Apple sues OpenAI for alleged theft of confidential info — and says that’s just ‘the tip of the iceberg’

by Calculated Risk on 1/10/2026 08:11:00 AM The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released. For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released. —– Monday,…

Monthly job creation turned negative in July for the second time in 2026, marking the second consecutive month that U.S. hiring has widely missed forecasts. Initial estimates from the U.S. Bureau of Labor Statistics show nonfarm payrolls declined by 23,000 last month. Economist surveys from The Wall Street Journal and Reuters had each forecast around…

Chinese CEO Says Humanoid Robots Near ‘ChatGPT Moment’ as Industry Accelerates China’s Humanoid Robot Industry Approaches Breakthrough By Eduardo Baptista, Ju-min Park and Laurie Chen BEIJING, Aug 20 (Reuters) – The CEO of Chinese humanoid robot unicorn Unitree said on Thursday the industry is edging towards a “ChatGPT moment” for robot brains, after the company’s…

Allen Gross’ GFI Capital said it might miss its next payment on a portion of its Israeli bonds if it cannot restructure its debt.  A British Virgin Islands company tied to GFI disclosed in a filing on the Tel Aviv Stock Exchange on Aug. 10 that it might not have the funds to meet its…

On July 24, 2026, China’s Ministry of Finance and State Taxation Administration issued landmark announcements that establish a comprehensive framework for imposing China’s individual income tax at a 20% rate on residents of China who transfer or have transferred property to or who receive distributions from offshore trusts (the New Rules). The issuance of the…