Economy
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Lawsuit claims Anthropic, OpenAI, SpaceXAI and Google violated antitrust laws when they coordinated AI slowdown, reducing value of subscriptions
A new lawsuit claims Anthropic, OpenAI, SpaceXAI and Google made an illegal deal to slow the pace of their respective AI development. The lawsuit, which was filed Friday in the U.S. District Court for the Northern District of California, argues that the leading AI companies violated antitrust laws when they agreed to coordinate slowdown efforts, and that…
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Nobel laureate says Iran’s repression of society has increased since the war began, but ‘a wave of resistance among the people’ is rising up
Iranians are suffering as economic misery and internal repression leave “no room for people to breathe” after 1½ years of wars, Iran’s most prominent human rights activist has told The Associated Press. Narges Mohammadi, 54, who was awarded the Nobel Peace Prize in 2023, was temporarily released from prison for medical reasons earlier this year after falling…
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Protesters Prepare For Ed Sheeran Concert As Palestinians Praise Macklemore
Sheeran is expected to receive a less-than-warm welcome at his first concert since all of his opening acts quit in support of Macklemore.
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New ‘Shaun The Sheep’ Movie Lands Stellar Rotten Tomatoes Critics’ Score
“Shawn the Sheep: The Beast of Mossy Bottom,” the latest stop-motion animated movie from Aardman Animations, is getting bleating great reviews from Rotten Tomatoes critics.
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Treasury yields are already blowing up the CBO’s long-term forecasts, and experts who previously downplayed U.S. debt fears are now starting to worry
The 10-year Treasury yield topped 5% this past week, hitting the highest level since 2007 and blowing way past forecasts for borrowing costs over the next decade. According to the Congressional Budget Office’s most recent long-term outlook issued in February—before the Iran war spiked oil prices and inflation views—the benchmark yield was seen at 4.1%…
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Weil, Gotshal & Manges eyes merger options after rainmakers exit, Bloomberg News reports
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Citi expects hawkish Fed to slow non-AI economy
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SpaceX Nasdaq 100 weight to jump to 2.82% in quarterly rebalance -Bloomberg
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Bitcoin tests $82,178 resistance with RSI overbought: Live levels