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Trump establishes committee to investigate Fed governor Lisa Cook

US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional. Donald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she committed mortgage fraud, renewin…

• Trump ramps up battle to fire Fed's Lisa Cook. Her lawyers say there's no basis to remove her.Market Watch
• Trump escalates effort to fire Federal Reserve governor Lisa CookWashington Post Politics

Options traders are betting on a dramatic drop in interest rates

Recent options activity points to bullish positioning for long-term bonds and utilities.

• Rising interest rates: The good, the bad and the ugly for retireesMarket Watch
• UK savings: 5% interest rate deals may not last, say expertsThe Guardian World News

OpenAI says it didn't fire 3 safety researchers for 'speaking out' on AI risks

• OpenAI rejects researchers' claim they were fired over safety warnings, says they committed 'breach of trust'New York Post Business
• OpenAI defends firing AI safety researchers over "breach of trust"CBS Money Watch

Anthropic has a message for Claude users: Don't be cruel

Anthropic said the ban will only apply in "extreme cases where users repeatedly act cruelly toward our models, with no discernible purpose."

• Anthropic now bans being cruel to Claude. We asked Claude whyYouTube - Yahoo Finance
• Anthropic bans users from being 'cruel' to its AI systemsBBC US

Here's how Treasury yields could rise to 6% - even without market upheaval

The bond market will be closed on Monday for Columbus Day, but the stock market will operate normally.

• The options market is reminding investors there's a cure for rising bond yields - higher yieldsMarket Watch
• Oil prices jump 5%, pushing Treasury yields higher and stocks lower as Iranian attacks disrupt tanker trafficNew York Post Business

Fired OpenAI employees question the company's commitment to safety

The three fired workers say OpenAI punished them for being outspoken about safety. The company disputes the claims and says they were fired over mishandling sensitive information.

• Fired OpenAI researchers say they were let go for 'prioritising safety'BBC Business
• Fired OpenAI safety researchers dispute misconduct claims, warn of chilling effectTechCrunch

Average long-term US mortgage rate rises to highest level in nearly 3 years

Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years

• Two charts show how far homeownership is slipping out of reach as mortgage rates skyrocketBusiness Insider
• With mortgage rates soaring above 7.5%, the smart money rents in AmericaMarket Watch

How the oil industry is preparing for Hurricane Isaias

Hurricane Isaias is this season's first Atlantic hurricane, and is on a path to hit the northern Gulf Coast. How is the oil industry preparing?

• Hurricane Isaias to 'stress test' oil markets already hobbled by tight fuel suppliesMarket Watch
• Hurricane Isaias: Category 3 Threat to Gulf & Supply ChainFreightWaves

Houthis claim they struck Riyadh's main airport in Saudi Arabia

Houthi rebels are claiming they attacked Saudi Arabia's main airport in Riyadh. Semafor Gulf's Mohammed Sergie breaks down whether this signals a full-blown regional war in the Middle East.

• Delta CEO: 'Safety is going to make the call' on launching Saudi Arabia flightCNBC Business
• Houthis claim attack on Riyadh airport as airlines suspend flights to Saudi capitalThe Guardian World News