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Entrepreneurs Urged to Own AI Outputs, Not Just Use the Tools

As generative AI adoption among small businesses surges—58% now use it, up from 23% in 2023—industry leaders including Michele Jawando of Omidyar Network say access to AI tools is no longer a differentiator. Speaking at a tech discussion, Jawando, Allison Scott of Kapor Foundation, and Katy Knight of Siegel Family Endowment argued that founders must focus on owning proprietary data and intellectual property built through AI rather than simply consuming the technology.

Huawei's criminal racketeering trial opens in New York with jury selection

Jury selection begins in a long-running federal case against Huawei Technologies, which faces charges including wire and bank fraud, trade secret theft, and violating U.S. sanctions on North Korea. Prosecutors also allege Huawei equipment helped Iran surveil protesters during 2009 demonstrations. Huawei has called the government's case 'demonstrably false' and previously sought to have it dismissed as vague and overreaching.

US Census Bureau: Global Seniors Now Outnumber Young Children

A new U.S. Census Bureau report finds that people aged 65 and older now outnumber young children worldwide for the first time. The bureau projects the share of people 65 and up will nearly double from 10.5% in 2025 to 19.6% by 2060, driven largely by falling birth rates and longer lifespans. Global population is expected to grow from about 8 billion to 10 billion by 2060, with over half that growth coming from the elderly population.

US imposes up to 100% tariffs on Chinese drones and key components

The Trump administration's new tariffs took effect September 3, imposing rates as high as 100% on drones over 55 pounds, thermal-imaging models, docking stations, and critical parts like airframes and control boards. Smaller, less-capable drones and other components face a 25% rate, while allied nations such as the EU, Japan, South Korea, Switzerland, Taiwan and the UK get preferential rates of 10-15% if their supply chains are substantially domestic or American.

US employers add 162,000 jobs in August, beating summer trend

U.S. job growth rebounded in August with employers adding 162,000 positions, a marked improvement after several months of weaker hiring over the summer. The figure surprised economists who had expected more modest gains, signaling renewed momentum in the labor market.

Wyoming cities top new ranking of best U.S. retirement destinations

A new ranking evaluated U.S. cities for retirees based on cost of living, healthcare access, quality of life and available activities. The analysis found Wyoming locations outperforming traditional retirement hotspots, offering an alternative to the well-worn path to Florida and Arizona.

Five Venezuelan nationals plead guilty in Kansas ATM jackpotting scheme

Five men from Venezuela have pleaded guilty to one count of conspiracy to commit bank larceny after attempting to use malware to force ATMs to dispense cash in Wamego and Manhattan, Kansas. Both attempts failed—one triggered an alarm and the other simply didn't work—and surveillance footage helped lead to their arrests in December 2025. One defendant, Luis Alberto Velasquez-Artigas, has already been sentenced to nine months in prison, while the rest await sentencing.

Kalshi issues first-ever lifetime ban, targets George Santos over insider trading

Kalshi, an online prediction market, announced it has permanently banned former Republican Congressman George Santos after determining he likely used insider knowledge to profit from a bet against his own attendance at the State of the Union address. The company said this marks the first permanent ban it has ever issued.

Survey: Over a Third of Employees Withhold Skills While Training AI Systems

A new workplace survey finds that more than one-third of employees admit to deliberately holding back specialized knowledge from AI agents they are asked to help train, fearing the technology will eventually replace them. The trend follows moves like Meta's decision this spring to monitor employees' mouse movements, clicks, and keystrokes on work computers in order to feed real behavioral data into its AI training pipeline.

U.S. tightens curbs on Chinese drones and robots, but Beijing's scale advantage persists

Washington expanded its restrictions on foreign-made robotics and drones in July and August, citing national security, adding steep tariffs on imported drones that take effect this September, with component tariffs to follow in 2027. The rules extend the FCC's Covered List, which previously targeted telecom firms like Huawei and Hikvision, to now cover drones and advanced robotic devices, even as Chinese firms dominate global humanoid robot shipments.

Analysts propose accountability reforms to shield Fed from Trump pressure

Amid escalating political pressure from President Trump on the Federal Reserve, commentators are floating ways to strengthen the central bank's accountability mechanisms as a means of preserving its independence. The proposals aim to balance greater oversight of the Fed's decisions with protecting its ability to set monetary policy free from short-term political interference.

Red Lobster continues store closures in 2026 after 2024 bankruptcy

Red Lobster is shutting down additional restaurant locations across the U.S. in 2026 as part of an ongoing effort to reduce its footprint following its 2024 Chapter 11 bankruptcy filing. The seafood chain is trying to rebuild its brand while continuing to scale back its physical presence.