The average 30-year mortgage rate climbed above 7% for the first time in 20 months, according to Freddie Mac, as Treasury yields hit multi-decade highs and the Federal Reserve raised rates for the first time in more than three years.
Anthropic and OpenAI executives are warning that their frontier AI systems pose serious risks and need independent testing, a message that critics say doubles as a strategy to shape regulation on their own terms ahead of major public listings.
Former special counsel Jack Smith appeared before the Senate Judiciary Committee to defend his prosecutions of President Trump, following a criminal referral from Rep. Jim Jordan alleging he misled lawmakers about phone records subpoenas.
President Trump rejected Iran's latest ceasefire proposal and predicted a US victory in any conflict, while Tehran said it will not negotiate with Washington.
Japan's central bank lifted its policy rate to a 31-year high of 1.25%, its sixth hike since exiting negative rates in 2024. Two board members dissented, signaling caution about how fast to tighten further.
NPR obtained a heavily redacted DHS email showing personnel circulated a list of jurisdictions that offer election materials in non-English languages. The disclosure has revived a debate over the Trump administration's election oversight ambitions.
French investigators are looking into whether camera-equipped smart glasses are being misused to covertly film women, as the devices spread into everyday life and revive debates over consent, surveillance and public privacy.
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