OpenAI Proposes Giving U.S. Government a 5% Stake Worth 2.6 Billion
In a groundbreaking move, OpenAI has proposed contributing 5% of its equity to a Public Wealth Fund, potentially allowing all Americans to benefit from AI's economic gains.
June Jobs Report Comes in Weak as Labor Market Cools Faster Than Expected
The U.S. economy added just 57,000 jobs in June, falling well short of expectations as labor force participation dropped to its lowest level since March 2021.
Morocco Crushes Canada 3-0, Ends Co-Host's World Cup Dream in Houston
Morocco delivered a ruthless 3-0 victory over co-hosts Canada in the World Cup Round of 16, with Azzedine Ounahi scoring twice to send the Atlas Lions to the quarterfinals.
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Business
Gulf Airlines Eye Boeing and Airbus Slots Amid Air India Order Speculation
Emirates, Qatar Airways, and Etihad are in talks with aircraft manufacturers about securing earlier delivery slots as speculation swirls about Air India potentially deferring orders.
Finance
Dow Hits Record High of 52,903 as Markets Close for Independence Day Weekend
The Dow Jones Industrial Average surged to an all-time high on Thursday before U.S. markets closed for the Independence Day holiday, while tech stocks faced selling pressure.
Sports
Jhon Arias Strike Sends Colombia Past Ghana Into World Cup Round of 16
Fluminense winger Jhon Arias scored the decisive goal in the 14th minute as Colombia defeated Ghana 1-0 in Kansas City, advancing to the Round of 16.
Business
A.P. Moller Holding Acquires Ocean Yield From KKR in Major Maritime Deal
Danish shipping giant's investment arm takes over Oslo-based ship leasing platform with 70+ vessels and billion in contracted backlog, marking a strategic bet on maritime leasing.
Finance
Dow Surges to Record High While Nasdaq Tumbles as Market Rotation Accelerates
The Dow climbs 1.1% to all-time highs as investors rotate out of chipmakers and into broader market sectors, with 320 S&P 500 stocks rising despite the index finishing flat.