A.I. Hedge Fund Situational Awareness Rescued by Rival Citadel
The once-high flying fund, Situational Awareness, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.
China, Its Economy Stumbling, Signals Only Cautious Support
The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
Fed’s Preferred Inflation Gauge Eased During Pause in Iran War
Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
U.S. GDP Growth Slowed in Second Quarter of 2026
Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.
A ‘Credibility Shock’ Looms Over the Fed
Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.
To Know What Your Customers Think, Just Ask Their A.I. Twins
Simile, a fast-growing start-up, says it can provide companies with accurate insights by surveying millions of A.I.-generated consumers.
Oil Prices Wobble as Middle East Veers Toward Wider Conflict
Bond yields are also higher on concerns about inflation.
Air India Offered to Cover My Flight on Another Airline. It Cost Me $2,000.
After a cancellation and long delays, the airline offered to cover the cost of a flight on another carrier. Then it refused to make good on that promise.
China Threatens Retaliation as U.S. Moves to Block Robot Imports
The dispute highlights how robotics has become the latest battleground in the intensifying technological and industrial rivalry between Washington and Beijing.
After Obamacare Cuts, Hospitals Are Treating More Uninsured Patients
More people who lost coverage after congressional Republicans ended enhanced federal subsidies are now seeking care in emergency rooms and unable to pay bills.
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