Author: arthursheikin@gmail.com

[ad_1] Global manufacturing executives are begging for clarity on Donald Trump’s tariff policy before a 50 per cent levy is imposed on copper imports, as their stockpiles diminish and the clock ticks on existing contracts.The US president has vowed to impose the higher tariff on the metal from August 1, matching levels already in place on all imports of steel and aluminium. But it remains unclear whether the levy will be applied to all copper products, stoking anxiety across industries.Companies’ deepening concerns over copper come as they are already grappling with the higher costs of Trump’s escalating trade war, with…

[ad_1] Stay informed with free updatesSimply sign up to the Financial services myFT Digest — delivered directly to your inbox.Cryptocurrency companies are racing to expand into traditional banking in the US, as they seek to capitalise on a friendlier regulatory environment under President Donald Trump and become more embedded in the financial system.Crypto payments group Ripple, stablecoin company Circle and custodian BitGo have applied for national trust bank charters that will allow them to offer some banking services, while crypto exchange Kraken plans to launch bank cards in the next month.“It’s a natural convergence,” Arjun Sethi, co-chief executive of Kraken,…

[ad_1] CNN  —  Editor’s note: Watch CNN Original Series “Billionaire Boys Club,” detailing the greed-fueled landscape of 1980s Los Angeles where a group of young, ambitious men set out to make their fortune — but their lavish dreams quickly spiral into a web of deception, fraud and murder. It’s the 1980s, and a group of young men have dreams of making a fortune. When Joe Hunt reconnects with his former high school classmates in Los Angeles, he has promises of a new business venture that will make them rich. With visions of wealth and success, the young men are lured…

[ad_1] A research institute connected to the United Nations has created two AI-powered avatars designed to teach people about refugee issues. 404 Media wrote about an experiment conducted by a class at the United Nations University Center for Policy Research that resulted in the creation of two AI agents or avatars — Amina, a fictional woman who fled Sudan and is living in a refugee camp in Chad, and Abdalla, a fictional soldier with the Rapid Support Forces, a paramilitary force in Sudan. Users are supposed to be able to talk to Amina and Abdalla on the experiment’s website, though…

[ad_1] An innocuous black stapler became public enemy No. 1 for some New York City-based gamers after it damaged a Nintendo Switch 2 at a local GameStop in June.Now, GameStop has turned that viral mishap into a marketing opportunity: That same stapler, and some additional items, are now selling on eBay for nearly $250,000 as part of a GameStop-organized charity auction.As of Saturday, there were almost 300 bids.”Let’s consider this GameStop’s version of ‘corporate accountability,'” a GameStop spokesperson told Business Insider. Bids for GameStop’s “staplegate” items have reached almost $250,000 as of Saturday. GameStop/eBay The saga — dubbed “staplegate” —…

[ad_1] In a series of posts on X, the AI chatbot Grok apologized for what it admitted was “horrific behavior.” The posts appear to be an official statement from xAI, the Elon Musk-led company behind Grok, as opposed to an AI-generated explanation for Grok’s posts. (xAI recently acquired X, where Grok is prominently featured.) Grok’s latest controversy comes after Musk had indicated he wanted to make the chatbot less “politically correct,” then declared on July 4 that the company had “improved @Grok significantly.” In short order, the chatbot was making posts criticizing Democrats and Hollywood’s “Jewish executives,” repeating antisemitic memes,…

[ad_1] This as-told-to essay is based on conversations with Selena Lounds, 47, an Airbnb host in Hudson, New York, about 120 miles from New York City. To better afford homeownership, Lounds bought a home with her best friend. The conversations have been edited for length and clarity.I was living in New York City and spending so much money on rent that owning a home didn’t feel attainable.During the pandemic, I was stuck in my little apartment and eventually reached a point where I wanted to move. I had friends who had bought a home in upstate New York, and I…

[ad_1] CNN  —  Elon Musk’s artificial intelligence company xAI issued a lengthy apology Saturday for a series of violent and antisemitic posts from its Grok chatbot this week, blaming a system update. “First off, we deeply apologize for the horrific behavior that many experienced,” the company wrote. xAI says a system update had chatbot Grok refer to “existing X user posts; including when such posts contained extremist views,” caused it to issue responses that praised Adolf Hitler, repeated conspiracy theories and spewed longstanding antisemitic tropes. In a series of posts early Saturday on Grok’s official X account, the company said…

[ad_1] Updated 2025-07-12T13:05:02Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The Great Depression was the worst economic crisis in US history when unemployment reached 25%. When the pandemic hit in 2020, Americans hadn’t felt that level of economic tragedy in a century. These photos reveal what life looked like in the bleak 1930s after the stock market crashed. During the…

[ad_1] In only 3 days, founders, investors, and operators will flood into the SoWa Power Station in Boston for TechCrunch All Stage 2025 — and if you haven’t grabbed your pass yet, this is your final window to lock in the lowest prices available and save up to $475. Whether you’re a first-time founder or a scaling-stage exec, TC All Stage delivers the real-world strategies and connections that move the needle. It’s not theory — it’s the stuff that drives traction. This single-day founder summit is built for momentum. You’ll leave with tools, frameworks, and connections that push your startup…