Musk’s xAI sues engineer for allegedly taking secrets to OpenAI

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A group of 60 U.K. lawmakers has signed an open letter accusing Google DeepMind of violating its commitments to AI safety with the release of Gemini 2.5 Pro. The letter, published by political activist group PauseAI, accuses the AI company…

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July’s PCE report showed consumers spending resiliently, with inflation matching expectations. But beneath the surface, there was a pullback in spending in discretionary categories—a bad sign when combined with last month’s weak job growth. On paper, the July personal income…

These are the stocks posting the largest moves midday.
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