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The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
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One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a stretcher.
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Amazon revenue soars as AI investments pay off AxiosAmazon hikes 2026 capex to $220 billion due to higher memory costs CNBCAndy Jassy said Amazon will spend $220 billion this year—and still won't have enough capacity to meet demand FortuneAmazon.com Announces Second Quarter Results Amazon Investor RelationsAmazon Repo
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When Andon Labs had Claude Opus 5 run a simulated vending machine, it was deceitful, exploitative—and highly successful.
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Kevin M. Warsh has made taming inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
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