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The American Dream Now Costs $5.32 Million Over a Lifetime, Investopedia Finds

The American Dream Now Costs $5.32 Million Over a Lifetime, Investopedia Finds

The dream is outrunning the paycheck The lifetime cost of the American dream rose to $5.32 million in 2026, up 4.1% from $5.11 million a year earlier, according to Investopedia's annual analysis. The increase of more than $208,000 outpaced pay: private-sector wages and

CFTC Ordered to Retract Analysis of Suspicious Oil Trades Placed Before Trump's Iran Announcements, Bloomberg Reports

CFTC Ordered to Retract Analysis of Suspicious Oil Trades Placed Before Trump's Iran Announcements, Bloomberg Reports

A referral that vanished A senior adviser to CFTC Chairman Michael Selig ordered agency staff to retract an internal analysis of suspicious oil trades that had been referred to the agency's enforcement division, Bloomberg reported. The trades in question were two large, well-timed bets placed shortly before

Jefferies Strategist Now Sees 'Massive Capital Destruction' as Base Case for AI Boom, With Share Going to Chinese Models

Jefferies Strategist Now Sees 'Massive Capital Destruction' as Base Case for AI Boom, With Share Going to Chinese Models

The base case turns bearish Chris Wood, the Jefferies global head of equity strategy behind the widely read GREED & fear newsletter, has made "massive capital destruction in the U.S. with market share going to cheaper open-source Chinese large language models" his base case for how

Anthropic Warns AI 'Worms' Could Soon Self-Replicate Across Smart Devices

Anthropic Warns AI 'Worms' Could Soon Self-Replicate Across Smart Devices

Tested on $55 TV boxes Anthropic warned in a report released Monday that rapidly improving AI systems could soon replicate themselves across everyday devices without human help, and demonstrated the risk by setting a model loose on 15 cheap Android TV streaming boxes. The model, Google's open-weight

U.S. Bankruptcy Filings Rose 11% in a Year to 469,719, Epiq Says

U.S. Bankruptcy Filings Rose 11% in a Year to 469,719, Epiq Says

Filings are climbing across the board Total bankruptcy filings in the United States rose 11% over the past year to 469,719 for the twelve months ending September 30, according to data from Epiq AACER reported by the American Bankruptcy Institute. Filings reached new highs for both consumer and commercial

Nintendo Says It Has 'No Plans to Ditch Physical' Games as Sony Ends PlayStation Discs in 2028

Nintendo Says It Has 'No Plans to Ditch Physical' Games as Sony Ends PlayStation Discs in 2028

'No plans to ditch physical' Nintendo has no plans to stop releasing games in physical formats, Bill van Zyll, the company's vice president and general manager for Latin America, said in an interview with Brazilian YouTube channel Coelho no Japão at the Brasil Game Show. "

Anthropic Says Houthi Cell Used Claude Instead of Engineers to Build Self-Correcting Rockets and Missiles

Anthropic Says Houthi Cell Used Claude Instead of Engineers to Build Self-Correcting Rockets and Missiles

Claude in place of engineers A cell based in Houthi-controlled northern Yemen used Anthropic's Claude Code in place of human software engineers to develop guidance, navigation and control software for rockets and missiles, according to an Anthropic threat intelligence report covered by the Washington Post and the

Zelenskyy Says Strikes on Yandex Data Centers Quieted Russian Bots: 'It Became Easier to Breathe'

Zelenskyy Says Strikes on Yandex Data Centers Quieted Russian Bots: 'It Became Easier to Breathe'

'It became easier to breathe' "When our strikes reached Yandex's data centers, it suddenly became a little easier to breathe on many social media platforms," Zelenskyy told the Warsaw Security Forum, saying there was "less hate, less division, and fewer provocations" because

Palantir CTO Shyam Sankar Says Some AI Researchers Are Taking Up Smoking, Betting AI Will Cure Cancer

Palantir CTO Shyam Sankar Says Some AI Researchers Are Taking Up Smoking, Betting AI Will Cure Cancer

A costly signal of faith Palantir chief technology officer Shyam Sankar said on CBS's Face the Nation that some AI researchers have taken up smoking as a signal of their belief that AI will cure cancer. Sankar used the anecdote to criticize what he called a "mass

Homebuilders Say ICE Crackdowns Are Making It Hard to Find Workers

Homebuilders Say ICE Crackdowns Are Making It Hard to Find Workers

Builders are raising the ICE issue unprompted Immigrants make up more than a quarter of the U.S. construction workforce and more than half of workers in several key homebuilding trades, according to an Axios analysis of National Association of Home Builders data. Homebuilders now say stepped-up ICE enforcement

AI Has a $6 Trillion Problem: Bain Says the Industry Must Earn $6 Trillion a Year by 2031 to Justify Its Data Centers

AI Has a $6 Trillion Problem: Bain Says the Industry Must Earn $6 Trillion a Year by 2031 to Justify Its Data Centers

The $6 trillion question The global AI industry needs to generate $6 trillion in annual revenue by 2031 to justify the data center buildout now underway, according to Bain & Company's annual Global Technology Report. Bain estimates annual spending on AI infrastructure could reach about $1.5 trillion

The AI Buildout Is Now the Biggest Investment Boom in U.S. History, WSJ Reports

The AI Buildout Is Now the Biggest Investment Boom in U.S. History, WSJ Reports

The biggest bet in American history Investment in data centers, power systems, networking and specialized chips is projected to total $10.3 trillion from 2025 through 2032, an average of 3.63% of U.S. GDP per year, according to a Brookings Institution study by Columbia economist Stijn Van Nieuwerburgh.

Stroke Rates Among Adults 20 to 54 Have Nearly Doubled in Three Decades, Study Finds

Stroke Rates Among Adults 20 to 54 Have Nearly Doubled in Three Decades, Study Finds

Stroke is becoming a younger person's disease The rate of strokes among adults ages 20 to 54 rose from 33.9 cases per 100,000 people in 1993-1994 to 62.2 per 100,000 in 2020, according to a study published September 23 in Neurology. That is

Young Americans Are Falling Behind: Under-35 Net Worth Down 23% Since 2022 as Oldest Households Gain 37%, Fed Finds

Young Americans Are Falling Behind: Under-35 Net Worth Down 23% Since 2022 as Oldest Households Gain 37%, Fed Finds

The wealth ladder is splitting by age Median net worth for households headed by someone under 35 fell 23% between 2022 and 2025, to about $33,000, while households headed by someone 75 or older saw a 37% increase, the largest gain of any age group. The figures come from

UN Adopts Pandemic Preparedness Declaration 153-3, With U.S., Israel and Argentina Voting Against

UN Adopts Pandemic Preparedness Declaration 153-3, With U.S., Israel and Argentina Voting Against

UN adopts pandemic declaration over U.S. objections The United Nations General Assembly adopted a political declaration on pandemic prevention, preparedness and response on Monday, October 12, by a vote of 153 to 3, with only the United States, Israel and Argentina voting against it. New Zealand and Paraguay abstained,

BlackRock Cuts U.S. Stocks to Neutral, Turns Bullish on Treasuries for First Time in Six Years

BlackRock Cuts U.S. Stocks to Neutral, Turns Bullish on Treasuries for First Time in Six Years

BlackRock turns bullish on Treasuries for the first time in six years BlackRock's Investment Institute has downgraded U.S. equities to neutral from a long-held overweight and upgraded short-term Treasuries to overweight, ending an underweight stance on U.S. government debt held for most of the

Epic Games Delays Disney Shooter, Orders AI-First Production: 'No More Hand-Written Code'

Epic Games Delays Disney Shooter, Orders AI-First Production: 'No More Hand-Written Code'

Epic orders an AI-first rebuild of its Disney shooter Epic Games has delayed its unannounced Disney shooter featuring Marvel and Star Wars characters and ordered the team to switch to an AI-first production model, according to a Bloomberg report by Jason Schreier published Monday, October 12. The game

More Than 1 in 3 Americans Cannot Name All 3 Branches of Government

More Than 1 in 3 Americans Cannot Name All 3 Branches of Government

More than 1 in 3 Americans cannot name all 3 branches More than one in three U.S. adults cannot name all three branches of the federal government, according to a new civics survey reported by Axios. Just 65% of respondents could name the executive, legislative, and judicial branches in

US Homes Are Now the Least Affordable on Record, Atlanta Fed Data Shows

US Homes Are Now the Least Affordable on Record, Atlanta Fed Data Shows

US homes are now the least affordable on record U.S. homes have become the least affordable on record, according to data from the Federal Reserve Bank of Atlanta. A household now needs more than $120,000 in income to afford a median priced home, more than the typical household

Pentagon Raises US Troop Death Toll in Iran Operations to 21

Pentagon Raises US Troop Death Toll in Iran Operations to 21

Pentagon raises the Iran war death toll to 21 The Pentagon has acknowledged that more U.S. troops died in the Middle East during operations against Iran than it had previously reported. Late Friday, the Pentagon updated its official count in the Defense Casualty Analysis System to include two more

Trump Says Ukraine Should Get a New President, Blames Zelenskyy for Diesel Prices

Trump Says Ukraine Should Get a New President, Blames Zelenskyy for Diesel Prices

Trump says Ukraine should get a new president President Donald Trump said Saturday that it was time for Ukraine to get a new president, according to the Associated Press. Trump suggested President Volodymyr Zelenskyy has not done enough to end the war with Russia, and he blamed Zelenskyy for high

11% of US Adults Now Take a GLP-1 for Weight Loss, Gallup Finds

11% of US Adults Now Take a GLP-1 for Weight Loss, Gallup Finds

One in nine US adults now takes a GLP-1 About 11% of U.S. adults now take a GLP-1 drug for weight loss, roughly 28 million people, according to Gallup. That is nearly four times the 3% who reported taking one in 2024. Gallup's National Health

Poland Holds Emergency Meeting After Possible Assassination Attempts

Poland Holds Emergency Meeting After Possible Assassination Attempts

Poland treats a threat against its top leaders as credible Poland held an emergency meeting of security officials on Sunday after police received information about possible assassination attempts on Prime Minister Donald Tusk and Defence Minister Wladyslaw Kosiniak-Kamysz. Interior Ministry spokeswoman Karolina Galecka said the report was transmitted to

Nearly Half of Young Voters Now View Capitalism Negatively, NBC Poll Finds

Nearly Half of Young Voters Now View Capitalism Negatively, NBC Poll Finds

Young voters are turning on capitalism Nearly half of voters aged 18 to 29 now view capitalism negatively, according to a new NBC News poll. The survey found 47% of voters in that age group hold a negative view of capitalism, while 42% view socialism positively. That split marks a

Trump Claims Energy Ceasefire, Zelensky Says News to Me

Trump Claims Energy Ceasefire, Zelensky Says News to Me

Trump announces a ceasefire Kyiv says it never heard about President Donald Trump claimed on Sunday that Russia and Ukraine have agreed to an energy ceasefire, effective immediately, but Ukrainian President Volodymyr Zelensky said the announcement was news to him. Trump wrote on Truth Social that both parties have agreed