Breaking News

Business News

OpenAI pulls the plug on Sora, the viral AI video app that sparked deepfake concerns

SAN FRANCISCO (AP) — OpenAI is shutting down its social media app Sora, which went viral last fall as a place to share short-form videos generated by artificial intelligence but also raised alarms in Hollywood and elsewhere. OpenAI said in a brief social media message Tuesday that it was “saying goodbye to the Sora app” and that it would share more soon about how to preserve what users already created on the app. “What you made with Sora mattered, and we know this news is disappointing,” it said. The company behind ChatGPT released Sora in September as an attempt to ...

The advantage of buying a used luxury car rather than a new non-luxury car

It’s pretty common for new-car shoppers to look at what they can afford and go from there. Typically, that means focusing on vehicles from mainstream brands, even though owning a luxury vehicle is something many people aspire to. But there’s a right-now alternative that could be intriguing: For about the same price of a new mainstream car, you could get a used luxury car instead. Imagine you have about $35,000 to spend on a 2026 Honda CR-V. That’s a perfectly sensible choice. But for about the same price, you could get a 3-year-old BMW X3. The X3 is certainly more prestigious and ...

Wall Street drops again to close its 5th straight losing week

NEW YORK (AP) — U.S. stocks deepened their drops Friday as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years. The S&P 500 fell 1.7% to close its worst week since the war with Iran began. The Dow Jones Industrial Average lost 793 points, or 1.7%, and fell more than 10% from its record set last month, while the Nasdaq composite sank 2.1%. The losses were a break from Wall Street’s pattern this week, where the U.S. stock market flip-flopped from gains to losses each day as hopes rose and fell about a possible end to the ...

Wall Street records worst drop since Iran war as the Nasdaq sinks 10% below its record high

NEW YORK (AP) — Stocks fell sharply Thursday, and oil prices rose as doubt took over again from hope on Wall Street about a possible end to the war with Iran. The S&P 500 slumped 1.7% for its worst day since January and is back on track for a fifth straight losing week. That stretches back to before the Iran war began, and it would be the longest such losing streak in nearly four years. The Dow Jones Industrial Average dropped 469 points, or 1%, and the Nasdaq composite sank 2.4% to fall more than 10% below its all-time high set early this year. That’s a steep enough drop that ...

DJV Carpet wins charity pinball competition

Staff report GIRARD — Forty-two teams of four players each competed Tuesday afternoon in the second annual Corporate Pinball Challenge & Fundraiser at Past Times Pinball and Video Arcade in Girard through a partnership with the Youngstown/Warren Regional Chamber. Each team played for a ...

Chances of a Federal Reserve rate cut fade as inflation worsens

WASHINGTON (AP) — The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans’ finances: Higher interest rates. Longer-term interest rates have risen quickly since the war began Feb. 28, pushing up the cost of mortgage loans, auto loans, and business borrowing. And with inflation measures likely to rise in the coming months, the prospect of interest rate cuts this year by the Federal Reserve is fading. Wall Street investors instead see the odds rising of an actual rate hike instead. The fact that a rate hike has become a ...