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RBA leaves interest rates on hold at 4.1%

Homeowners are eagerly awaiting the Reserve Bank of Australia’s (RBA’s) decision this afternoon about whether to hold or increase the official cash rate.

  • By Jane Lindhe
  • Forbes Staff

Crypto founder sued for using funds on luxury purchases—including a $4.3 million black diamond

The Securities and Exchange Commission charged crypto influencer Richard Heart on Monday with raising more than $1 billion in unregistered securities and using investor proceeds to make lavish purchases, including a rare 555.55-carat black diamond believed to have originated from outer space—the latest crypto project to face an SEC suit.

  • By Antonio Pequeño IV

Are AI chatbots the new job interviewers?

Chatbots are increasingly being used by companies to interview and screen job applicants, often for blue collar jobs. But like other algorithmic hiring tools before them, experts and job applicants worry these tools could be biased.

  • By Rashi Shrivastava

Trump loses US$475 million suit against CNN—latest defeat in multiple media face-offs

The former president accused the network of defaming him by using the phrase “the Big Lie” while allegedly likening him to Adolf Hitler.

  • By Ty Roush
  • Forbes Staff

Zuckerberg implies less than half of Threads users have stuck around

Meta’s Twitter competitor has struggled to retain users after a record-breaking launch earlier this month.

  • By Siladitya Ray
  • Forbes Staff

Tesla exaggerated cars’ driving range – and cancelled appointments when drivers complained, reports

An investigation released Thursday says Tesla exaggerated the range of its vehicles and worked to suppress driver’s worries about their car’s battery life.

  • By Mary Whitfill Roeloffs

DOJ will not pursue campaign finance charge against FTX founder Sam Bankman-Fried

The Bahamas government informed U.S. authorities that the campaign finance charges were not part of the agreement between the two nations over Bankman-Fried’s extradition from the island nation.

  • By Siladitya Ray
  • Forbes Staff

AI at the doctor? Amazon launches new healthcare disruptor

Amazon is continuing its expansion into the health space with the launch of a new generative AI tool called HealthScribe, meant to take over some time-consuming administrative tasks of doctor’s offices and clinics, the company said.

  • By Mary Whitfill Roeloffs

Hundreds of RTX-made jet engines recalled over metal contamination – sending stock tumbling

Hundreds of Airbus jets are being recalled for an inspection after an issue was discovered in the engines

  • By William Skipworth

Elon Musk’s Twitter rebrand sets stage for everything app ‘X’ to takeoff – here’s how

Outrage is part of Musk’s brand and experts told Forbes it would be unwise to write off the billionaire for his unconventional approach to rebranding Twitter.

  • By Robert Hart
  • Forbes Staff
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