Wall Street closed lower as oil jumped and the 10-year Treasury yield crossed 5%. The Senate failed to advance a broad cryptocurrency bill, while New Zealand approved a trade deal with India. OpenAI discussed shared safety work with rivals, sports leagues sought lifetime bans for threatening bettors, and New Hampshire's chief justice resigned.
Wall Street finished lower as oil prices jumped and the 10-year Treasury yield moved above 5%, Reuters reported. Higher fuel and borrowing costs can squeeze households and businesses together.
The U.S. Senate failed to advance a broad cryptocurrency bill, Reuters reported. The defeat delays federal rules that the industry wanted and leaves companies facing an uncertain path in Congress.
New Zealand's parliament approved a trade deal with India that cuts tariffs on most exports, Reuters reported. Lower border costs should make it easier for businesses in both countries to sell goods.
OpenAI said it is working with rivals Anthropic and Google on AI safety, Reuters reported, citing Bloomberg. Shared testing could help the companies spot risks before new systems reach users.
Wall Street finished lower as oil prices jumped and the 10-year Treasury yield moved above 5%, Reuters reported. Higher fuel and borrowing costs can squeeze households and businesses together.
The U.S. Senate failed to advance a broad cryptocurrency bill, Reuters reported. The defeat delays federal rules that the industry wanted and leaves companies facing an uncertain path in Congress.
New Zealand's parliament approved a trade deal with India that cuts tariffs on most exports, Reuters reported. Lower border costs should make it easier for businesses in both countries to sell goods.
OpenAI said it is working with rivals Anthropic and Google on AI safety, Reuters reported, citing Bloomberg. Shared testing could help the companies spot risks before new systems reach users.
DoorDash invested $125 million in Wonder and agreed to buy its campus dining business for $300 million. Wonder gains expansion cash, while DoorDash enters more than 450 colleges and universities.
Major U.S. sports leagues urged lifetime betting bans for people who threaten athletes, Reuters reported. The proposal would give sportsbooks a common penalty for harassment tied to wagers.
New Hampshire Chief Justice Gordon MacDonald announced his resignation as an ethics probe loomed, NHPR reported. The departure creates a leadership change at the top of the state court system.