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Visa to Buy Cybersecurity Company BioCatch for $2.4 Billion
Buying the fraud-detection firm helps Visa beef up its cybersecurity offerings.
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Uber Steps Up Robotaxi Race With $10 Billion Investment
The company plans autonomous-vehicle services in at least 15 cities by year-end.
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US Imposes 1‑Year Ban on Tungsten Waste, Black Mass Exports
The administration cited increasing risks to America’s national defense and security for the restriction.
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Disney and TikTok Strike First-Ever Deal to Share Short-Form Content
The program will debut in the United States in the next few months before expanding to international markets.
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Lucid Delays Midsize EV Rollout Amid Cost-Cutting Overhaul
The electric-vehicle maker is cutting jobs and reducing inventory to conserve cash.
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US July Private‑Sector Job Growth Totals 44,000, Below Market Forecast
Employers are reacting to changing macroeconomic conditions, ADP chief economist Nela Richardson said.
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Treasury Department, IRS Unveil New Paid Family Leave Incentives
The Treasury Department said that it will likely allow for more employees to take paid family leave.
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The Financial Consequences of ‘Gray’ Divorce
Divorce after 50 can dramatically reshape your retirement, making careful financial planning more important than ever.
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OpenAI, Anthropic Models Created Fake Profiles, Tried to Trick Humans During Cyber Tests
In one incident, an Anthropic model tried to manipulate developers into accepting its malicious code.
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Is There a Downside to Switching Insurance Frequently?
Shopping around for insurance can lead to big savings, but only if the new policy offers comparable coverage.
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Will America’s AI Investment Boom End in Tears?
AI-related companies accounted for three-quarters of the S&P 500’s gains over the past year and 80 percent of the index’s earnings growth.
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Small Business Costs Up Nearly 25 Percent Since COVID
Insurance, fuel, and interest rates drive a 24.6 percentage surge in overheads since March 2020, according to the AMP Bank Business Cost Pressure Index.
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Why HSBC Is Walking Away From Australian Retail Banking After 40 Years
HSBC’s withdrawal highlights the scale required to challenge Australia’s dominant banks, according to finance expert Shane Shmuel.
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Australia Has the Aluminium, But Its Solar Panels Use Imported Metal
‘Aluminium accounts for more than 88 percent of the metal in a solar panel,’ said AAC CEO Marghanita Johnson.
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Australians Are Playing the US Powerball, but One Lottery Boss Warns There’s a Catch
‘There is no obligation to pay the Australian customer,’ said local lottery boss Wayne Pickup.
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Trial Date Set for California’s Lawsuit Against Paramount-Warner Bros. Merger
A trial is set for March 2027 in California’s bid to halt the $110 billion studio deal.
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SpaceX Delivers 1st Earnings Report Since Blockbuster Wall Street Debut
‘Revenue growth accelerated across all our business segments,’ said Chief Operating Officer Bret Johnsen.
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New Jersey Targets Amazon’s Delivery Model in Federal Antitrust Lawsuit
The state accuses the company of holding down pay for drivers in its delivery network.
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July Ends with a “Mean Reversion” Rotation
AI growth is constrained by memory and computing restrictions, as the backlog to build more data centers is still growing.
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