New Fed chair Kevin Warsh is caught between a rock and a hard place
Bond markets want the Fed to hike interest rates. The president wants the central bank to slash rates. Kevin Warsh is caught in the middle
Bond markets want the Fed to hike interest rates. The president wants the central bank to slash rates. Kevin Warsh is caught in the middle
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Security staff strikes averted at Aberdeen Airport
The strikes, involving baggage screening staff, were due begin on Monday with the Unite union warning of "significant delays".
OpenAI may delay its IPO until next year
CEO Sam Altman reportedly rejected the prospect of lowering the company's $1 trillion valuation target in exchange for a faster listing
The Trump administration is asking OpenAI to stagger the release of its next AI model
The White House asked OpenAI to release GPT-5.6 to a small group of approved partners first, citing the model's advanced capabilities
SoftBank stock plunges as a report says OpenAI is pushing back its IPO
SoftBank holds a roughly $65 billion stake in OpenAI, and expectations of a windfall from a public listing had pushed the stock to record highs