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Demand for riskier mortgages rises again, along with interest rates

TazaPulseSeptember 9, 2026

A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage rates moved up again last week, prompting more borrowers to search for savings. They found that in riskier, adjustable-rate mortgages (ARMs). Demand for those loans made up 8.5% of all...

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OpenAI claims to have solved Navier-Stokes math problem

TazaPulseSeptember 9, 2026

The OpenAI logo is displayed on a smartphone screen. Nurphoto | Nurphoto | Getty Images OpenAI says it solved the 90-year-old Navier–Stokes mathematics problem in 88 hours, using 10,000 agents and a new artificial intelligence model. In a release published Tuesday, OpenAI — the company behind the ChatGPT AI chatbot — said it was “sharing...

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Anthropic researcher says AI has 10% chance of ‘killing all humans’

TazaPulseSeptember 9, 2026

Andrey Rudakov | Bloomberg | Getty Images There is more than a 10% chance that artificial intelligence could “kill all humans,” an Anthropic safety researcher said on Tuesday, hours after another employee said he was quitting the company over concerns that AI labs are “gambling with our lives.” The comments underscore growing concerns among those...

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Federal Reserve’s rate call could hang on a tiny fraction

TazaPulseSeptember 9, 2026

The Federal Reserve’s interest rate decision next week could hinge on just a few one-hundredths of a percentage point and ultimately on inflation data they won’t see until after they vote. As markets vacillate between which way they think policymakers will lean, all eyes will turn to releases on August producer and consumer prices —...

U.S. downplays Iran’s seizure of unmanned sub in Hormuz Strait

TazaPulseSeptember 9, 2026

File: A boat of the Iranian Revolutionary Guard at undisclosed location off the coast of Bandar Abbas, Iran August 2019. Nazanin Tabatabaee | WANA | Reuters The U.S. military on Tuesday said an unmanned submersible that Iran reportedly seized in the Strait of Hormuz was “defective” and carried no sensitive data or classified equipment. “An...

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AstraZeneca COPD drug tozorakimab shows positive late-stage trial results

TazaPulseSeptember 8, 2026

AstraZeneca on Tuesday released full results from two successful late-stage trials on its experimental drug for chronic obstructive pulmonary disease, boosting hopes that it could generate multibillion-dollar sales for the company. The biologic medicine, tozorakimab, is under priority review by the Food and Drug Administration, with U.S. approval expected in the first quarter of 2027....

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JLR to cut thousands of jobs in cost-saving drive

TazaPulseSeptember 7, 2026

General view of Land Rover cars outside the Jaguar Land Rover factory on April 7, 2025 in Halewood, England. Richard Martin-roberts | Getty Images News | Getty Images Thousands of workers at Britain’s Jaguar Land Rover (JLR) will be offered voluntary redundancies as the luxury car manufacturer responds to intense competition from cheaper Chinese rivals,...

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SEC sues ISS as Trump admin ramps up scrutiny of proxy advisers

TazaPulseSeptember 6, 2026

A person on a scooter leaves the entrance to the U.S. Securities and Exchange Commission headquarters building on May 26, 2026, in Washington, DC. J. David Ake | Getty Images The Securities and Exchange Commission sued Institutional Shareholder Services, seeking to force the influential proxy adviser to turn over information as the Trump administration steps...

LeBron James teases partnership with Polymarket

TazaPulseSeptember 6, 2026

Sports legend LeBron James speaking at the CNBC Game Plan Summit in New York City on July 16, 2026. Shea Kastriner | CNBC Superstar athlete LeBron James teased an upcoming partnership with prediction market platform Polymarket in a social media post on Saturday. James posted a 14-second video on social media platform X that appeared...

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Trump pushes Fed to cut rates ahead of pivotal September decision

TazaPulseSeptember 6, 2026

President Donald Trump speaks with the new chairman of the Federal Reserve, Kevin Warsh, after a swearing-in ceremony in the East Room of the White House, in Washington, May 22, 2026. Anna Moneymaker | Getty Images Ten days ahead of a meeting in which the Federal Reserve will likely consider raising interest rates, the Trump...