AI boss apology for rogue chatbot rings hollow

Markets reacted to Democrats’ midterm election victory with the dollar falling while gold and US Treasury bonds rallied. Investors are assessing how the political outcome could affect fiscal policy, inflation and interest rates. The moves matter because they signal shifts in global risk sentiment and demand for safe-haven assets.

Democrats won a series of elections in areas long held by Republicans, wins BBC North America correspondent Anthony Zurcher describes as historic. The results point to shifting political momentum and could reshape the map of competitive races ahead.

Binance's co-CEO said customers will not lose a dime after a reported $6 billion heist at the cryptocurrency exchange. The assurance aims to calm users after one of the largest crypto thefts. If confirmed, the incident could intensify scrutiny of exchange security and market confidence.

Binance has revealed how fake job interviews and misuse of AI tools were used in a scheme linked to $6.43 billion in stolen funds. The case highlights how social engineering and AI-assisted tactics can enable large-scale crypto theft and why platforms are warning users.

Drivers in the UK could be offered compensation by car finance lenders before the wider mis-selling saga is resolved. The move may give consumers earlier payouts while lenders await final regulatory decisions. It matters because the scandal could affect millions of drivers and cost the industry billions.