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Republicans hopeful Iran deal could stop the pain at the pump — but it may be too late - Politico
business 2026/06/16 09:00:00

Republicans hopeful Iran deal could stop the pain at the pump — but it may be too late - Politico

Even if gas prices ease, some Republicans, including those close to the White House, fear that voter perceptions of a sour economy are already baked in.

Politico
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All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates - AP News
business 2026/06/16 04:01:00

All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates - AP News

Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded? On Wednesday, Warsh may provide the fi…

Associated Press
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OpenAI spending hit $34bn last year ahead of planned IPO - Financial Times
business 2026/06/16 03:30:14

OpenAI spending hit $34bn last year ahead of planned IPO - Financial Times

Audited figures reveal mounting costs from model development, infrastructure and rapid expansion

Financial Times
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Elon Musk Now Has About $1 Trillion More Than the Next Richest Person in the World - Gizmodo
business 2026/06/16 03:17:22

Elon Musk Now Has About $1 Trillion More Than the Next Richest Person in the World - Gizmodo

He could lose almost $1 trillion and still be the richest person in the world.

Gizmodo.com
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Inside the fight over Claude Mythos 5 - The Verge
business 2026/06/16 03:00:00

Inside the fight over Claude Mythos 5 - The Verge

Anthropic received a US export control directive Friday “to suspend all access to Fable 5 and Mythos 5 by any foreign national,” kicking off a weekend of chaos.

The Verge
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Trump promised to bring order to AI oversight. That lasted 2 weeks. - Politico
business 2026/06/16 02:30:43

Trump promised to bring order to AI oversight. That lasted 2 weeks. - Politico

New restrictions on Anthropic are causing industry advocates to worry the White House’s plan for a laissez-faire approach to the technology is crumbling.

Politico
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