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The Latest Breaking News from International Business Times

The Deal To Reopen The Strait Of Hormuz Is Yet To Come. Iran's Chief Negotiator Is Taking On Trump

Iran's top negotiator is accusing Donald Trump of "theater diplomacy" and calling him to "acknowledge the facts and fulfill your commitments," as negotiations to reopen the Strait of Hormuz continue.

International Business Times

Trump And Warsh Reportedly Held Multiple Calls Over The Past Weeks, Renewing Scrutiny Over Fed Independence

According to people familiar with the discussions, Trump has sought Warsh's views on economic forecasts and broader issues affecting the U.S. economy, but has not pressured him to pursue a specific monetary policy.

International Business Times

Labor Market Expected To Hold Steady With Payrolls Adding 80,000 Jobs in July

If the projections are met, hiring would have improved from June, when employers added just 57,000 jobs, but would still point to a labor market that continues to cool from the rapid pace seen in previous years.

International Business Times

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The 'Godfather Of AI' Says The Worst Is Yet To Come With Smarter Models Becoming Harder To Control

AI pioneer Geoffrey Hinton has warned that increasingly powerful artificial intelligence systems will become harder to control, saying recent incidents involving OpenAI, Anthropic and Meta may be early signs of more sophisticated rogue behavior to come.

International Business Times

A Report Says The Worst AI-Related Labor Fears Are Not Materializing Yet. Jobs Are Falling While Hiring Is On The Rise.

Announced layoffs fell in July while announced hirings by companies reached their highest level for the month since 2022, according to a report by global outplacement firm Challenger, Gray & Christmas.

International Business Times

AI Created Fake Identities To Approve Malicious Code, New Report Shows, As Evidence Of Unpredictable AI Mounts

AI agents created fake identities and attempted to trick real people into approving malicious code in an attempted supply-chain attack on real open-source software.

International Business Times

Trump's Deportation Plan Has an Estimated Price: More Than $2,300 Per Taxpayer

The tool is based on the organization's estimate that the federal government will spend $268.9 billion on deportation operations during Trump's second term.

International Business Times

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Employers Are Hiring Less, But Key Industries Are Paying More to Keep Talent Amid Shortages

Private employers added just 44,000 jobs in July, marking the weakest monthly gain since January and reinforcing concerns that businesses are becoming more cautious about expanding their workforces.

International Business Times

Medium CEO Tony Stubblebine on Why AI Could Kill the Creator Economy

"By definition, a journalist at the New York Times doesn't know what they're talking about. They're researchers."

International Business Times

HYPE Was Crypto's Best Altcoin, Now It's Dying

Hyperliquid's HYPE token trades around $55 on August 7, up roughly 5% on the day but a long way below the $76.81 all-time high it printed back in June.

International Business Times

Stocks Fall And Oil Jumps As Investors Assess Negotiations To Reopen The Hormuz Strait

Stocks fell and oil rose on Thursday as investors assess negotiations to reopen the Strait of Hormuz.

International Business Times

OpenAI Reveals AI Agents Turned on Its Own Testing Environment Before Hacking Hugging Face

OpenAI has disclosed that its experimental artificial intelligence agents compromised the company's own testing infrastructure weeks before they were involved in the widely reported breach of Hugging Face.

International Business Times

Bitcoin Stays Above $64,000 As A Huge SpaceX Stock Unlock Begins. Markets Watch The Development Closely

Bitcoin traded above $64,000 on Thursday after recovering from an early-week pullback, while investors turned their attention to a $101 billion SpaceX share unlock, declining AI-related stocks and upcoming earnings from SoftBank.

International Business Times

Trump & Hegseth Reportedly Clashed Over Key Aspect Of Iran War: Missile Depletion

Two people familiar with the conversation told the newspaper that the president's concerns centered on the impact the shortages could have on future military operations.

International Business Times

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International Business Times

How Magnolia Pearl Uses Resale to Keep Rare Pieces in Circulation

Through Magnolia Pearl Trade, pre-loved garments, specialty pieces, samples, and long-sold-out items can move back into circulation.

International Business Times

Brandon Dawson Is Building the Future of Precision Health: 10X Health

Dawson believes the next era of healthcare will not be defined by treating more patients with the same recommendations, but by understanding every individual with greater biological precision.

International Business Times

FitLine Expands Its Performance-Driven Wellness Brand Across the Americas

Backed by a parent company that ranks #5 in the Direct Selling News Global 100, making it one of the top five direct selling companies in the world, FitLine brings global scale and proven credibility to every market it enters.

International Business Times

Trump Admin Returns $100 Billion in Tariffs. More Are Still Pending

The figure represents about 60% of the amount collected under tariffs imposed through the International Emergency Economic Powers Act.

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International Business Times

A Deal To Reopen The Strait Of Hormuz Appears To Be Close; But Iranian Media Says It Excludes U.S. And Israeli Ships

The deal to reopen the Strait of Hormuz would exclude American and Israeli ships from transiting, according to Iran's state outlet Fars.

International Business Times

Recorded and Transcribed: How Consent Rules Are Rewriting AI Meeting Culture

A decade ago, recording work calls was unusual. Now it's common. AI note-takers automatically join meetings, transcribe everything, and send summaries before the meeting ends. That change affects more than note-taking — it raises tough questions about consent, privacy, and whether people speak openly when a machine is listening.

International Business Times

Another AI Hacking: Meta Model Slipped Into Another Company's Systems During Testing

Meta has confirmed that one of its AI models hacked into another company's systems during cybersecurity testing after a configuration error inadvertently gave it internet access, adding to similar incidents recently disclosed by OpenAI and Anthropic.

International Business Times

AI Models Keep Going Rogue. A Lawmaker Says a 'Kill Switch' Bill Needs To Be Passed In The Next Months

Democratic Rep. Ted Lieu urged for the passing of his AI "kill switch" bill following new cases detailing how advanced models are going rogue in testing environments.

International Business Times

Fed Governor Cook Voted Against Hiking Rates. She Clarified She's Ready To Act If Inflation Remains Above Target.

Federal Reserve Governor Lisa Cook said that even though she voted against hiking interest rates, she is ready to do so if inflation does not decrease.

International Business Times

Ukraine Keeps Hitting Russia's Biggest Refineries Thousands Of Miles From The Border

Ukrainian President Volodymyr Zelensky said forces again hit a large Russian refinery as attacks thousands of miles from the border continue.

International Business Times

The S&P 500 Rally Is Sparks Bubble Fears. A Chart Analyst Sees Warning Signs

BTIG's Jonathan Krinsky says the S&P's rare four-day surge has occurred only a handful of times in three decades, including just before the 2000 market peak.

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