Silver soars by more than 7% as the Fed’s dot plot shows low appetite for rate hikes

The leaders of US AI labs are having a come-together moment. After Anthropic CEO Dario Amodei said on Saturday that he’s “become convinced” AI needs to pace its development to avert disaster, other AI leaders quickly logged on to endorse the idea. Most notably, OpenAI CEO Sam Altman said on X, “I agree with Dario…

The Pentagon wants to modernize deception detection, but faster analysis cannot repair a test that mistakes ordinary fear and stress for dishonesty.

Key Takeaways Selling your house could free up funds to pay off your mortgage and other debt, but it’s not the right move for every homeowner.   Before listing your home, consider how much equity you have and estimate your selling costs, which would reduce your overall profit.  If selling your house doesn’t make sense for…

Key Insight: Uncover how proposed PCAOB rules will change the timeline for auditors issuing negative assurance. What’s at Stake: Issuers risk losing access to capital markets under a decades-old auditing restriction. The Public Company Accounting Oversight Board is proposing changes in an auditing standard for providing comfort letters to underwriters and other parties involved in…

New U.S. sanctions target Iran’s tech, gold, and shipping sectors, pressing global intermediaries. Editor’s note: This article has been updated to include new developments from the U.S. Treasury Department. The U.S. Department of the Treasury invoked the memory of approximately 160,000 Allied soldiers storming a 50-mile stretch of Normandy’s coast when it published its latest…

Money mule activity, long associated primarily with money laundering, now fuels a wide range of scams, including identity fraud, payment fraud, and organized financial crime. Mule accounts allow criminals to receive stolen funds and quickly move money across financial institutions, distancing themselves from the original crime. Too often, mule activity is dismissed as legitimate because…