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Trump says no need for more AI regulation, slams Anthropic CEO Dario Amodei
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Why the election could make Washington's looming next fiscal crisis harder
Some in the GOP are already disavowing raising the debt ceiling absent deep spending cuts as the national debt balloons past $40 trillion.
Novo Nordisk rebrands to 'Novo,' CEO tells CNBC drugmaker needs to 'rethink' strategy amid obesity race
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.

UK government moves to acquire Speciality Steel UK – business live
Rolling coverage of the latest economic and financial news AI-linked stocks fall after tech bosses call for slowdown in ‘reckless’ development AI CEOs say they need to slow the pace of development. But will they? The Guardian view on controlling AI: humanity cannot outsource its survival Companies threatened by the march of AI are seeing their share prices rise this morning! RELX , the analytics group, are up 4.2% and leading the FTSE 100 risers. Earlier this year its shares tumbled after the Claude chatbot added new data and automation tools . Continue reading...

Crispin Odey loses appeal against lifetime ban from UK financial services industry
Judges uphold ruling that financier tried to ‘frustrate’ investigations into harassment claims against him The former hedge fund boss Crispin Odey has lost a legal challenge to overturn his lifetime ban from the City for trying to “frustrate” investigations into sexual harassment allegations against him. A ruling by judges at the upper tribunal upheld the ban imposed by the Financial Conduct Authority (FCA) in March last year , while reducing a proposed fine of £1.83m to £1.53m. Continue reading...
Prediction market traders think gas prices will hit new highs for the year
It comes after oil prices have marched higher in recent weeks, above $100 per barrel, as tensions between the U.S. and Iran have escalated again.
Brent crude tops $109 after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.