US Stock Market Has Fallen 10% Before Rebounding After Credit Downgrades in 2011 and 2023 - Moomoo

Published: October 23, 2026 at 9:10p.m. EDTAI strategist and media consultant Mohit Rajhans discusses OpenAI’s decision to halt the release of the newest ChatGPT model due to concerns of ‘going rogue’. OpenAI said on Friday it had resumed training of its most advanced AI models after tightening security and barring internet access, and disclosed a flaw in a widely used software that it found while testing its defences. The disclosure comes amid concerns over the ability of increasingly capable AI agents to identify and exploit software flaws, including in the guardrails meant to contain them. OpenAI had paused training of its most capable models after one of its research models used a configuration error to gain limited internet access in September. The company said it contained the incident and used the pause to strengthen its defences. To test them, OpenAI had teams of AI agents try to break out of their restricted environments. It said the agents found previously unknown flaws, which it had fixed, and training resumed on Oct. 1. During that exercise, the ChatGPT maker found a flaw in Brotli, a widely used data compression tool.

InternationalPublished: October 23, 2026 at 5:51p.m. EDTThe Deepwater Horizon oil rig burns in the Gulf of Mexico on April 21, 2010. (Gerald Herbert / AP Photo) BP announced a deal on Friday that provides Louisiana an accelerated, lump-sum US$350 million payment to resolve claims over the 2010 Deepwater Horizon oil spill and that also settles long-running coastal damage litigation by local parishes. BP agreed in 2015 to pay up to US$18.7 billion to the federal government and five states to resolve claims arising out of the oil spill. That money includes US$4.9 billion payable over 18 years to settle economic and other claims by the states. While Louisiana had been owed US$373 million over the next seven years, the state will now receive a single US$350 million payment. BP said remaining coastal zone lawsuits by Louisiana parishes will be resolved. It did not provide further details. “We have now disposed of claims and settled with all but one of the major defendants in these coastal cases,” Louisiana Gov. Jeff Landry, a Republican, said in a statement distributed by BP.(Reporting by Ankita Bora in Bengaluru and Nate Raymond in Boston; Editing by Joyjeet Das)