Major U.S. banks have discovered unauthorized third-party AI agents operating inside customer accounts, prompting an industry-wide push to contain the risk.
The post ‘Grave Concerns’: Banks Scramble to Block Rogue AI Agents from Customer Accounts appeared first on Breitbart.
© Al Drago for The New York Times
On Wednesday’s broadcast of CNN’s “The Story Is,” Rep. Kevin Kiley (I-CA) said that he voted against tariffs that have raised costs, while his Democratic opponent “voted for a gas tax increase that has more than doubled the gas tax
The post Kiley: I Voted Against Tariffs That Raise Costs, My Opponent Voted for California Gas Tax That Raised Prices appeared first on Breitbart.
In the heart of the historic working-class and Latino Mission district in San Francisco, the door of a ground-floor unit next to a trendy coffee shop keeps opening. A private shuttle that ferries tech workers to their Silicon Valley headquarters farther south passes by every morning. The 796 sq.ft. (74-square-meter) apartment, recently renovated and furnished, is thoughtfully laid out, from the small open kitchen to the built-in closets. But it gets very little light. Of its two bedrooms, one has no windows. And it costs $4,750 a month.
© Michael Macor (The San Francisco Chronicle via Getty Images)
Bogotá, 22 oct (Prensa Latina) La Ley de Sometimiento impulsada por el Gobierno de Colombia, que transita por el Congreso y busca eliminar todo rastro de la política de paz total promovida por la anterior administración, es hoy objeto de críticas.
The post Legisladores colombianos cuestionan proyecto de Ley de Sometimiento first appeared on Noticias Prensa Latina.
Exclusive: British Chambers of Commerce president calls for overhaul of business rates and greater powers for local leaders
Andy Burnham has been urged by one of his most senior former advisers to tax internet sales more heavily than in-store purchases to help “level the playing field” for struggling high streets.
As the prime minister and his chancellor, John Healey, prepare for their first budget next week, Andy Haldane joined calls for action to stop more shops closing across the UK.
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© Composite: Guardian Design
© Composite: Guardian Design
© Composite: Guardian Design
Some 32 government services are offline while work is carried out to address potential cybersecurity issues, a minister has said
The Office for National Statistics has also published a report on the gender pay gap. It says:
The gender pay gap for full-time employees has continued to decline in the UK. It was 6.8% in April 2026, down from 7.2% in April 2025. This compares with 9.4% a decade ago and 16.4% 25 years ago.
Secondly, I asked Healey whether he sees the banks as making excessive profits, which would be the coherent justification for him to increase the surcharge on bank profits – as he is expected to do in the Budget next week.
He said: “You know the banks are the engine of investment in this country. The banks are doing well at the moment and that is good to see.
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© Photograph: Neil Hall/EPA
© Photograph: Neil Hall/EPA
© Photograph: Neil Hall/EPA
Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits
Barclays is cutting 5,000 jobs as part of wider cost-saving plans that its bosses say are being driven by advances in AI.
The job cuts will mean losing about 5% of the bank’s 93,000 global staff, with executives confirming they had already cut 1,000 workers since the start of the year.
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© Photograph: John Keeble/Getty Images
© Photograph: John Keeble/Getty Images
© Photograph: John Keeble/Getty Images
Years ago, when people asked Geoffrey Hinton why he worked on artificial intelligence, he would repeat a line from J. Robert Oppenheimer, one of the creators of the atomic bomb: “When you see something that is technically sweet, you go ahead and do it.”
© Ramón de la Rocha (EFE)
Kemi Badenoch has said a "red warning light" is flashing on the economy as Britain's debt tops £3 trillion for the first time and inflation surges to 3.5% ahead of the Budget next week.
The post Badenoch Warns of “Red Warning Light” on Economy as UK Debt Tops £3 Trillion and Inflation Surges to 3.5% Ahead of Budget appeared first on The Daily Sceptic.
Consumer prices rise by more than expected while government’s debt interest payments surge to record high for September
Inflation surged to 3.5% last month while the government deficit was a worse-than-forecast £24.5bn, in a double dose of bad news for John Healey before next week’s budget.
The Office for National Statistics said annual inflation rose from 3.1% in August, overshooting City forecasts of a rise in the consumer prices index (CPI) to 3.4%, as a result of the surging cost of fuel.
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© Photograph: Bryn Colton/Getty Images
© Photograph: Bryn Colton/Getty Images
© Photograph: Bryn Colton/Getty Images
Elon Musk has contributed more than $276 million since July to Republican political causes ahead of the United States midterm elections on 3 November. Meanwhile, US Secretary of State Marco Rubio has said decisions over Ukraine’s access to SpaceX satellite communications rest with the company rather than the White House. Both developments demonstrate how private technological and financial resources can influence decisions traditionally associated with government.
For journalist Gil Durán, author of The Nerd Reich: Silicon Valley Fascism and the War on Democracy, published by Avid Reader Press in August 2026, the issue extends beyond campaign donations. In a recent interview, he argued that a group of Silicon Valley investors is using its financial influence and control of technology to challenge the authority of elected governments.
“We’re at a decisive stage of that race,” Durán said when asked about the contest between technology and democracy described by venture capitalist Peter Thiel. His argument is that wealth alone no longer satisfies some of the industry’s most influential figures; they also want a direct role in determining how societies are governed.
Durán places Thiel at the centre of this movement. In a 2009 essay, The Education of a Libertarian, the PayPal co-founder wrote that he no longer believed freedom and democracy were compatible. He argued that technological innovation could allow individuals to escape the constraints of conventional politics.
Thiel subsequently clarified that he was not advocating disenfranchisement. His stated position was that majority rule often frustrated individual liberty. Durán, however, interprets the essay and Thiel’s subsequent political investments as evidence of a sustained interest in diminishing democratic constraints on private power.
The book also examines The Sovereign Individual, a 1997 work by James Dale Davidson and William Rees-Mogg that anticipated how digital currencies and technological change might weaken the power of nation states. Durán sees its influence in later arguments for privately organised alternatives to traditional government.
One example is The Network State, developed by entrepreneur Balaji Srinivasan. It proposes that online communities could acquire territory and eventually obtain diplomatic recognition. Advocates describe a voluntary model of political organisation; Durán regards the prospect of corporate-financed jurisdictions as a challenge to public accountability.
The relationship between Thiel and Vice-President JD Vance illustrates how venture capital can translate into political influence. Thiel supported Vance’s early investment career and contributed $15 million to a super PAC backing his successful 2022 Senate bid. Durán attributes much of Vance’s political ascent to that support, although voters, party endorsements and Vance’s own campaigning also shaped the result.
Musk’s latest contributions offer a more immediate example. His donations since July include $158 million to the Senate Leadership Fund and more than $76 million to America PAC. Such spending is lawful under the rules governing independent political committees, which cannot coordinate their expenditure with candidates.
Durán contends that similar pressures affect Democrats, arguing that wealthy donors can exercise influence across party lines. His criticism therefore concerns the political system’s dependence on private funding as much as any particular administration.
The consequences extend beyond elections. Ukraine’s dependence on satellite communications has exposed how a privately owned service can become essential to military operations. Restrictions affecting Starlink-related services have prompted competing accounts from US officials and SpaceX over responsibility for the decision. Rubio’s latest remarks point towards commercial control, while earlier reporting attributed the decision to Washington.
Artificial intelligence raises comparable questions of ownership and oversight. Durán argues that investors promoting transformative AI may also seek regulatory conditions that protect their substantial financial commitments. His prediction of a possible investment bubble remains a judgement, not an established outcome.
In Europe, the debate has immediate regulatory consequences. The EU’s Digital Services Act requires major online platforms to assess risks to elections and civic debate, while enforcement of important provisions of the AI Act began in August 2026. These measures address the influence of companies whose platforms and systems operate across borders.
Durán’s interpretation of Silicon Valley as a coherent anti-democratic movement remains contested. The entrepreneurs he discusses have differing interests, and their political influence does not itself establish a common plan to dismantle democratic government.
Their influence is nevertheless measurable in campaign finances, government contracts and control over infrastructure essential to national security. None of these forms of power requires holding elected office.
Government paid £10.9bn in debt interest, the highest September figure since records began
The Treasury ran a higher than expected budget deficit of £24.5bn last month as rising inflation pushed up the interest paid on government debt, increasing pressure on John Healey before his budget next week.
Official figures show the government paid £10.9bn in debt interest: the highest September figure since records began, and only the eighth time the monthly number has been above £10bn.
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© Photograph: Kirsty O’Connor/Treasury
© Photograph: Kirsty O’Connor/Treasury
© Photograph: Kirsty O’Connor/Treasury
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