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Robinhood Ex-Engineers Face Fraud Charges Over Hyperliquid Trades
Federal prosecutors charged two ex-Robinhood engineers with fraud for allegedly trading ahead of crypto listings using confidential data. HOOD shares fell 5.5% amid broader market selloff.
OLED iPad Mini and MacBook Pro Rumors Take Center Stage in Apple Roadmap
Apple's rumored OLED iPad mini and MacBook Pro could launch late 2026 to early 2027, but official confirmation is pending. Analysts weigh revenue impact.
OpenAI Reveals Six AI Misalignment Cases, Debuts API Safety Monitor
OpenAI disclosed six AI model misalignment cases and launched a new API monitoring system that can block conversations exhibiting similar risky behavior.
Bitcoin Steadies Above $76K as Fed's Hawkish Path Caps Crypto Rebound
Bitcoin recovered above $76,000 following the Fed's first rate hike in three years, but the bounce stalled. Ether outperformed, while the Fed's higher rate path limits upside.
Mortgage Demand Slips 4.1% as 30-Year Rate Nears 7%
Mortgage applications dropped 4.1% last week as the 30-year rate rose to 6.97%, with purchase demand 19% below last year and refinancing down 65%.
TypeSafe AI Secures $40M for Jev, Yet Speed Claims Remain Unverified
TypeSafe AI has raised $40 million for Jev, a decision-only AI model. Its bold cost and speed claims rely on internal benchmarks, raising questions.
Gold Rebounds Above $4,300 After Fed Shock, Yet Futures Lag
Gold rebounded above $4,300 in Asian trading Thursday, but futures still lag the prior settlement after the Fed's rate hike. COMEX gold fell 1.26% to $4,332.40.
Corinthians' Cash Crunch Deepens After Libertadores Exit
Corinthians cleared overdue wages just before a Libertadores loss, missing a $2.3M prize. The club's first-half deficit of R$246M highlights severe financial strain.
Bipartisan Plan to Lift Social Security Wage Cap Could Add $19,561 Tax for $500K Earners
A bipartisan proposal to eliminate Social Security's wage cap would add $19,561 in annual taxes for $500,000 earners, with employers paying the same. The plan aims to extend trust fund solvency but faces hurdles.
IMF Urges Fiscal Restraint as RBA Rate Hike Bets Surge to 87%
The IMF urges Australia to curb spending as traders see 87% odds of an RBA rate hike on Sept 29. A move to 4.60% would lift mortgage payments and pressure consumer spending.
IXI ETF Offers Defense but at a Premium Price
IXI's low beta offers shelter from market swings, but a 23.8x earnings multiple means investors are paying a premium for that safety.