MAGY: Good Intent, Poor Execution – Buy The Index

An Anthropic researcher who previously worked at OpenAI just quit. He’s the latest insider who’s warned that the AI race has become dangerously reckless. Jacob Coxon announced his resignation from Anthropic on Tuesday, saying he had spent the past three years doing pre-training research at the two AI giants. “Neither company is acting responsibly,” Coxon…

Key Points Nike and McDonald’s are both facing challenges with consumer discretionary spending. Nike’s challenges are more entrenched as the stock has been sliding for five years. McDonald’s has been losing market share to a resurgent Burger King. 10 stocks we like better than McDonald’s › It’s been a rough year for Dow Jones Industrial…

Product migration is due to begin gradually from 2027. Credit: Piotr Swat/ Shutterstock.com. Deutsche Bank’s Private Bank has chosen Vault Core, a cloud-based banking system built by Thought Machine, for its operations in Germany.  The system is set to become the main platform for banking and lending products in the country across personal banking and…

One key is how any new U.S. sanctions might affect China, the No. 1 buyer of Iranian crude oil.

Donald Trump publicly listed the donation amount as $325 million ANDREW CABALLERO-REYNOLDS / AFP via Getty Images This post originally appeared in the BI Today newsletter. You can sign up for Business Insider’s daily newsletter here. Should you invest in Trump Accounts? It’s a question that’s had some of my group chats buzzing since the…

Rates and unsold inventory keep builders cautious The 30-year fixed-rate mortgage averaged 6.55% for the week ending July 16 up from 6.49% the prior week, according to Freddie Mac‘s Primary Mortgage Market Survey (PMMS). Odeta Kushi of First American says demographic demand and life events continue to support the housing market, even as higher…