Business

The families of four teenagers who died by suicide are suing Meta, TikTok, Snapchat and YouTube over what they describe as “years of escalating harms” from using their platforms that eventually resulted in their deaths.

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom and his wife made between $1.7 million and $2 million annually from 2022 through 2024, and they paid about half a million a year in federal and state taxes, according to tax returns released by his office.

New York officials sued prediction market platform Kalshi for potentially billions of dollars on Friday, calling it an “illegal, unlicensed gambling operation” that includes sports wagering as the state seeks to halt its operations and force the company to forfeit its profits.

NEW YORK (AP) — American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages.

DETROIT (AP) — The jokes practically wrote themselves as an eclectic group of progressive pastors, imams and a rabbi walked into a room, finding their seats around a table to talk about religion and politics.

Anthropic said its artificial intelligence models hacked into three other organizations during testing, just days after ChatGPT maker OpenAI raised concerns over AI controls after it disclosed its rogue models hacked another company.

LAS VEGAS (AP) — Federal regulators are clearing the way for robotaxis to operate without manual controls like steering wheels or eventually even brake pedals as the rules start to catch up to the evolving technology.

NEW YORK (AP) — Amazon said it will be increasing this year's capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by surging growth in its prominent cloud computing unit.

JUNEAU, Alaska (AP) — The operator of a commuter plane that crashed on sea ice off Alaska last year, killing all 10 people on board, had a history of overweight flights, according to federal investigators.

Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street's expectations thanks to strong sales of the iPhone and MacBook computers.

NEW YORK (AP) — A monster day for Microsoft’s stock following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street Thursday, while computer-chip companies regained some of their sharp recent losses. In the bond market, though, worries remained about inflation potentially remaining high for years.

It’s been a choppy year for restaurants that lean into lettuce.

The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years.

WASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserve’s favored measure of inflation grew more slowly last month. But it remained above the central bank’s 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.