The Group of Seven nations and its partners are to release as much as 100 million barrels of emergency oil and diesel stocks. The release, being coordinated by the International Energy Agency, will take place over the next four months.
βEurope has just agreed to release a massive amount of their heavily stocked Diesel Oil. The process will begin immediately,β β Trump said, without providing additional details.
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Bill Gates has a plan to ensure that humans keep getting paid in an AI jobs apocalypse: Tax the robots. The billionaire philanthropist said that "society gets to decide" how to support its workers β even if AI is pushing them out.
"You define a unit of labor and say, independent of whether that's delivered by a human or robot, you are paying the same FICA tax that a human worker would pay," β Gates said, referring to the US payroll tax.
FICA taxes work by having workers pay portions of their paychecks toward benefits like Social Security and Medicare, with employers matching the workers' contributions. Taxing robots that take human jobs would ensure both a monetary safety net for citizens and continued tax revenue for the government, Gates said.
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More assets. Same self-custody.
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Neuralink says its clinical trial participants have now used implants for more than 50,000 hours, creating a large dataset of intracortical neural activity.
The company says this data has been used to pretrain a foundation model for BCI, with early results including:
Neuralink says future work will focus on combining data across participants, one-shot or zero-shot calibration, and an API for the motor cortex.
The next generation of BCIs is taking shape.
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The federal government no longer stands in your way, it stands only at your service.
Easy. Fast. Convenient.
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New York City residents struggling to get out of recurring subscription fees can now submit complaints to the city government. As of Thursday, the cityβs click-to-cancel rule has taken effect, which requires businesses to make it as easy to cancel a subscription as it is to sign up.
Itβs the first municipality to see the rule take effect, after an appeals court struck down a federal version for procedural issues. The city expects it to save New Yorkers anywhere from $21.5 million to $162.5 million annually.
βNo one should need 45 minutes of hold music to stop paying for something they never wanted,β β NYC Mayor Zohran Mamdani said.
βIf a company can take your money with one click, you should be able to get your money back with one click. And now, if they wonβt let you cancel, the City is coming for them.β
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The European Central Bank is looking at three ways to bring central bank money onchain, Executive Board member Isabel Schnabel said on Thursday at the Bank of Englandβs Future of Money conference in London.
That structure would put central bank money on DLT infrastructure alongside tokenized financial assets, including securities and deposits, as well as stablecoins.
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The U.S. Department of the Treasury applauded the release of the 2026 update to the U.S. National Strategy for Financial Literacy from the FLEC, which is chaired by the Secretary of the Treasury and is composed of the heads of 23 federal agencies and the White House Domestic Policy Council.
βThe newest U.S. National Strategy for Financial Literacy is a roadmap to help every American build the knowledge and skills needed to achieve financial security for themselves and their families,β β said Secretary Scott Bessent.
βThe advent of Trump Accounts demonstrates what this approach looks like in practice. By giving young Americans and their families an opportunity to save and invest together, we can make financial education tangible, help a new generation establish sound financial habits from an early age, and build the knowledge and confidence to participate in our financial markets.β
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Asia has long been one of the most important regions for the XRP Ledger (XRPL). It is home to some of the worldβs most active digital asset markets, a deep base of developers and technology companies, and some of the most engaged XRP communities anywhere. Now, that ecosystem is getting dedicated regional support.
Jointly founded by Ripple and the XRP Ledger Foundation, XRP Asia is led by Sabrina Tachdjian and focused on strengthening the connections, resources and pathways that can help the ecosystem grow.
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President Donald Trump said he wonβt ban US diesel exports, after Group of Seven nations and their partners agreed to release some of their emergency fuel stockpiles in a bid to bring down soaring prices.
βEurope has a lot of diesel and theyβre going to be making a major world contribution β and so are we,β β Trump said. βAnd weβre not going to be doing the export ban.β
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Argentina's government launched a scheme it hopes will attract wealthy investors and simultaneously "further strengthen the Argentine Republic's fiscal and financial position," offering people the chance to apply for citizenship via investment and thus bypass the more typical procedures.
Economy Minister Luis Caputo and Cabinet chief Diego Santilli launched the citizenship-by-investment program amid the "Argentina Week" business event in Paris, saying it would start accepting applications during the fourth quarter of 2026.
"This announcement is part of Argentina's drive toward international openness and integration, accompanied by reforms aimed at strengthening the investment climate and attracting capital," β the Economy Ministry said.
The contribution has been set at $350,000 (about 470 million won) for the main applicant. Family members can apply at an additional cost of $100,000 for a spouse and $25,000 for each child under 18, bringing the total for a family of four to $500,000 (about 670 million won). The bond route is more expensive, requiring the purchase of $800,000 (about 1.08 billion won) in government debt per person.
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President Donald Trump announced plans to send βnearly $100" checks to more than 20 million seniors on Medicare.
βI pledged to protect and preserve Medicare and Social Security, which were on the verge of RUIN by Joe Biden, who foolishly and maliciously let tens of millions of Illegal Aliens into our Country, and we are doing just that for Americaβs Seniors,β β he said.
The checks, Trump said, would βhelp pay for their Medicare Part B premiums.β
Funding would come from the Medicare Improvement Fund.
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OpenAI says a rogue agent accessed a second New South Wales government website in June, with authorities only informed of the "misalignment" this week.
The Premier's Department said the model entered a National Parks and Wildlife Service (NPWS) web application containing historical information and data on fires. It said investigations have not found any unauthorised access to personal information.
"The NSW Department of Climate Change, Energy, the Environment and Water (DCCEEW) is working with Cyber Security NSW and its technology service provider to investigate the matter and assess its impact," β the statement said.
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Doppler Finance and Flare Networks announced an integration letting XRP holders access Flareβs FXRP vaults directly through Doppler, skipping extra bridges or wallets.
The news dropped during XRP Seoul 2026 in Seoul as part of Korea Blockchain Week, where Doppler leads with over $130 million locked and 14,000 depositors. Organizers hailed it as a major ecosystem boost, aligning with talks on yield, tokenized assets, and XRP's growing utility.
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President Donald Trump on Saturday called on Congress to impose mandatory prison sentences on people convicted of defrauding Medicare, Medicaid, and Social Security and proposed holding state and local politicians personally liable if they knowingly allow such fraud to continue.
"Today, I'm calling on Congress to pass legislation to address fraud in Medicare, Medicaid, and Social Security programs," β Trump said in a video.
"If you steal from the American people, you will go to prison and for a long period of time," β Trump said. "And the more you steal, the longer you'll stay in that prison."
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