U.S. President Donald Trump confirmed that U.S. officials held a "very good" meeting with Iranian representatives on the sidelines of the United Nations General Assembly. According to Sina Finance, Trump said the talks lasted three hours, were highly constructive, and that another meeting had already been arranged.
Apple is developing a screenless health and fitness tracker similar to Whoop devices. According to Sina Finance, people familiar with the matter said the project is still in an early stage and could not launch until 2028.
Anthropic and OpenAI each announced lower-cost artificial intelligence models on Tuesday. According to Sina Finance, OpenAI introduced more tiers for its GPT-6 series, while Anthropic said Claude Opus 5.5 would cost about 40% less to run than Opus 5.
OpenAI plans to let third-party organizations assess AI safety risks earlier in the model development cycle. According to Sina Finance, the company said external groups will conduct technical safety reviews during training, evaluation, and rollout.
Thomas I. Barkin, President of the Richmond Fed, warned that inflation pressures may take time to fade. According to Sina Finance, Barkin said supply shocks are no longer one-time or temporary and that elevated price pressures could persist.
U.S. Treasury Secretary Scott Bessent said the Trump administration is studying whether banning diesel exports could help ease record-high prices for the fuel. According to Sina Finance, Trump said a decision on whether to impose an export ban would come soon.
