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Dow falls 600 points, oil surges after Trump says Iran ceasefire is ‘over’ – which could halt gas decline

NY Post
1 month 2 weeks ago
Fresh tensions over the Strait of Hormuz, a vital maritime route for 20% of the world’s oil, could keep gasoline from falling below the $3 mark.
Taylor Herzlich

‘Trying’ Season 5 Episode Guide: How Many Episodes in ‘Trying’ Season 5, Cast, And More

NY Post
1 month 2 weeks ago
Everything to know about the return of Apple TV's gem.
mliss1578

8 best hair conditioners that beat out the rest, based on years of testing

NY Post
1 month 2 weeks ago
We put in the work so you don't have to.
Victoria McDonnell

Trump Admin Approves Public Release Of OpenAI's GPT-5.6 Models Ahead Of Thursday Release

Zero Rss
1 month 2 weeks ago
Trump Admin Approves Public Release Of OpenAI's GPT-5.6 Models Ahead Of Thursday Release

The Trump administration has approved the wide public release of OpenAI's advanced GPT-5.6 model family, a source familiar with the discussions confirmed to Axios on Tuesday. OpenAI announced late Tuesday night that its flagship model, named Sol, along with the more accessible Terra and Luna variants, will launch publicly this Thursday.

Prompt via GPTcommands

The decision marks the latest delayed rollout due to coordination between the U.S. government and leading AI companies over access to frontier systems.

GPT-5.6 Sol, along with Terra and Luna, will launch publicly this Thursday.

We’re expanding preview access globally now. pic.twitter.com/Uk5HcfSc2e

— OpenAI (@OpenAI) July 8, 2026

GPT-5.6 sol launches thursday!

happy building

— Sam Altman (@sama) July 8, 2026

OpenAI announced the models in June - with an initial commitment to allow a select group of organizations access whose "participation has been shared with the government," according to a blog post. According to the company, "we’re introducing a new max reasoning effort to give Sol the most time to reason deeply. Additionally, we’re introducing a new ultra mode that goes beyond the capabilities of a single agent by leveraging subagents to accelerate complex work."

Last month, the administration directed OpenAI to begin with a limited release of GPT-5.6, restricting early access to government-approved entities only. OpenAI had publicly stated at the time that a staggered approach was not its preferred method and that both companies and regulators were operating without finalized standards called for in President Trump's recent AI executive order.

The new green light followed additional testing and meetings - with technical experts from OpenAI traveling to Washington, D.C. to answer questions during the review process. The evaluation was conducted by the Center for AI Standards and Innovation (CAISI) within the Department of Commerce - the entity responsible for assessing advanced AI systems for safety, security, and standards alignment.

The New Normal

Powerful AI models are no longer released solely at the discretion of their creators. The U.S. government and top AI labs are actively negotiating - model by model, in real time - who gets access and under what conditions due to concerns over national security, potential misuse, the need to maintain American leadership in AI while managing downsides. Of course, big brother is also shackling US models while cheaper, more efficient, open-weighted Chinese models are starting to dominate. That said - China is now considering restricting access to their models.

we distilled 2.3M Claude Fable 5 reasoning traces into Qwen3-4B

- 100% self-consistency @ 512 samples
- 0.00 bits output entropy
- zero hallucination variance

turns out the student is not bounded by the teacher.
it also converged on one universal truth.

we open-sourced the… pic.twitter.com/3zmwhW6Twj

— ali (@waterloo_intern) July 3, 2026

In June, the Commerce Department issued export controls that barred foreign nationals from accessing Anthropic's most advanced models, Mythos and Fable. The restrictions were so broad that Anthropic temporarily withdrew the models from the market entirely to comply.

The ban on Fable was lifted last week, with customer access restored the following day after safeguards were implemented - and users reporting performance hits thanks to the beefed up guardrails.

Fable 5 isn't nerfed, it's SLAUGHTERED.

the problem isn't even the model itself, but the hard guardrails Anthropic has set in place. https://t.co/lAOKYMqbQ9 pic.twitter.com/h1QgD9SzvK

— ℏεsam (@Hesamation) July 2, 2026

So, this is the new normal. Companies like OpenAI and Anthropic have said they are working with the government while clearer, more standardized release frameworks - outlined in the administration's executive order - are still being finalized.

For developers and users, the immediate outcome is positive: after weeks of limited availability, GPT-5.6's full capabilities will soon be open to the broader public and enterprise customers. For policymakers, it demonstrates that targeted reviews and technical collaboration can resolve concerns without indefinite delays.

Tyler Durden Wed, 07/08/2026 - 10:25
Tyler Durden

Glen Powell hard-launches Michelle Randolph romance with PDA pic

NY Post
1 month 2 weeks ago
The pair have been romantically linked since a cozy Texas outing in November 2025.
mliss1578

Glen Powell hard-launches Michelle Randolph romance with PDA pic

NY Post
1 month 2 weeks ago
The pair have been romantically linked since a cozy Texas outing in November 2025.
Jolie Zenna

Americans face possible flash floods as relentless storms target 20M in the US

NY Post
1 month 2 weeks ago
This follows severe storms that blasted across northern Minnesota on Monday, where the NOAA's Storm Prediction Center (SPC) received at least six preliminary tornado reports.
FOX Weather

Subway faces backlash after employee’s viral video reveals how its iconic bread is made: ‘So many things wrong’

NY Post
1 month 2 weeks ago
“Bro pls tell me that ain’t the bread,” one person wrote.
News.com.au

Biblical swarms of horny flying ants so huge they’re mistaken for rain on radar

NY Post
1 month 2 weeks ago
It's cloudy with a chance of ant squalls.
Ben Cost

The Plumbing For Vast Defense Spending Needs To Be Set Up

Zero Rss
1 month 2 weeks ago
The Plumbing For Vast Defense Spending Needs To Be Set Up

By Michael Every of Rabobank

In response to Iranian strikes on ships using the Omani route in Hormuz, the US has struck Iranian air defense, missile, and drone sites in the Strait and suspended its oil sanctions waiver. These are clear breaches of the MoU, and we will now see if Iran escalates --it says it will take “decisive” action-- with the risk of war if the US is also prepared to go that route. We suspect the US will try to step back for now. Even so, it should be clear why our base case is that more war is likely after the midterms. Obviously, oil prices are up today on this news; but crack spreads are already so wide that hardly matters.

Elsewhere in the Middle East, Secretary of War Hegseth is to visit Israel today as PM Netanyahu reiterates that he and Trump align on ”the big things” over Iran; bomb attacks rocked Damascus as France’s Macron visited; Lebanon’s president is to get his first White House visit; and the FT reports Saudi Arabia is blocking private sector payments to Dubai – a sign of rising tensions between those two GCC economies.

At the Ankara NATO summit, Trump struck a friendlier tone towards Turkey than many in Europe, removed sanctions over its purchase of the S-400 Russian antiaircraft system, and saying he’ll “certainly consider” selling them F-35s – setting off alarms in Jerusalem and Athens.

The summit has already seen Secretary General Rutte say, “Admit it - Trump was right.” Yes, Trump just reiterated he could pull all his troops out of Europe (no: Congress wouldn’t allow it) and still wants to control Greenland, which implies fission. But NATO announced joint economic projects to counter Russia and China, ranging from critical minerals to drones to missile shields, aimed at building up a joint military-industrial base: that implies fusion. So does South Korea and NATO agreeing to open procurement talks as President Lee Jae Myung calls for a higher-level defence partnership, something Japan is also pushing for; and as Japan, South Korea, and the US announced cooperation over a new US breakthrough in small modular nuclear reactors. If we count Australia in too at some point, that all seems like a potential building ‘bloc’.

That still comes at a very high price. Ankara has already seen $50bn in defense deals, but that’s a tiny fraction of what’s needed to rearm. Indeed, as European and Canadian defence spending growth is expected to slow this year, and the UK’s new plan falls far short of what’s required, there’s chatter of a ‘World Bank for Defence’, as the UK Chancellor also calls for rival international defense schemes to merge. In short, the plumbing for vast spending needs to be set up.

In that light, yesterday saw the BOE float easing bank capital rules despite what Bloomberg calls “mounting risks,” following new Fed Chair Warsh’s stance: will the BOE also encourage lending into the physical economy, i.e., the military-industrial complex, rather than just holding financial assets; and could it follow a potential US lead on a new inflation measure, as our US strategist plots here? Moreover, the BOE’s new crypto framework regulates GBP stablecoins but allows foreign ones, i.e., USD, to operate under US legislation, opening the door to their adoption.

Not in the same arena (yet), the RBNZ today hiked rates 25bps to 2.50%, as both we and the market had expected. The Bank said that more tightening is needed to bring inflation sustainably back to the 2% midpoint of its target, and RaboResearch maintains a forecast of two more 25bp rate hikes in 2026, with an additional 25bp hike in Q1 next year to bring the OCR to 3.25%.

Meanwhile, German business leaders warned Chancellor Merz that far more is needed to prevent the country experiencing a ‘lost decade’; Airbus is to make its first foray into engine manufacturing with a hydrogen project; and EU border chaos has prompted a delay to a planned pre-authorized travel system.

In the Americas, the White House is pressuring retailers over beef prices; and Canada told the UAE it’s not ready for a planned C$70bn of FDI as it doesn’t have any projects on hand(!)

In Asia, a Chinese policy advisor stated that China has the potential to become the world’s largest consumer market by 2041 – as data show its housing market has reversed 20-years of price gains (not always a bad thing in terms of consumer spending power), and a report has it that hundreds of millions of workers are now in the gig economy. That would imply China’s huge trade surplus will be very hard to eliminate, as a trade war with Europe looms alongside tariffs from the US and an emerging bloc-based NATO architecture.

Indeed, as the IMF appoints former BOE advisor Tenreyro as its next chief economist, the old establishment is on the back foot. See the op-ed today in the New York Times from Mohamed El-Erian arguing ‘America was being played. The Bessent Doctrine says those days are over’, which says economic statecraft has taken over and the global leaders of tomorrow need to learn that “considerations of national security, domestic politics, and geopolitics no longer play second fiddle to traditional business interests in determining corporate and economic outcomes. Those business interests are now being sidelined.” This will be a shock to anyone who didn’t read Grand Macro Strategy in November 2024, which made the same arguments and showed how it would happen.

Contrast that with the argument made by Adam Tooze in the Financial Times that the USD is no longer a global reserve FX but just a “profit dollar” backed by rising asset prices. There’s a vast realpolitik difference between financialisation and production but arguing one shouldn’t hold dollars because US assets appreciate is rather odd absent a counterargument for Hamiltonian neomercantilism which many, if not all, critics of the US also reject as the solution.

But back to “domestic politics.” The US Democratic Party candidate for a Maine Senate seat is being pressured to step down over a serious criminal allegation, opening a tug-of-war not just for that seat but within the Democrats between the mainstream and populist wing. That’s after President Trump used an Independence Day speech to rail against “communism.”

In France, Le Pen was given the legal all clear to run for president in 2027, while wearing a police ankle tag. Does this open the door to populists winning or is this an Establishment tactic to put forward a hobbled Le Pen rather than her nimbler (and more popular) deputy Bardella?

Reform UK leader Farage resigned his parliamentary seat over allegations he should have reported a large personal gift and possible party financial support before becoming an MP. He wants to fight a “two-fingers up to the Establishment” by-election, which Labour and the Tories will not contest. One view is Farage is now a farce, as when he wins the pointless by-election the parliamentary investigation into the gifts will just continue. Yet if it concludes there was wrongdoing, he faces suspension from Parliament for 30 days… and another by-election. Another view is Farage is a force and White Van Man will see the Establishment as the farce, just as happened with Trump. Mirroring that episode, the Guardian are pushing a criminal component to the gifts: but Channel 4 interviews of ‘pub-ulists’ in Farage’s seat of Clacton, even with leading questions, saw that as a stitch-up.

Indeed, the Establishment can lose: Prince Harry and other claimants could face a £50m(!) legal bill after losing a phone-hacking court case. Expect a slew of new streaming specials on how to make cupcakes soon?

It’s not only the IMF, central banks, and NATO, who need to get baking, perhaps.

Tyler Durden Wed, 07/08/2026 - 10:05
Tyler Durden

Katie Couric suffers ‘freaky’ stroke scare, details her unexpected symptoms

NY Post
1 month 2 weeks ago
The terrifying condition made the journalist unable to remember the existence of her newborn granddaughter.
mliss1578

Katie Couric suffers ‘freaky’ stroke scare, details her unexpected symptoms

NY Post
1 month 2 weeks ago
The terrifying condition made the journalist unable to remember the existence of her newborn granddaughter.
Jolie Zenna

Novak Djokovic gets in roof feud with Wimbledon boss during epic win

NY Post
1 month 2 weeks ago
Novak Djokovic has turned back the clock to win the longest quarterfinal in Wimbledon history in a five set rollercoaster on Wednesday morning. The Serbian triumphed 7-6 (12-10), 3-6, 6-3, 6-7 (7-4), 7-6 (10-4) over brave Canadian Felix Auger-Aliassime to become the oldest male to reach the Wimbledon semifinals for more than 50 years. Djokovic...
News.com.au

BetMGM bonus code NYPMAX1550: Get up to $1,550 in bonuses for NBA Summer League

NY Post
1 month 2 weeks ago
Get up to up to $1,500 in Bonuses + $50 BetMGM Reward Points with the BetMGM bonus code NYPMAX1550 for NBA Summer League.
Mike Turay

Giants’ Bryce Eldridge wants Home Run Derby invite: ‘Fool not to do it’

NY Post
1 month 2 weeks ago
When the field for next week’s Home Run Derby is revealed, it won’t include Bryce Eldridge.
Evan Webeck

The ugly details behind England player’s freak post-match World Cup injury: ‘Shattered it’

NY Post
1 month 2 weeks ago
Henderson didn’t play a minute in the country’s 3-2 win over Mexico, but required a stretcher and oxygen after falling during the team’s postgame celebration. 
Spencer Brod

Price of stamps is going up — again, for the eighth time in 5 years

NY Post
1 month 2 weeks ago
You've got mail, and it's more expensive.
Aurielle Weiss

Trump says he’ll give Ukraine the right to make Patriot missiles

NY Post
1 month 2 weeks ago
Trump estimated that the US could get Ukraine up and running with Patriot production by this fall.
Caitlin Doornbos

Why Charles Barkley ‘politely declined’ invitation to Taylor Swift and Travis Kelce’s ‘crap show’ wedding

NY Post
1 month 2 weeks ago
The former NBA star explained why he "politely declined" to attend the "Bad Blood" singer and the NFL player's star-studded wedding.
mliss1578

Why Charles Barkley ‘politely declined’ invitation to Taylor Swift and Travis Kelce’s ‘crap show’ wedding

NY Post
1 month 2 weeks ago
The former NBA star explained why he "politely declined" to attend the "Bad Blood" singer and the NFL player's star-studded wedding.
Tamantha Ryan

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News feeds

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  • Did Canada Just Sign Its Own Economic Death Warrant?
  • Azerbaijan Sues CNN Over Story On Cooperation With Israel In War On Iran
  • "Civilizational Suicide": China's Humanoids Sprint Ahead As Americans Fight Over Data Center And Socialism
  • The Great Burrito Debate And The Uncomfortable Solution To Inflation
  • Death Of Europe's Industrial Base: VW CEO Set To Announce 50,000 Job Cuts
  • Alfalfa Sprouts Linked To Bacterial Infections In 15 US States
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