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News
Anthropic says AI could have a 'modest' impact on the economy, like the internet — or cause it to double every 4.5 years - AOL
8+ hour, 12+ min ago (691+ words) Anthropic has put numbers on what its own technology might do to the American economy and the range is enormous. On Sept. 9, Anthropic, the company behind Claude, published a model of the U.S. economy in 2030 laying out three futures. In the…...
Ron Paul says 'people ought to own the gold, not the government' as he doubts the accounting at Fort Knox is 'trustworthy' - AOL
8+ hour, 42+ min ago (864+ words) Ron Paul is urging Americans to swap cash for gold coins. In a recent interview with Kitco News, the former U.S. representative had some choice words about Treasury Secretary Scott Bessent’s handling of the current bond crisis, which he sees as…...
Iceland to open first store in the Falklands - AOL
23+ hour, 51+ min ago (267+ words) Supermarket Iceland is opening its first branch in the Falkland Islands, according to boss Lord Richard Walker. He said the store would be opening in December, adding on LinkedIn it would be the the first UK high street brand to…...
Trump administration to lend $100 million to telecoms firm Africell, countering Huawei in Africa - AOL
2+ day, 12+ hour ago (342+ words) WASHINGTON, Sept 11 (Reuters) - The Trump administration will lend nearly $100 million to Africell, Africa's only American-owned telecoms firm, as the U.S. seeks to thwart the expansion of China's Huawei in Africa, according to a press release and a person familiar with the…...
No relief from inflation as Middle East clashes lifts fuel prices to painful levels - AOL
2+ day, 12+ hour ago (973+ words) The consumer price index rose 3.4% last month compared with a year ago, the Labor Department said Friday, just like July. But inflation quickened month to month as costs jumped 0.4% from July, quadrupling the 0.1% registered in the previous month. Inflation remains…...
What Will Stocks Do If the Fed Raises Rates? - AOL
2+ day, 11+ hour ago (317+ words) The Federal Reserve is widely expected to raise interest rates next week for the first time since July 2023. Historically, stocks often decline in the months following a rate hike but tend to recover over time. Traders widely expect an interest-rate…...
What ‘Affordable Health Insurance’ Meant in 2010 vs. 2026 - AOL
2+ day, 7+ hour ago (568+ words) The health insurance landscape has changed dramatically since 2010, the year the Affordable Care Act (ACA) became law. Prior to 2010, if you had a pre-existing condition, insurance companies would likely deny you coverage. The ACA protects against these denials, but in…...
Commerce Secretary Lutnick Tells NBC Trump’s $5,000 Payouts Won’t Tap Taxpayer Dollars - AOL
2+ day, 9+ hour ago (380+ words) Commerce Secretary Howard Lutnick told NBC News that President Donald Trump’s plan to send $5,000 “dividend” checks to American adults would not rely on taxpayer funds or increase the federal deficit. Trump recently tied the cash proposal to November’s midterm elections,…...
Fed Chairman Kevin Warsh Called Inflation 'More Concerning' at His First Jackson Hole Speech. Does That Signal a Rate Hike Is Coming? - AOL
4+ day, 18+ hour ago (271+ words) One of Federal Reserve Chairman Kevin Warsh's big pushes is to reduce the amount of guidance the Fed provides. In a speech after a big Fed meeting, he couldn't avoid noting the obvious. The Federal Reserve sets interest rates to…...
Is $4 Gas About to Get More Expensive, Again? - AOL
4+ day, 19+ hour ago (231+ words) U.S.-Iran strikes sent Brent crude to $98 a barrel, threatening to push pump prices from $4 to $4.50 by October. Gas prices already surged $1.29 per gallon since January before the strikes, with WTI jumping 9% in a single week to $91. Upcoming CPI and PPI…...