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The Latest Breaking News from Benzinga

OpenAI CEO Sam Altman Meets UAE President Sheikh Mohammed To Collaborate On AI Research

In a major step toward establishing the UAE as a global AI hub, President Sheikh Mohammed bin Zayed Al Nahyan met with OpenAI CEO Sam Altman in Abu Dhabi on Saturday to explore collaboration on artificial intelligence research and applications.

Benzinga

Trump And Musk Reunite, Nuclear Stocks Soar, Kimmel's Comeback Breaks Records And More: This Week In Politics

It’s been an eventful week with significant developments in the world of politics and late-night television.

Benzinga

Wall Street Strategist Warns Fed Unprepared To Handle AI Erasing Millions Of Jobs

The rapid rise of artificial intelligence may supercharge the economic growth of the U.S., but Jefferies' chief market strategist David Zervos says it could also trigger a wave of job losses that the Federal Reserve is unprepared to handle.

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Jeff Bezos' Billionaire Dad With $40 Billion Fortune Hires CEO To Run His Family Office

Mike Bezos, father of Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos, is significantly expanding his family office to manage the family's multi-generational wealth, reflecting the growing trend of private family offices in the U.S.

Benzinga

Bill Gates' Praise Of 15 Indian Engineers In Early Days Of Microsoft Surfaces Amid Trump's H1-B Visa Crackdown: 'That Was A Phenomenal Thing'

Microsoft Corp. (NASDAQ: MSFT) co-founder Bill Gates highlighted how a small group of IIT graduates helped transform Microsoft's engineering capabilities at a time when U.S. visa policies are sparking global debate.

Benzinga

BYD Thanks Warren Buffett, Charlie Munger For Belieiving After Stake Sale, Says They 'Loved' Chinese Auto Giant: 'It's Not Because They Don't Like Us'

Chinese auto maker BYD Co. Ltd. (OTC: BYDDY) (OTC: BYDDF) thanked Warren Buffett and Charlie Munger for believing in the company, while confirming the exit of Berkshire Hathaway Inc. (NYSE: BRK) (NYSE: BRK) from the company earlier this year, ending a 17-year investment relationship.

Benzinga

Trump Administration Escalates Colombia Tensions, Revokes President Gustavo Petro's US Visa After Gaza Protest Remarks

The Donald Trump administration escalated tensions with Colombia by revoking President Gustavo Petro's U.S. visa after he urged American troops to disobey orders during a Gaza protest in New York.

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Trump To Meet Congressional Leaders Monday As Government Shutdown Looms

President Donald Trump is set to sit down with key members of Congress at the White House on Monday, just a day before a possible government shutdown, as confirmed by three sources familiar with the meeting.

Benzinga

47-Year-Old Faces Two-Month Cash Runway After Sudden Layoff — Seeking the Smartest Way to Bridge the Gap

Losing a job is always a stressful event, particularly for mid-career professionals with significant financial responsibilities.

Benzinga

Credit Card Rates Are Sky-High—Should You Cash Out Investments to Wipe Them Clean?

Credit card rates are notoriously high, and it's good to pay off debt as quickly as you can. However, one investor has a hot stock that is up by 124% over the past four months. The investor isn't sure if it makes sense to sell the stock and end up…

Benzinga

Ted Cruz Pushes Trump To Raise Pilot Retirement Age To 67 — Airline Union Warns Of Safety Risks

The debate over how long airline pilots should be allowed to fly is heating up again. Sen. Ted Cruz (R-TX) is pressing President Donald Trump to support a global change that would raise the mandatory retirement age for commercial pilots from 65 to 67.

Benzinga

'Get A Dose Of Reality'—Making $100K A Year Is Rare, Despite What Social Media Suggests. Most People Earn Far Less And Work Basic Jobs

Despite what influencers, finance bros and career TikTokers might have you believe, earning $100,000 a year is still far from the norm for most Americans.

Benzinga

'I've Been Struggling With Working The Last 2 Years': How To Ask Your Doctor About SSI/SSDI When Mental Health Is Affecting Work

Applying for disability benefits can feel overwhelming, especially when mental health conditions are making it hard to hold down steady work. Many people wonder not only how to apply for Social Security Disability Insurance or Supplemental Security Income, but also whether they need to bring it up with their doctor.

Benzinga

Labor Shortages Will Drive Prices Higher in the Coming Years — Policymakers Say Immigration Is The Only Fix

The world's leading economics may not have enough workers to drive growth and keep inflation under control and migrant workers may be able to fill in the gaps, policymakers said last month at the Federal Reserve's annual gathering in Jackson Hole, Wyoming.

Benzinga

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Benzinga

'The Big Letdown For Me Is That We Trusted Them,' Publishers Clearing House's Bankruptcy Changes Winners' Fortunes Once Again

For more than six decades, Publishers Clearing House showed up on doorsteps and slid into mailboxes with sweepstakes prize money that changed the lives of thousands of Americans. Oftentimes, those prizes guaranteed that money would continue coming for the rest of the winners' lives.

Benzinga

Mark Cuban Says AI Race Explains Musk, Zuckerberg and Dell Support for Trump

Mark Cuban says that the backing of President Donald Trump by Big Tech is more about staying ahead in the AI race than political alignment.

Benzinga

Former Truveris CEO AJ Loiacono's Judi Health Hits $3.25B Valuation With $252M Raise To Fix Drug Pricing Chaos

AJ Loiacono's healthcare software startup Judi Health reduced costs by 11% for 1,800 plan members and cut claims processing times from more than six months to 18 days. The 53-year-old entrepreneur founded the company, formerly known as Capital Rx, to address inefficiencies in an industry where administrative spending reaches $1…

Benzinga

Rushing To The Office: As The Labor Market Tightens, Students Are Starting Internships, Career Coaching Much Earlier

It's no secret that the job market has tightened up over the last several months. New data from the Bureau of Labor Statistics found that employers had added 911,000 fewer jobs between March 2024 and March 2025 than originally reported.

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Benzinga

Ryder Cup 2025 Tees Off With $200 Million Economic Boost: Stocks To Watch

The 2025 Ryder Cup teed off at Bethpage State Park on Long Island Friday, drawing over 250,000 fans and expected to deliver a $200 million economic boost to New York State and surrounding businesses.

Benzinga

Elon Musk Spent $1M On A Car, But His Wife Wasn't Impressed. She Feared They'd Become 'Spoiled Brats'—He Later Crashed It Trying To Show Off

Elon Musk's love affair with risk has always been bigger than his love of cars. Back in 1999, the two collided.

Benzinga

Tennessee Governor Deploying Federal Agents and National Guard to Memphis

Gov. Bill Lee (R-Tenn.) announced Friday that additional federal agents and state resources will arrive in Memphis next week to help curb violent crime.

Benzinga

'What Happens If He Passes?' Wife Of SSDI Recipient With Two Children Worries About Family's Future

When a family depends on Social Security Disability Insurance, uncertainty about the future can be stressful. One recent post in the r/SocialSecurity forum highlights this concern: a wife whose husband has been on SSDI for eight years, along with dependent benefits for their two children, wonders what support would remain…

Benzinga

Jeff Bezos Ensured It Was Always Day 1 At Amazon: 4 Key Principles That Helped Him Forge A $2 Trillion Empire

Jeff Bezos says Amazon's rise can be traced to four simple rules. In a 2009 video recorded after Amazon announced its purchase of Zappos, the founder distilled the company's playbook to four particular principles that guide its success.

Benzinga

AI Is Disrupting Entry-Level Jobs, Stanford Study Reveals — Here's What You Need to Know

Early-career workers in professions that are most exposed to generative AI are experiencing significant employment declines, while older workers and those in less-exposed fields remain relatively unaffected, according to a recent Stanford University study.

Benzinga

Credit Scores Tumble For The Second Year In A Row, As Americans Struggle To Stay Afloat

The national average FICO score has dropped to 715, a new report from decision managment company Fair Issac Corporation (NYSE: FICO) says. This is down two points from 2024, and marks the second year in a row that credit scores have declined.

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