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AI-Driven Cyber Risk Is Top Concern for Global Financial Stability, Watchdog Says
Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate concern for the global financial system, saying the technology could change the speed, scale and economics of an attack. …
POSTED AUGUST 31, 2026 11:27 AM |
China’s Humanoid Robots Aren’t Smart Enough to Take Your Job – Yet
Inside a training center in southern China, more than 100 humanoid robots stand in neat rows. A dozen human trainers wearing headsets guide some of them through simple tasks – sorting crates, packaging noodles, making coffee. The humanoids are slow …
POSTED AUGUST 31, 2026 10:21 AM |
Michigan Houses are Getting Older, Creating Problems For the State
When the typical Michigan home was built, Richard Nixon was president, US forces were withdrawing from Vietnam and “The Exorcist” would become the year’s highest-grossing film. While pop culture has changed dramatically since 1973, much of the state’s housing stock …
POSTED AUGUST 31, 2026 7:00 AM |
How a $1 Texas Insurance Fee Funded Thousands of Flock Cameras
In 2023, the Texas Legislature unanimously passed a law raising auto insurance costs for Texans by $1 to combat rampant catalytic converter theft. Three years later, a little-known state agency has devoted at least $30 million of that fee toward …
POSTED AUGUST 31, 2026 7:00 AM |
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies
Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. Leading AI developers OpenAI, Anthropic and Meta …
POSTED AUGUST 31, 2026 5:21 AM |
Major Tech Companies Call for Defensive Surge to Defeat AI-Driven Hacks
Major tech companies including OpenAI, Anthropic, Microsoft, Alphabet and Amazon are calling for a society-wide defensive surge to defeat what they describe as an impending wave of hacks driven by artificial intelligence. In a joint letter issued Thursday, the companies …
POSTED AUGUST 31, 2026 5:09 AM |
Sydney Developer in Distress Sounds Alarm for Private Credit
The downfall of an Australian property developer that borrowed heavily from non-bank lenders is stoking fears that cracks are starting to emerge in the nation’s A$200 billion ($144 billion) private credit market. Bathla Group, a major property developer in Sydney, …
POSTED AUGUST 31, 2026 5:05 AM |
Florida Grand Jury Finds DeSantis Admin Misused $10M; Yaworsky Signed Off on it
A Florida grand jury found that Republican Gov. Ron DeSantis’ administration “misappropriated” $10 million in taxpayer money it diverted to a charity connected to his wife, but the grand jury declined to file criminal charges due to a lack of …
POSTED AUGUST 31, 2026 5:03 AM |
County Approves New $2.3B Stadium Project for Tampa Bay Rays
The Tampa Bay Rays won county approval Friday on a financing plan that will allow them to build a new stadium, a day after city officials approved their part for the $2.3 billion ballpark project that will replace the domed …
POSTED AUGUST 31, 2026 5:02 AM |
Oregon Regulators Extend Wildfire Emergency Orders to Pause Insurance Cancellations
The Oregon Division of Financial Regulation is extending its order for insurers to suspend cancellations and nonrenewals for residents impacted by wildfires. The DFR issued a wildfire emergency order and bulletin in late July that was to expire. However, DFR …
POSTED AUGUST 31, 2026 5:00 AM |
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