The FTC is reportedly preparing formal notices as it examines whether leading AI companies harmed or misled consumers, following disclosures that AI systems accessed outside services and government websites or took unexpected steps during interactions.
Gold remains above critical support despite surging bond yields, while FOREX.com analyst Fawad Razaqzada sees central bank demand, monetary policy uncertainty and a potential technical breakout creating room for a stronger fourth quarter.
Gold and silver recovered from Monday’s selloff after softer U.S. economic data reduced October rate hike expectations, although stubbornly elevated long term Treasury yields continued to restrain bullion and pressure major stock indexes.
Temporary Treasury regulations could automatically enroll more than 60 million children in Trump Accounts during 2026, dramatically expanding a tax deferred investing program that can provide eligible children with a single $1,000 government deposit.
Musk lashed out after unverified remarks attributed to Delta CEO Ed Bastian, exposing a fierce contest between Starlink and Amazon’s Leo network for lucrative airline contracts and the loyalty of passengers demanding reliable cabin internet.
Boeing shares gained 2% after the company defeated Northrop Grumman for a Navy fighter contract worth more than $20 billion, adding the F/A-XX program to its existing Air Force F-47 development award.
Three federal trade judges are weighing claims that the administration improperly used Section 301 to impose 10% or 12.5% duties on goods from 86 countries after earlier global tariffs met legal setbacks.
Trump and leading technology executives signed a morally binding AI accord centered on company controls, audits, and group policing, even as troubling disclosures and a Florida court challenge intensified concerns about whether voluntary safeguards can contain the technology’s risks.
The Trump administration extended the enrollment deadline through year end for eligible federal borrowers seeking a 1 percentage point interest rate reduction, with the benefit continuing through June 30, 2028.
Prediction market traders expect September job growth to beat the Dow Jones consensus forecast of 84,000, with Kalshi showing about a 60% chance of more than 90,000 jobs and roughly even odds of a six figure gain.
Wednesday’s inflation report is expected to show stubborn price pressure and resilient consumer spending, giving Federal Reserve officials little reason to abandon plans for additional interest rate increases.
The 30 year Treasury yield briefly exceeded 5.6% as inflation, federal deficits and heavy Treasury supply rattled investors, while traders assigned a greater than 72% probability to another Federal Reserve rate increase in October.
Trump embraced voluntary AI oversight after meeting leading technology executives, even as researchers pressed for slower development, OpenAI postponed GPT-6.1 Astra, and the administration considered a 10 person industry committee.
Senator Bernie Moreno says lawmakers are working to protect Mercedes-Benz from a proposed 15% Chinese ownership limit as the Senate pursues swift approval of restrictions that could also affect Volvo Cars, Aston Martin and Lotus.
Gina Raimondo expects AI to create jobs eventually, but she warns that an unmanaged transition could produce mass unemployment, a deep recession and social unrest. Her nonprofit is testing worker protections with businesses and governors in four states.
Disney is cutting around 300 jobs, mainly in human resources and technology, as CEO Josh D’Amaro presses ahead with cost reductions and a broader strategy to align the company’s film, streaming, parks, consumer goods, gaming and sports operations.