Interim Air Force One Jet Gets Patriotic Paint Scheme Ahead Of America's 250th Party

Gold Futures Flat at Two-Month Low Ahead of May CPI and FOMC Meeting - News and Statistics  IndexBox

OpenAI Files Confidentially For IPO, Joining SpaceX and Anthropic In Capitalizing On AI Frenzy The rush by AI companies to go public before the window closes (i.e., "market conditions" emerge) entered its final lap late on Monday, when OpenAI joined its two mega peers in filing for a blockbuster IPO that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list its shares publicly, following an imminent offering by SpaceX. OpenAI said it had confidentially submitted a draft IPO prospectus to the US Securities and Exchange Commission, formally kicking off the process for one of the year’s most hotly anticipated debuts. The company is also planning to launch a tender sale of its shares to provide liquidity to employees in the coming weeks, before the company goes public, Bloomberg reported. Why employees would want to sell shares ahead of an IPO is not exactly clear, unless they fear the market reaction to the public offering would disappoint.  OpenAI’s listing announcement comes days before SpaceX is set to IPO in a deal that could raise a recor

529-To-Roth IRA Rollover Rules In 2026: Five Questions That Help Determine Whether You Qualify Authored by Adam H. Douglas via The Epoch Times, After funding a 529 college savings account for years, you realize there is money left over. Maybe your grandchild graduated early, earned a scholarship that covered more than expected, or decided college was not for them [ZH: or maybe your grandkid is an ungrateful little shit] . A federal rule now lets you move that leftover balance into a Roth IRA, tax-free. It may sound too good to be true, and for some account holders, it is. Leftover 529 funds can now be rolled into a Roth IRA, but strict rules may limit who qualifies. Panchenko Vladimir/Shutterstock The provision is real, but the eligibility window is narrow, and several states have created a tax trap that most account

"Replacing Lower Value Human Capital": Banks Cut Staff As Recent Grads Face Off Against AI For Jobs As AI reshapes banking, students entering the industry are confronting a double challenge: navigating AI-driven hiring processes today while wondering how many traditional finance jobs will remain tomorrow, according to Bloomberg. Warwick University student Andre Bonnick, for example, spends hours preparing for automated screening interviews rather than conversations with human recruiters. While he hopes to secure a role in finance, he is also weighing options such as further study as entry-level opportunities become more competitive. Industry leaders have been increasingly candid about AI’s impact on employment. JPMorgan CEO Jamie Dimon stated that the technology “will eliminate jobs,” while other bank executives have acknowledged that some roles may no longer be needed as automation expands. Standard Chartered CEO Bill Winters described the shift as “replacing in some cases lower-value human capital” with technology investments, comments for which he later apologized.

US May CPI forecasts from 15 investment bank analysts. Hot, hot, hot ... FOMC sweating.  investingLive

Wages are up, but still being outpaced by inflation  marketplace.org