MIT economist warns AI could triple unemployment
Nobel Prize-winning MIT economist Daron Acemoglu breaks down A.I.’s potential impact on unemployment on ‘The Claman Countdown.’
Markets
JPMorgan invests $5B in companies critical to US national security
JPMorgan Chase committed $5 billion in equity to companies strengthening U.S. national security, defense technology and critical supply chains.
Money
Why the NFL’s most valuable franchise – the Dallas Cowboys – can win by losing
Has Jerry Jones, the Dallas Cowboys owner, president and general manager, found a way to capitalize on "America's Team" whether it wins or loses?
Lifestyle
GLP-1 injections recalled nationwide over sterility concerns
The FDA classified Apothecary Pharma's nationwide recall of 23 injectable drug vials as Class II. The company previously received a warning over sterile drug production.
Real Estate
Baby boomers are poised to unleash millions of homes — but there's a catch for first-time buyers
Nearly 14 million baby boomer homes will hit the housing market by 2036, but starter home supply for first-time buyers may see limited relief.
Best of Business
Dave Portnoy blasts self-checkout tip kiosks over gratuity guilt: ‘I don’t do it to be a nice guy’
Barstool Sports founder and President Dave Portnoy weighs in on the new tipping trend that has caused consumers to further squeeze their bank accounts.
Tech
JPMorgan invests $5B in companies critical to US national security
JPMorgan Chase committed $5 billion in equity to companies strengthening U.S. national security, defense technology and critical supply chains.
Sports
Lionel Messi's 'Final Farewell' card sets Topps sales record with hundreds of thousands of orders
Lionel Messi's international career came to an end, and Topps celebrated with a special trading card pack that set a company record for orders in a single week.
Small Business
Deep-fried and built to go viral: Inside the competition where America's wildest fair foods come to life
State Fair of Texas vendors spend months and thousands of dollars perfecting deep-fried creations before the Big Tex Choice Awards judges bite.
Personal Finance
Social Security cost-of-living increase sparks debate over looming funding shortfall
Social Security's 3.6% COLA will raise retirement benefits in 2027, but a projected 2032 trust fund shortfall could trigger 22% cuts without congressional action.
Luxury Properties
Cash-strapped HOAs ramp up foreclosures against delinquent homeowners: report
HOA foreclosures are climbing nationwide as financially strained associations facing rising insurance and maintenance costs crack down on homeowners behind on dues.
Rich & Famous
How Dolly Parton built a legacy of giving beyond country music
The country music icon’s philanthropy has delivered more than 332 million free books while supporting medical research and disaster-stricken communities.
Gadgets
Recall reannounced for power banks after charger causes fire on plane, death to 75-year-old woman
Federal regulators reannounced a recall of 429,000 Casely MagSafe power banks after a woman's death and a fire on a plane from overheating chargers.
Your Money
Fox-owned Credible promotes Robert Humann to CEO role
Credible promotes Chief Revenue Officer Robert Humann to CEO after nearly 10 years with the Fox Corporation-owned consumer finance technology platform.
Future Tech
'Romantic' or real? Lighter-than-air zeppelin travel may just make it off the ground, if the market agrees
In an era of “green" gimmicks and sky-high risk, author John J. Geoghegan says only capitalism can determine if lighter-than-air travel has legs.
College
OpenAI launches college planner in ChatGPT for Teens to track applications, financial aid
OpenAI's new college planner in ChatGPT for Teens helps track application deadlines, financial aid steps, scholarships and fee waivers for U.S. students.
Personal Real Estate
Trump warns new Hochul, Mamdani pied-à-terre tax could accelerate NYC wealth exodus
President Donald Trump is weighing potential federal action over New York City’s luxury second-home surcharge as the policy faces a legal battle and scrutiny
Retirement
Americans' retirement savings grow as more families participate in plans
Federal Reserve data shows retirement account balances jumped 11% to a median $106,000 as 401(k) and IRA enrollment hit 54.9% of U.S. families.
Money in Politics
Senator warns ‘clock is ticking’ as Social Security funds run dry
Sen. Bill Cassidy warns the 3.6% Social Security COLA could drain the trust fund faster, leaving Congress roughly five and a half years to act before retirees face steep benefit cuts.
Business Leaders
JPMorgan invests $5B in companies critical to US national security
JPMorgan Chase committed $5 billion in equity to companies strengthening U.S. national security, defense technology and critical supply chains.
Travel
United CEO silent on $32M compensation after calling wealth gap a 'danger'
United CEO Scott Kirby stays mum on his $32 million compensation package after warning wealth inequality threatens society and calling for a national wealth tax and steep inheritance taxes.
US Markets
Delta One gets a luxury makeover with wagyu burgers, high-end wines and Porsche transfers
Delta One’s makeover brings wagyu burgers, premium wines and new Missoni amenity kits, with upgrades rolling out this fall before a global expansion in 2027.
Food & Drinks
Nearly 1.6M pounds of hot dogs, bacon and other meats recalled nationwide
Kayem Foods recalled nearly 1.6 million pounds of meat items such as hot dogs, bacon, brisket and ham after a warehouse cooler experienced temperature deviations.
NFL
Why the NFL’s most valuable franchise – the Dallas Cowboys – can win by losing
Has Jerry Jones, the Dallas Cowboys owner, president and general manager, found a way to capitalize on "America's Team" whether it wins or loses?
AI
Anthropic silent on whether it will distribute shares to Americans following Musk SpaceX pledge
Elon Musk urged the artificial intelligence company to give shares to the public, then pledged to give SpaceX stock to every American child.
Elections
LARRY KUDLOW: Keep your backbone, traditional Republicans, this is no time to go wobbly
Pollsters fear an insufficient number of so-called traditional Republicans will head to the polls on November 3
Oil
Trump announces $8B bailout for farmers to cover diesel cost surge amid attacks on global supply
President Donald Trump announced the $8 billion Harvest Fuel Relief program at a Kansas rally to offset rising diesel costs for farmers during harvest season.
Arts
The hobby economy and 'funflation': Why the cost of having fun is getting serious
Bank of America Institute data reveals hobby spending rose 7.9% year over year as funflation drives up prices at hobby shops and crafts stores.
