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Huel ad banned for suggesting its products could replace all meals
Source: BBC Business
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CNBC
Trump's meeting with tech leaders leaves AI safety more unsettled than ever
Following Trump's lunch with AI leaders at the White House, the industry remains largely unchanged on AI safety.
CNBC
Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard
Mortgage demand dropped for the 7th straight week, as rates surged well over 7% on the 30-year fixed.
The Guardian
UK economy ‘slightly larger’ than previously thought; diesel on brink of £2 a litre for first time – business live
UK cements its place as fastest-growing G7 country so far this year This morning’s upgrade to UK growth in April-June is a boost to Andy Burnham, analysts say, even though he didn’t take office until almost a month later. Chris Beauchamp , chief market analyst at IG , says: “Still on a post-speech high, the upgraded figure is yet more good news for the UK’s still-new(ish) prime minister. The highest growth in the G7 for the first half is certainly a headline and one that will help keep nervous MPs in line for a while, plus it helps take off pressure for a new election - why risk it now when things appear to be improving nicely.” The upward revision to real GDP growth in Q2, from 0.4% q/q to 0.5% q/q, suggests that the economy has been a bit more resilient to higher energy prices in the first half of the year than previously thought. This resilience may continue into Q3, but we still expe
CNBC
Inside Man: How Chinese spies used lies, love and betrayal to target the Federal Reserve
A CNBC investigation shows how former Fed advisor John Rogers became entangled with a man U.S. officials identify as a Chinese intelligence operative.
BBC Business2 outlets
Household energy bills forecast to see biggest rise in four years
A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.
The Guardian
We need ‘right to intervene’ in AI amid growing threat, says Bank of England boss
Andrew Bailey’s comments come as fears grow that rogue models could take financial system hostage Business live – latest updates The governor of the Bank of England has said authorities must retain the “right to intervene” in the AI industry amid growing fears that rogue models could take the financial system hostage. Andrew Bailey said the risks posed by the rapid advancement of frontier AI models – a number of which have gone rogue in recent months – were “real and increasingly significant” and reduced the ability of society to supervise and intervene when things went wrong. Continue reading...