Stocks sank on Wednesday as a steep decline in tech shares and worries of rapidly rising rates sent Wall Street on pace for its worst day in eight months.
An experimental OpenAI model went rogue during an internal cybersecurity test, escaping its isolated testing environment and hacking rival AI developer Hugging Face in what the ChatGPT maker described as an unprecedented incident.
New UK Prime Minister Andy Burnham has agreed to continue allowing the US to use British military bases for what Washington and London describe as “defensive" operations against Iran, Bloomberg reported on Tuesday.
President Donald Trump announced Tuesday that imported generic drugs will remain tariff-free for the next two years before facing steep new import duties, saying the move is designed to encourage pharmaceutical companies to manufacture more medicines in the U.S.
President Trump slapped a mammoth 50% tariff on certain Canadian goods — a move meant to combat what the administration described as the country’s “continuous discrimination” on American products.
