OpenAI executive Fidji Simo , the startup’s chief executive officer of AGI deployment, is stepping down from her full-time role following a three-month medical leave. Simo, who was hired to oversee much of OpenAI’s core business a little over a year ago , has been on leave since April due to an ongoing neuroimmune condition. Simo will shift to being a part-time adviser to OpenAI, she wrote in a po...
OpenAI executive Fidji Simo , the startup’s chief executive officer of AGI deployment, is stepping down from her full-time role following a three-month medical leave. Simo, who was hired to oversee much of OpenAI’s core business a little over a year ago , has been on leave since April due to an ongoing neuroimmune condition. Simo will shift to being a part-time adviser to OpenAI, she wrote in a post on X. “Three months ago, I had to go on medical leave after a severe exacerbation of a chronic illness I’ve lived with for seven years,” Simo wrote. “During that time, it became clear that the road to recovery would be much longer and more complex than I had anticipated — and that I needed to focus on it fully.”
When you expect your stocks to pay you for holding them, dividend cuts are your worst nightmare. Not only does a dividend cut mean you're losing that passive income, but the stock itself often tanks once a company announces the cut. Fortunately, investors can avoid picking lousy dividend stocks by focusing on certain traits. An established track record of paying dividends and raising them helps, b...
When you expect your stocks to pay you for holding them, dividend cuts are your worst nightmare. Not only does a dividend cut mean you're losing that passive income, but the stock itself often tanks once a company announces the cut. Fortunately, investors can avoid picking lousy dividend stocks by focusing on certain traits. An established track record of paying dividends and raising them helps, but it goes beyond that. Companies with safe dividends often operate recession-resistant business models, have healthy financials, and maintain a solid growth trajectory, so their dividends can continue to grow alongside profits. Realty Income (NYSE: O) , Altria Group (NYSE: MO) , and PepsiCo (NASDAQ: PEP) are top-notch dividend stocks that check all these boxes. Buy and hold them to get paid while sleeping well at night. Continue reading
WD-40 Company Justifies Sell-Side Support With Q2 ResultsWD-40 (NASDAQ:WDFC) reported a sharp increase in fiscal third-quarter sales and profit, with management citing broad-based gains across regions, strong growth in maintenance products and benefits from operating leverage, wh
WD-40 Company Justifies Sell-Side Support With Q2 ResultsWD-40 (NASDAQ:WDFC) reported a sharp increase in fiscal third-quarter sales and profit, with management citing broad-based gains across regions, strong growth in maintenance products and benefits from operating leverage, wh
Gold steadied, as investors weighed renewed fighting in the Middle East and the prospects for interest-rate hikes to combat stubborn inflation. Bullion was near $4,120 an ounce in early trading, after snapping a three-day losing streak in the previous session. An exchange of airstrikes this week and the reimposition of US oil sanctions on Iran have left a truce signed last month in a state of limb...
Gold steadied, as investors weighed renewed fighting in the Middle East and the prospects for interest-rate hikes to combat stubborn inflation. Bullion was near $4,120 an ounce in early trading, after snapping a three-day losing streak in the previous session. An exchange of airstrikes this week and the reimposition of US oil sanctions on Iran have left a truce signed last month in a state of limbo , raising uncertainty over the safe passage of energy and other commodities through the Strait of Hormuz. For gold traders, the flare-up in fighting between the US and Iran raises the likelihood of the Federal Reserve keeping borrowing costs higher for longer to deal with the inflationary impact of higher energy prices. Minutes of the Fed’s June meeting released this week showed some policymakers said there was a case for raising rates , which were ultimately left on hold. Tighter monetary policy is typically negative for non-yielding bullion. Read More: Trump’s Iran Truce in Limbo After Renewed Strikes and Sanctions “Hike expectations may now be largely factored in but still could limit gold rallies,” James Steel , chief precious metals analyst at HSBC Holdings Plc, said in a note dated July 9. A strong US dollar “may also put up considerable headwinds to rallies,” he said. The bank cut its 2026 average gold price forecast to $4,560 an ounce. With an eye toward potential changes at the Fed, new Chairman Kevin Warsh on Thursday announced the leadership of five task forces that will examine the US central bank’s approach to key aspects of policy making. The leaders include prominent academics, former central bankers and corporate executives. Read More: Fed’s Warsh Names Leadership for Five New Task Forces Meanwhile, Fed Bank of New York President John Williams said that, among the drivers of inflation in the US, he’s most focused on demand driven by artificial intelligence . If that persists, it could force the central bank to raise interest rates, he said. Spot gold was l...
Christchurch Mansion, Ipswich While Britain boils in a heatwave, a new exhibition built around the much-reproduced canvas reminds us of the beauty of the natural world – and what we could lose I first saw John Constable’s 1821 painting The Hay Wain as a postcard with cruise missiles brutally stacked in the wooden cart and pointing at the sky. Peter Kennard’s anti-nuke photomontage is just one of t...
Christchurch Mansion, Ipswich While Britain boils in a heatwave, a new exhibition built around the much-reproduced canvas reminds us of the beauty of the natural world – and what we could lose I first saw John Constable’s 1821 painting The Hay Wain as a postcard with cruise missiles brutally stacked in the wooden cart and pointing at the sky. Peter Kennard’s anti-nuke photomontage is just one of the many parodies and travesties this image of a seemingly eternal rustic Britain keeps provoking. A few months ago, a newspaper cartoon depicted a ballistic missile from Iran speeding through Constable’s painting. But when I visited Ipswich to see its Hay Wain exhibition at the start of the latest heatwave it was the climate making a scorching, ironic comment on this temperate scene. Inside this Tudor house, grey, blue and brown masses of rain-promising cloud hung above Constable’s painted Suffolk fields, dappling them with shade. But outside the grass was straw yellow and the landscape around Dedham Vale and the River Stour, where Constable was born and in which The Hay Wain and many more of his works lovingly linger, appeared to have been blowtorched into oblivion. Continue reading...
Ministers consider bringing e-cigarette laws in line with tobacco as data shows 20% of teenagers have tried vaping Vapes could be sold in plain packaging as part of a range of proposals to stop them being marketed to children. The UK-wide plans also include limiting device colours to white, black or grey, and keeping vapes out of sight in shops, according to the Department of Health and Social Car...
Ministers consider bringing e-cigarette laws in line with tobacco as data shows 20% of teenagers have tried vaping Vapes could be sold in plain packaging as part of a range of proposals to stop them being marketed to children. The UK-wide plans also include limiting device colours to white, black or grey, and keeping vapes out of sight in shops, according to the Department of Health and Social Care. Continue reading...
Hollywood actor signs recording deal with Decca after decades of composing pieces inspired by his Welsh childhood Anthony Hopkins says he has achieved his “first desire” of signing a record deal, with his debut single being released on Friday. The 88-year-old Hollywood actor’s first album, Life Is a Dream, will be released next month by Decca Classics . It is a collection of pieces he has composed...
Hollywood actor signs recording deal with Decca after decades of composing pieces inspired by his Welsh childhood Anthony Hopkins says he has achieved his “first desire” of signing a record deal, with his debut single being released on Friday. The 88-year-old Hollywood actor’s first album, Life Is a Dream, will be released next month by Decca Classics . It is a collection of pieces he has composed over six decades. Life Is a Dream will be released on 21 August Continue reading...
Presenter, 77, says ‘for now life goes on as normal and I continue to broadcast’ as he shares diagnosis received in 2025 The longtime radio and TV broadcaster Paul Gambaccini has been diagnosed with Alzheimer’s disease. The 77-year-old presenter, who has been a regular on the BBC since the 1970s and has one of the most recognisable voices on British radio, shared a statement revealing the diagnosi...
Presenter, 77, says ‘for now life goes on as normal and I continue to broadcast’ as he shares diagnosis received in 2025 The longtime radio and TV broadcaster Paul Gambaccini has been diagnosed with Alzheimer’s disease. The 77-year-old presenter, who has been a regular on the BBC since the 1970s and has one of the most recognisable voices on British radio, shared a statement revealing the diagnosis he received in 2025. Continue reading...
As investors increasingly turn to artificial intelligence for help with everything from stock picking to risk management, JPMorgan Chase & Co. has been testing whether a model can do something more ambitious: allocate money itself. The early results are encouraging. Researchers at the bank built an array of AI-powered investing agents that shift between stocks and bonds depending on changing marke...
As investors increasingly turn to artificial intelligence for help with everything from stock picking to risk management, JPMorgan Chase & Co. has been testing whether a model can do something more ambitious: allocate money itself. The early results are encouraging. Researchers at the bank built an array of AI-powered investing agents that shift between stocks and bonds depending on changing market conditions. In backtests spanning the past two decades, the best-performing system topped a traditional 60/40 portfolio — 60% in stocks and 40% in bonds — by 0.7 percentage point a year with lower volatility, while also beating JPMorgan’s own rules-based market regime model, according to strategists led by Thomas Salopek . The results come with an important caveat. They are based on historical simulations rather than live investing, and JPMorgan warns against treating them as proof that AI can consistently outperform markets. Still, it’s a sign of things to come as the boom in automated trading shows little sign of slowing. “The AI agent can be set up with a process to be empowered to make decisions under uncertainty, producing outperformance vs a reasonable benchmark,” the strategists wrote in a note Thursday, describing the work as the firm’s first attempt to build an AI system for identifying market regimes. The experiment offers an early glimpse of Wall Street’s next phase of AI adoption. Banks have spent the past two years embedding large language models into research, coding and internal investing tools. Increasingly, they are testing whether those same systems can move beyond assisting workers to making one of the industry’s most consequential decisions: how to allocate capital across markets. New Hedge Funds Are Using AI Bots to Rival Industry Giants AI Race May Cut Trading Edges From Seven Years to 18 Months JPMorgan’s Brunner Says AI Moving From ‘Hype’ to Real Execution Harvard-Led Study Says AI Can Predict 71% of Active-Fund Trades The findings come as a growin...