Bill Pulte accused Fed Governor Lisa Cook of fraud. His relatives filed housing claims similar to hers: Reuters

Bill Pulte, Director of the Federal Housing Finance Agency, speaking on CNBC’s Squawk Box on Sept. 4th, 2025. CNBC Close relatives of the federal official who has accused a Federal Reserve governor of improperly claiming primary residence on two properties have declared the same status on two homes in two different states, public records show.... Read More

Business

September 5, 2025

Mega Millions, Powerball, and Lottery Winners Who Lost Everything

Callie Rogers was just 16 when she won £1.9 million (about $3 million) in the UK’s lottery in 2003, and she was too young to know how to manage her money or where it would lead her, according to Gawker. After briefly vowing to manage her winnings responsibly, Rogers made quick work of her fortune.... Read More

Business

September 5, 2025

Why AI Chatbots Hallucinate, According to OpenAI Researchers

OpenAI researchers claim they’ve cracked one of the biggest obstacles to large language model performance — hallucinations. Hallucinations occur when a large language model generates inaccurate information that it presents as fact. They plague the most popular LLMs, from OpenAI’s GPT-5 to Anthropic’s Claude. OpenAI’s baseline finding, which it made public in a paper released on Thursday,... Read More

Business

September 5, 2025

AppLovin and Robinhood added to S&P 500

Shares of advertising technology company AppLovin and stock trading app Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global said the two will join the S&P 500 index. The changes will go into effect before the beginning of trading on Sept. 22, S&P Global announced in a statement. AppLovin will... Read More

Business