Writing the summary…
Anthropic and OpenAI roll out cheaper models in first release since call for slowdown
Source: CNBC
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Lennar shares pop as Berkshire builds almost a 10% stake in beleaguered homebuilder
The conglomerate built by Warren Buffett and led today by Greg Abel holds a sizable stake in Miami-based homebuilder Lennar.
CNBC
Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns
Cisco stock hit a record over the summer, but Piper Sandler analysts expressed concerns that growth is peaking in the industry.
CNBC
Trump administration removes around 760,000 Obamacare enrollments, alleging fraud
Vice President JD Vance's White House Task Force to Eliminate Fraud estimates the action will save roughly $2.2 billion in taxpayer-funded subsidies.
CNBC
Lawmakers float gas-tax break, commuter deduction to ease pressure of high prices at the pump
With affordability ranking as a major issue ahead of the Nov. 3 midterm elections, lawmakers are introducing bills to reduce the cost of gasoline and diesel.
CNBC
Trump administration is examining whether a diesel export ban is feasible, Treasury Secretary says
"We're examining whether it's feasible in terms of the overall refining capacity and whether a full or partial ban would work," Bessent said.
CNBC
Trump slams Iran and Cuba, defends AI growth in boastful UN speech
The U.S. "will no longer permit threats to America to gain a foothold anywhere in the Western Hemisphere," Trump told the UN leaders.