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UK long-term borrowing costs hit highest since 2008 ahead of October Budget

BBC News

Long-term government borrowing costs have risen to a 28-year high, putting further pressure on Prime Minister Andy Burnham ahead of his first Budget next month. The yield on a 30-year gilt -- a loan to the British government -- rose to 5.89%, the highest since 1998. The effective cost of borrowing for governments across the globe has continued to rise this morning with new multi-decade highs in market interest rates. The moves reflect concerns about inflation arising from the ongoing Iran war, competition from major tech firms for long-term borrowing, and concerns about state borrowing levels. All of those factors will make the Budget process trickier for Burnham, who will face MPs on Tuesday for the first time as prime minister, and his Chancellor John Healey. Higher borrowing costs will reduce the amount of headroom the government has against its self-imposed fiscal rules, limiting the amount Healey can spend on consumer-friendly measures to ease the cost of living.


Israeli attacks on Gaza kill at least four, including children

Al Jazeera

'This is an apartheid regime' Does Trump have real leverage over Netanyahu? At least four people have been killed and several wounded in Israeli attacks on the besieged Gaza Strip, health officials said. At least three people, including two children, were killed and eight people were wounded in an Israeli drone attack in the al-Kateeba district west of Gaza City in northern Gaza on Tuesday morning, a medical source at al-Shifa Hospital told Al Jazeera. Reporting from Gaza City, Al Jazeera's Hani Mahmoud said he counted at least 13 drones in the area at the time of the attack. "For 35 minutes there were nonstop attacks involving drones, three of them hovering at a dangerously low level," he said.


SEN. BERNIE SANDERS: Yes, we must hit the pause button on AI before it is too late

FOX News

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Japan's top court to test use of AI in civil trials

The Japan Times

Japan's top court to test use of AI in civil trials The Supreme Court has included some ¥60 million for expenses related to the use of AI in its budget request for fiscal 2027. The Supreme Court plans to examine in the next fiscal year whether generative artificial intelligence (AI) can be used in civil trials. On Monday, the top court announced its budget request for fiscal 2027, which included some ¥60 million for expenses related to the use of AI. This is the court's first budget request including such expenses. According to the Supreme Court, records of settled lawsuits will be used in a demonstration test on AI use.


Japan turns to AI in fight against investment fraud

The Japan Times

The Consumer Affairs Agency has established a group to use generative artificial intelligence technology to more quickly detect investment scams and other fraudulent schemes. The Consumer Affairs Agency said Tuesday it will step up its fight against investment and other fraud promising lucrative returns by using generative artificial intelligence technology to enhance information analysis. A group established within the agency the same day will utilize the technology to find schemes with similar patterns to past fraud cases and malicious business operators to enable quicker intervention, the agency said, announcing a set of measures against the type of scheme that attracts large amounts of money by promising high returns before eventually collapsing. "Recovery is difficult once the damage (from fraud) is done, so it is important to respond quickly," consumer affairs minister Hitoshi Kikawada told a news conference. The new group will run a generative AI system to analyze cases reported to the National Consumer Affairs Center's information system for consultation, which number about 900,000 annually.


Apple claims OpenAI is using confidential Apple material and destroying evidence

The Japan Times

Apple has claimed in a new court filing that OpenAI is destroying evidence and that a former iPhone engineer used confidential Apple material in his work at the company. Apple has escalated its legal battle against OpenAI, claiming in a new court filing that OpenAI is actively destroying crucial evidence and that former iPhone engineer Chang Liu "not only downloaded a confidential Apple circuit schematic but also used it in his work" at the artificial intelligence company. The court brief was filed Monday in support of Apple's motion for expedited pretrial fact-finding in the lawsuit, which accuses the ChatGPT-maker of stealing trade secrets. OpenAI has pushed to have the case dismissed. Liu, who left Apple for OpenAI in January, is central to the case.


John Ternus to lead Apple into the age of AI

Al Jazeera

John Ternus takes over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence. One of his biggest challenges will be balancing the company's dependence on China while parrying acute political pressure from the White House. Ternus, 51, joined Apple's design team in 2001 and worked his way up to senior vice president of hardware engineering, reporting to Cook. He leads the engineering teams behind Apple's entire product lineup, including the iPhones that generate most of the company's revenue. He gets barely a week to settle in, with Apple holding its annual iPhone event on September 9, where it is expected to unveil its first foldable handset.


Maine lighthouse proved to be no match for man dancing in the buff who was armed with a golf club

FOX News

Creature dubbed'Syracuse Figure' spotted in New York: Is it Bigfoot or an elderly skinny-dipper? Taylor Sheridan's Landman faces lengthy wait as season 3 production timeline revealed Man in trouble for using robot vacuum to record wife's affair, friends with benefits lease up & hall pass wins Country music star Riley Green keeps cooking with new single'That's Just Me' from upcoming album Internet reacts to Georgia schoolteacher's groundbreaking invention, the'fart corner' Rockstar finally releases statement regarding'Grand Theft Auto VI' leaks, leaving fans even more confused Let's look back on the best moments (read: crashes) from the World Humanoid Robot Games Liam Neeson and Zachary Levi lead ex-CIA heist in Tehran in new trailer for'The Fix' First preview drops for'Brothers' as'True Detective' stars reunite on Apple TV this September'Serial defecator' on the loose in Tulsa, last seen wearing a thong, mask with a hole cut out & a shower cap Ella Langley's unstoppable 2026 run continues with viral Instagram posts from her sold-out tour'Lioness' latest episode leaves fans reeling after brutal and violent execution scene Amb. Mike Huckabee says there has to be an'awakening' in America She cashed in turning women into online fantasies. Tupac Shakur murder trial: Closing arguments heard as Duane'Keffe D' Davis will learn fate soon Brian Kilmeade: We've seen this movie before Ben McDonald on pro athletes returning to college: 'If I'm a head coach I want these players' DHS job fair blocked over ICE in Buffalo: 'This is what you get living in a blue state' Hugh Hewitt: El-Sayed is'flopping' He was wrong about Curt Cignetti and might be wrong again... A historic lighthouse on a small rocky island off the coast of York, Maine, was minding its own business last week, as lighthouses tend to do, when it was attacked by a naked dancing man armed with a golf club.


Vance says Trump 'sending a message' to Iran with AI-generated video

Al Jazeera

What is Iran's Pickaxe Mountain? Vance says Trump'sending a message' to Iran with AI-generated video Share Vance says Trump'sending a message' to Iran with AI-generated video on social media An AI-generated video depicting missiles raining down on a key Iranian island to destroy what appears to be oil-processing infrastructure is meant as a warning to Iran, United States Vice President JD Vance says. President Donald Trump posted the video on his Truth Social account on Sunday night and on Monday followed up with a post saying Iran was "dead" and a "failed nation". "We know that they continue to shoot at commercial shipping. We continue to have a lot of tools at our disposal to prevent them from doing so or at least cut down on them from doing so, and that's what the president is saying," Vance told reporters at an Air Force base in Maryland.


New fabric stays cooler than white cotton--and it's purple

Popular Science

Technology Engineering New fabric stays cooler than white cotton--and it's purple But can we still wear purple after Labor Day? More information Adding us as a Preferred Source in Google by using this link indicates that you would like to see more of our content in Google News results. The electrospun purple fabric could add some color to cool clothing. Breakthroughs, discoveries, and DIY tips sent six days a week. By signing up, you confirm you are 16+, will receive newsletters and promotional content and agree to our Terms of Use and acknowledge the data practices in our Privacy Policy .