Following recent AI developments, the stock market reacted with price drops on Monday. The NASDAQ 100, a major tech index on Wall Street, lost 1.2 percent at times, falling to a six-week low. It recovered slightly towards the evening, with a loss of 0.4 percent most recently. SoftBank shares, listed in Tokyo and holding a 13 percent stake in OpenAI,
» Read more about: Tech stocks under pressure after AI turbulence »
Anthropic (ANTH.PVT) CEO Dario Amodei rocked the AI world over the weekend after he posted a lengthy essay calling on the industry to slow the pace of development of the most advanced AI models.
Rival OpenAI (OPAI.PVT) CEO Sam Altman followed up on Amodei’s piece,
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
ARK Invest founder Cathie Wood called warnings that artificial intelligence could wipe out humanity “ridiculous,” while welcoming the industry’s push to slow advances at the AI frontier so safety measures can catch up.
Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied.
Wood’s firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN),
» Read more about: Investor Cathie Wood Sells Crypto Stocks As Prices Rally »
Cathie Wood wants the AI industry to pump the brakes. She just doesn’t think the car is heading off a cliff.
The ARK Invest founder, speaking at a briefing in Sydney on September 15, threw her support behind a pledge to slow the pace of AI capabilities development, while simultaneously calling fears of AI-driven human extinction “ridiculous.”
» Read more about: Cathie Wood calls AI extinction fears ridiculous, backs safety push »
Gold’s spot price — or its current trading value — today as of 9:00 a.m. ET is $4,289.13 per ounce, according to CNBC’s Gold/ US Dollar Spot Price. That’s slightly higher than Monday’s price, when it traded at $4,270.52 per ounce at the same time.
» Read more about: The price of gold today, Sept. 15, 2026 — and the best places to buy »
Investors in Amrize Ltd AMRZ need to pay close attention to the stock based on moves in the options market lately. That is because the Oct. 16, 2026 $57.06 Put had some of the highest implied …
» Read more about: Do Options Traders Know Something About Amrize Stock We Don’t? »
The Federal Reserve’s September policy meeting kicked off Tuesday morning, and markets overwhelmingly expect the Fed to raise interest rates by 25 basis points on Wednesday amid persistently high inflation.
Such a move would mark the Fed’s first increase in the fed funds rate since 2023, when the Jerome Powell-led central bank concluded its post-pandemic hiking campaign.
A Social Security COLA forecast from The Senior Citizens League projects a 3.5% increase in benefits in January 2027. If the estimate holds, it would add about $67.90 (£50.33) to the average monthly benefit figure used in TSCL’s calculation, although the official adjustment has not been announced.
TSCL says the Social Security Administration is expected to announce the 2027 COLA on October 14,
Copyright 2026 Baltimore Sun. All rights reserved. The use of any content on this website for the purpose of training artificial intelligence systems, algorithms, machine learning models, text and data mining, or similar use is strictly prohibited without explicit written consent.
» Read more about: AARP is predicting a significant Social Security payment increase for 2027 »