Budget to be held in October, Healey announcesThe new chancellor pledged to move money and power out of Westminster, and into every postcode around Britain.BBC Business
My ex-husband’s sister died — so why is Fidelity asking me for her death certificate?“Part of me jokes that paying for a death certificate would be like buying a lottery ticket.”MarketWatch
If Social Security’s funding crisis is the elephant in the room, this is the mouse everyone has overlooked. You have been warned.“Delaying Social Security until 70 results in an increased monthly payment — and that comes with proportionally higher cost-of-living adjustments.”MarketWatch
Pirro moves to drop case against Olympian, says Reflecting Pool damage caused by 'flawed installation'President Donald Trump had touted the Reflecting Pool update, one of many renovations in D.C. he ordered ahead of America's 250th birthday celebrations.CNBC
OpenAI reportedly finds evidence that more of its agents ran amokOpenAI has reportedly found evidence of additional agent misbehavior as it looks into the incident that occurred with Hugging Face.TechCrunch
July ends on a hopeful note for stocks after momentum trade sees biggest wipeout since 2000Investors are seeing more signs that the bottom is near, if not already in.MarketWatch
Situational Awareness vs. Long-Term Capital Management: A side-by-side comparisonThere are more similarities between the two hedge-fund blowups than one might expect.MarketWatch
Trump appeals order that slammed his IRS lawsuit and referred his lawyer to barTrump had sued the IRS for $10 billion over the leak of his tax information by an agency contractor.CNBC
Rivian spinoff Also to start delivering e-bikes after months of delaysAlso has big plans beyond the TM-B. The startup mostly refers to itself as a "vehicle" company and has plans to make four-wheel pedal-assist cargo vehicles for Amazon.TechCrunchAMZN+15.32%
Silicon Valley loves young founders. Until it doesn’t.AI tools have democratized the opportunity to build, shortening the timelines of success and enabling more young people to start successful companies without stepping foot inside a Big Tech company.TechCrunch
Snapchat joins other popular platforms in fight against 'AI slop'Snapchat, YouTube, LinkedIn, and Substack are trying to combat the proliferation of fake AI content.BBC Business
The S&P 500 is making a change by adding this little-known industrial stockFerguson Enterprises’ stock was rallying more than 8% after news the Newport News, Va., company will be joining the S&P 500 index, edging out better-known names for inclusion.MarketWatch^GSPC+0.70%
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant DatabricksFintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.CNBC
Trump's AI executive order nears key deadline as regulation debate intensifiesOpenAI's Sam Altman and Nvidia's Jensen Huang were among tech leaders in Washington, D.C., ahead of a deadline the White House set in its AI executive order.CNBCNVDA+2.93%
Health savings accounts can be a great retirement tool – if you’re healthy or wealthyHSAs can offset healthcare costs in your old age. But most people can’t afford to wait.MarketWatch
S&P 500 ends with its first July decline since 2014. Here are the stocks that led the selloff.After a whipsaw end to the month, the stock market’s decline was highlighted by the worst month for chip stocks in 24 years.MarketWatch^GSPC+0.70%
India is starting to pay for apps, not just download themIndia's app market generated a record $345 million in Q2.TechCrunch
‘Spider-Man: Brand New Day’ sets domestic box office preview record with $72 millionSony and Marvel's "Spider-Man: Brave New Day" is expected to haul in around $270 million domestically over its debut weekend.CNBC
FIFA tests the limits of private equity in sports with World Cup subsidiary saleUEFA and Concacaf's rejection of FIFA's plan to sell a 20% stake in the World Cup's commercial operations highlights uneasiness with private equity in sports.CNBC
Did China build a top-tier AI model by itself? A new report suggests Nvidia chips played a role.Alibaba has an agreement for Moonshot to use its Nvidia H200s, according to Bloomberg — but the Chinese tech giant pushed back against the report.MarketWatchNVDA+2.93%
Job seekers can now spend thousands on AI certificates. Is it worth it?Job hunters are pursuing AI certifications, badges and other credentials in hopes of standing out — and maybe getting paid moreMarketWatch
How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in daysLeopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.CNBC
Alphabet, Amazon and Microsoft added nearly $1.5 trillion in combined value this weekAmazon, Microsoft and Google added hundreds of billions of dollars to their market caps, while Apple and Meta saw their market valuations fall.CNBCAAPL-7.35%MSFT+3.02%GOOGL+6.73%
Dwindling cash and soaring memory costs: Tech's AI buildout has ballooning price tagAmazon, Alphabet and Tesla all reported negative cash flow in the latest quarter, while Meta's cash generation plummeted by 91%.CNBCGOOGL+6.73%AMZN+15.32%META+3.28%
Google nixes its Earth AI feature one day after launch, amid criticism it would spread misinformationA tool that allowed anyone to generate fake AI-generated imagery and superimpose it over real Google Earth maps quickly spurred backlash.TechCrunchGOOGL+6.73%
Eaton shares jump as its earnings and outlook show resilience of the AI buildoutEaton investors had good reason to be concerned heading into Friday's results.CNBC
Fresh off its Wiz payout, Index Ventures raises $2B across three fundsThe new funding brings Index's total available investing capital to $3.5 billion.TechCrunch
We’re in our 60s with $1.5 million. Would a trust be more effective than a will to prevent conflict among our heirs?“I realize that probate can be lengthy, public and expensive.”MarketWatch
VC-backed startups commit more fraud, and researchers think they know whyNew research from the U.K.’s Imperial College and France’s Emlyon Business School mapped out how Silicon Valley founders commit fraud — and the role investors play.TechCrunch
Oil prices rise after Iran says it attacked two tankers transiting Strait of HormuzThe Iran war is spreading across the Middle East and hitting energy infrastructure on multiple fronts.CNBCCL=F+1.29%
Trump says U.S. has 'not agreed to' grant Ukraine Patriot missile licensesPresident Donald Trump said the U.S. hasn't agreed to grant Ukraine licenses to produce Patriot missile systems.CNBC
Investors may want to focus on front end of yield curve — as Street anticipates next Fed meetingsBond market investors may want to focus on the front of the yield curve, according to Allspring Global Investments’ Noah Wise.CNBC
Analysis: Markets heard a dovish Kevin Warsh. The Fed chairman's own words suggest a rate hikeInvestors saw Warsh’s press conference as dovish, but a closer reading of the Fed chair's prepared remarks suggests he may be close to raising interest rates.CNBC
GM to launch proprietary in-vehicle AI system later this yearGeneral Motors plans to launch a proprietary in-vehicle artificial intelligence system that's better tailored for its customers later this year.CNBC
AI firms must answer for rogue bots, says boss of hacked companyClement Delangue said he didn't want cyber attacks on other companies to become "normalised".BBC Business
The S&P 500 is stuck at a key battleground level. This obscure index could determine the market’s next moveOptions traders and market makers in Chicago were quick to buy dips below 7,500 in the benchmark index Friday, but almost as quick to sell rallies above that level.CNBC^GSPC+0.70%
Sam Altman isn’t the only one who wants to pump the brakes on AIAfter years of pushing full speed ahead on AI, OpenAI CEO Sam Altman says maybe it’s time for the AI industry to “pace” itself. The comments came just days after one of OpenAI’s own models broke out of its test environment and got tangled up in a breach at Hugging Face — though as Equity’s hosts point out, sloppy security seems to have […]TechCrunch
