US Treasury Buys Yen in First Joint Intervention Since 1998
The US Treasury conducted its first joint currency intervention with Japan in nearly 30 years, with the New York Fed selling euros to buy yen on Friday after the Japanese currency hit its weakest leve
Berkshire Shares Climb to Eight-Month High
Berkshire Hathaway shares climbed to an eight-month high this week, closing half their gap to the S&P 500 as UBS raised its price target and the conglomerate's biggest equity holdings—Apple, Coca-Cola
SpaceX Down 19% From Its $135 IPO Price
SpaceX, fresh off the largest IPO in history in June at $135 a share, has seen its stock slide 19% to $109, prompting one analyst to draw parallels to Tesla's volatile first year as a public company.
SpaceX Stock Below IPO as $1.4T Valuation Meets Q2 Earnings
Stone Fox Capital warns SpaceX enters Q2 earnings with a stretched $1.4T valuation while shares trade below their IPO price, with near-term revenue growth hinging on AI compute contracts with Anthropi
Prediction Market Traders' Edge: Bots, Antennas, AI
Prediction market traders on Kalshi and Polymarket—which together host more than 100,000 active markets—are increasingly turning to custom AI bots, court-records databases, and even TV antennas to gai
Warsh Stays Silent as Three FOMC Members Back Hike
Fed Chairman Kevin Warsh declined to offer any guidance on the rate path at his post-meeting press conference, leaving investors to parse an unusually divided FOMC that saw three of 12 members vote fo
Bond Vigilantes Push 30-Year Yield to 5.27%
Fed Chair Kevin Warsh is letting bond markets do the central bank's tightening work, with the 30-year Treasury yield climbing to 5.27% — its highest since 2007 — even as the Fed held its overnight rat
US, Japan Halt Yen's Slide From Near 1986 Lows
The yen surged to 157.40 against the dollar — its strongest level since early May — after coordinated US-Japanese intervention reversed a slide that had brought the currency near its weakest point sin
SpaceX Stock at $116, Lockup Clock Ticking
SpaceX stock has plunged to $116, below its $135 IPO price and near its all-time low of $107, as analysts weigh whether the slide continues below $90 by year-end amid looming lock-up expirations.
Bank of Canada stands by replacement workers after rulings
Bank of Canada Governor Tiff Macklem is defending the central bank's use of replacement workers during a strike by security officers, after the Canada Industrial Relations Board ruled twice that the b
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