FINANCE

Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut

[ad_1] The latest consumer price index report showed airfares jumped 4% in July from the prior month, reversing a slump that began early this year.

FINANCE

Elon Musk broadens his long-running feud with OpenAI’s Sam Altman by bringing in a third party: Apple

[ad_1] Elon Musk’s long-standing battle with OpenAI has a new participant: Apple. On Tuesday, Apple found itself the latest target of Elon Musk’s legal threats

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This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

[ad_1] Businesses trying to do more with less have historically leaned on automation during recessions, but the advent of generative AI could scramble the typical

FINANCE

Will GPT-5 let OpenAI break away from the pack?

[ad_1] Welcome to Eye on AI! In this edition…OpenAI releases GPT-5 and strikes a $1 government deal. AI homework helpers duke it out. Zoox gets

FINANCE

Trump’s ‘Queen of Hearts’ moment with the BLS echoes Putin’s purges and Orwell’s omens

[ad_1] The ancient Greek play “Antigone” by Sophocles warns that “no one loves the messenger who brings bad news” and “no man delights in the

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Everyone’s watching Jerome Powell as warnings flash for the U.S. economy

[ad_1] A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon as September, with mounting

FINANCE

Ghislaine Maxwell holds out for immunity in exchange for testimony to Congress

[ad_1] Ghislaine Maxwell, the imprisoned former girlfriend of disgraced financier Jeffrey Epstein, is open to answering questions from Congress — but only if she is granted

FINANCE

Allianz Life says hackers accessed personal data on the majority of its 1.4 million US customers

[ad_1] Hackers gained access to personal data on the majority of the 1.4 million customers of Allianz Life Insurance Company of North America, the company

FINANCE

Tesla misses Wall Street expectations on revenue, earnings per share in second quarter earnings

[ad_1] Tesla’s second quarter earnings signaled the company continues to go through a difficult patch, with both revenue and adjusted earnings per share missing the

FINANCE

Housing market: Top economist escalates warning as homebuilders are ‘giving up’

[ad_1] The housing market is getting so weak that it’s poised to become a significant drag on overall economic growth, according to Moody’s Analytics chief