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Trump defends the US economy with charts after job reports showed warning signs

Trump defends the US economy with charts after job reports showed warning signs

By JOSH BOAK

WASHINGTON (AP) — President Donald Trump unexpectedly summoned reporters to the Oval Office on Thursday to present them with charts that he says show the U.S. economy is solid following a jobs report last week that raised red flags and led to the Republican firing the head of the Bureau of Labor Statistics.

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Joining Trump to talk about the economy was Stephen Moore, a senior visiting fellow in economics at the Heritage Foundation, a conservative think tank, and the co-author of the 2018 book “ Trumponomics.” read more

Roblox rolls out open-source AI system to protect kids from predators in chats

Roblox rolls out open-source AI system to protect kids from predators in chats

By BARBARA ORTUTAY

Roblox, the online gaming platform wildly popular with children and teenagers, is rolling out an open-source version of an artificial intelligence system it says can help preemptively detect predatory language in game chats.

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The move comes as the company faces lawsuits and criticism accusing it of not doing enough to protect children from predators. For instance, a lawsuit filed last month in Iowa alleges that a 13-year-old girl was introduced to an adult predator on Roblox, then kidnapped and trafficked across multiple states and raped. The suit, filed in Iowa District Court in Polk County, claims that Roblox’s design features make children who use it “easy prey for pedophiles.” read more

OpenAI launches GPT-5, a potential barometer for whether AI hype is justified

OpenAI launches GPT-5, a potential barometer for whether AI hype is justified

By MATT O’BRIEN

OpenAI on Thursday released the fifth generation of the artificial intelligence technology that powers ChatGPT, a product update that’s being closely watched as a measure of whether generative AI is advancing rapidly or hitting a plateau.

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GPT-5 arrives more than two years after the March 2023 release of GPT-4, bookending a period of intense commercial investment, hype and worry over AI’s capabilities.

In anticipation, rival Anthropic released the latest version of its own chatbot, Claude, earlier in the week, part of a race with Google and other competitors in the U.S. and China to leapfrog each other on AI benchmarks. Meanwhile, longtime OpenAI partner Microsoft said it will incorporate GPT-5 into its own AI assistant, Copilot. read more

Trump to nominate top economic aide Stephen Miran to Federal Reserve board

Trump to nominate top economic aide Stephen Miran to Federal Reserve board

By CHRISTOPHER RUGABER and JOSH BOAK, Associated Press

WASHINGTON (AP) — President Donald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve’s board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment.

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Trump said he has named Stephen Miran, the chair of the White House’s Council of Economic Advisers, to fill a seat vacated by governor Adriana Kugler, a Biden appointee who is stepping down Friday. Miran, if approved by the Senate, will serve until January 31, 2026. read more

Trump orders federal regulators to probe alleged bank discrimination against conservatives

Trump orders federal regulators to probe alleged bank discrimination against conservatives

By KEN SWEET, Associated Press

NEW YORK (AP) — President Donald Trump on Thursday signed an executive order mandating a probe into whether banks have discriminated against conservatives and certain industries like gun manufacturers and cryptocurrency companies, invoking the vast powers to go after entities that the Republican president alleges have discriminated against him and his allies.

The executive order deals with an issue known as “debanking,” which is when banks close accounts of individuals or declines to go into business with certain industries. Trump has accused JPMorgan and Bank of America of debanking him and his companies in the past, something both banks have denied.

Trump ordered federal bank regulators to make sure banks do not discriminate against individuals or companies for their political or religious beliefs. He also ordered bank regulators to probe when banks may have allegedly discriminated and refer the cases to the Department of Justice.

The move could open banks to potential civil or criminal investigations, fines or punishments. read more