Business

Trump weighs tighter AI controls but warns against falling behind China

President Donald Trump said Wednesday his administration is considering additional safeguards for artificial intelligence following a recent cybersecurity incident involving multiple OpenAI models undergoing internal security testing. Asked about reports that OpenAI models autonomously breached another AI company’s systems during internal testing, Trump said the U.S. must strike a balance…

Popular grocery chain recalls cookies in 9 states and DC after labeling error

Lidl US is recalling a brand of shortbread cookies after discovering some packages distributed to its stores across nine states and the District of Columbia failed to disclose major food allergens. The voluntary recall covers Eridanous Shortbread Cookies with Chocolate Truffle Coating & Apricot Filling in 11.6-ounce (330-gram) boxes with…

SEE IT: Trump admin unveils sweeping .5B Dulles airport overhaul

President Donald Trump and Transportation Secretary Sean Duffy unveiled plans and renderings Wednesday for a $22.5 billion overhaul of Washington Dulles International Airport. The project — developed with the Metropolitan Washington Airports Authority and United Airlines — will add or renovate more than 5 million square feet at the airport,…

Visa slashes thousands of jobs in efficiency push

Visa on Tuesday announced plans to cut 7% of its workforce, or about 2,600 jobs, as the payment processor moves forward with a push to operate more efficiently. The job cuts are expected to primarily affect technology and product teams.”I have deep conviction that we are doing what is right…

Fed policymakers leave rates unchanged amid elevated uncertainty

This story about the Federal Reserve’s July 2026 interest rate decision is breaking news. Please check back for updates. The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran.Fed policymakers voted 9-3 to leave the benchmark federal…