OpenAI launches GPT-5, a potential barometer for whether AI hype is justified
The update is being closely watched to see if the frontier of generative AI is advancing or plateauing.
Associated Press
Articles
Toyota reports 37% drop in profit, cuts forecast due to Trump’s tariffs
Toyota’s production facility in Princeton, Indiana, is operated through its Toyota Motor Manufacturing Indiana subsidiary, which is the 15th-largest employer in the state.
Trump seeks to change how census collects data, wants to exclude illegal immigrants
Any changes in the conduct of a national census would require alterations to the Census Act and approval from Congress, and there likely would be a fierce fight.
Trump plans 100% tariff on computer chips, unless companies build in United States
Demand for computer chips has been climbing worldwide, with sales increasing 19.6% in the year-ended in June, according to the World Semiconductor Trade Statistics organization.
Expert: Trump administration likely ‘relishes’ controversy over ‘Speedway Slammer’ moniker
A new state partnership to expand immigrant detention is being promoted with a “Speedway Slammer” nickname. The moniker drew a backlash from the IndyCar Series on Wednesday and also a response from Pato O’Ward, the only Mexican driver in the series.
Trump to highlight Apple’s plans to invest $100B more in US, raising total to $600B
Apple’s new investments will be about bringing more of its supply chain and advanced manufacturing to the United States.
US government proposes easing some restrictions on drones traveling long distances
Drones are already used in a variety of ways, including bolstering search and rescue operations, applying fertilizer, inspecting power lines and railroad bridges and delivering packages.
RFK Jr. yanks $500M in funding for mRNA vaccine development
Health Secretary Robert F. Kennedy Jr. announced Tuesday that 22 projects, totaling $500 million, to develop vaccines using mRNA technology will be halted.
In NCAA streamlining, big conferences get more power, but not everything they wanted
The effort is the latest in an ongoing push to give the biggest, football-playing schools more autonomy in making decisions across the college landscape.
Crucial exemption allows most Canadian, Mexican goods to be shipped to US without tariffs
The vast majority of goods exported to the United States by Canada and Mexico are shielded from tariffs under the 2020 United States-Mexico-Canada Agreement that President Trump negotiated during his first term.
NFL, ESPN reach nonbinding agreement for sale of NFL Network, other media assets
The league and ESPN still have to negotiate a final agreement and get approval from NFL owners. The agreement will also have to undergo regulatory approvals.
NCAA: No expansion of basketball tournaments beyond 68 teams this season
The NCAA said expansion to 72 or 76 teams could still be considered prior to the 2027 tournaments.
New Jersey says 3 chemical makers agree to ‘forever chemical’ settlement worth up to $2B
The deal with DuPont, Chemours and Corteva is the largest such settlement in the state’s history.
Thousands of Midwest Boeing workers who build fighter jets, weapons go on strike
The vote followed a weeklong cooling-off period after the machinists rejected a proposed contract that included a 20% wage increase over four years and $5,000 ratification bonuses.
Vast majority of adults stressed about grocery costs, poll finds
Other financial stressors—like the cost of housing or the amount of money in their bank accounts—weigh more heavily on younger Americans, according to polling.
NFL on the verge of selling media assets to ESPN for an equity stake in the network, sources say
The proposed move comes as ESPN is expected to soon launch its direct-to-consumer service, likely before the end of August.
Trump calls on the Federal Reserve board to take full control of central bank from Powell
Fed Chair Jerome Powell has held the benchmark rate for overnight loans constant this year, saying that Fed officials needed to see what impact President Trump’s massive tariffs had on inflation.
Hiring slows sharply as Trump advances aggressive trade agenda
U.S. markets recoiled at the jobs report and the Dow Jones industrial average tumbled more than 600 points at the opening bell Friday.
Trump’s EPA targeting key vehicle-emissions rules. Here’s what that means for carmakers.
The Environmental Protection Agency’s plan this week to relax rules aimed at cleaning up auto tailpipe emissions is the latest Trump administration move to undo incentives for automakers to go electric.
Trump announces 90-day negotiating period with Mexico as 25% tariff rates stay in place
President Trump had threatened tariffs of 30% on goods from Mexico in a July letter, something that Mexico gets to stave off for the next three months.