OpenAI has pulled back the curtain on how much its researchers spend on AI coding agents. In a blog post on Sunday, the startup said the most prolific users of AI coding agents among its researchers now consume more than $7,000 worth of tokens — the small chunks of text an AI model reads and
Surprisingly healthy employment data has tipped expectations for a rate hike at the Federal Open Market Committee’s (FOMC) meeting higher this week, with interest rate traders now placing the likelihood at 58.4%. According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors
This as-told-to essay is based on a conversation with Jennifer Mannix, a 56-year-old based in Tacoma, Washington. It’s been edited for length and clarity. In 2022, after 30 years working for the city of Juneau, Alaska, I was eligible for a full retirement, which included health benefits and a pension for the rest of my
The U.S. military has denied Iran ’s claim to have struck an unmanned American military vessel in the Strait of Hormuz, calling it a “total lie.” A top Iranian official said Tehran plans to announce an “exclusion zone” outside the Strait of Hormuz aimed at vessels it believes are attempting to transit the waterway. Meanwhile, Israeli strikes in southern Lebanon killed seven
This as-told-to essay is based on a conversation with Judy Zeng, a 22-year-old business development intern at global media startup EO Studios, based in San Francisco. Her identity and employment have been verified by Business Insider. This story has been edited for length and clarity. I’m a recent graduate from Northwestern University, where I studied
The federal interest burden has reached a new height, exceeding even the 1991 record, but analysts warn the risks associated with servicing the ever-growing national debt today are much higher than they were 35 years ago, analysts warn. A recent analysis from investment management firm Doubleline noted that in 2025, the federal net interest payment
