Federal Reserve moves forward with first federal funds rate reduction of 2025

Federal Reserve moves forward with first federal funds rate reduction of 2025 Summary The Federal Reserve’s Federal Open Market Committee has cut the target federal funds rate to 4.00%–4.25%, marking the first rate reduction in 2025. The decision follows Chairman Jay Powell’s late‑August comments that signalled openness to easing. Ten Fed board members preferred keeping […]

Read More →

OpenEvidence and Doximity clash in billion-dollar race to dominate AI for doctors

OpenEvidence and Doximity clash in billion-dollar race to dominate AI for doctors Summary The rivalry between OpenEvidence and Doximity has escalated from boardroom competition into duelling lawsuits as both firms race to build the dominant AI assistant for physicians. OpenEvidence — a Sequoia-backed startup valued at about $3.5bn — sued Doximity in June alleging theft […]

Read More →

3 police officers killed, 2 injured in rural Pennsylvania shooting

3 police officers killed, 2 injured in rural Pennsylvania shooting Summary Three police officers were killed and two others injured in a shooting on Wednesday in North Codorus Township, York County, in southern Pennsylvania. State and federal authorities responded; Pennsylvania Governor Josh Shapiro and other officials spoke at the scene and pledged a full investigation. […]

Read More →

OpenEvidence and Doximity clash in billion-dollar race to dominate AI for doctors

OpenEvidence and Doximity clash in billion-dollar race to dominate AI for doctors Summary Two major players in the “ChatGPT for doctors” race — Sequoia-backed OpenEvidence and public company Doximity — have escalated a bitter legal fight into duelling lawsuits. OpenEvidence originally sued Doximity in June, alleging prompt-injection attacks and theft of proprietary code and trade […]

Read More →