Economy and TradingPolicy

Federal Reserve’s Miran Urges Rate Cuts Amid Trade Uncertainty, Citing Downside Risks

Federal Reserve Governor Stephen Miran stated that escalating trade uncertainty has increased downside risks, making rapid interest rate cuts more urgent. He emphasized during a CNBC event that policymakers must reflect these risks in monetary policy decisions.

Federal Reserve Governor Stephen Miran has issued a stark warning about the economic impact of recent trade tensions, stating that increased uncertainty makes interest rate cuts more urgent for policymakers. During a Wednesday event organized by CNBC, Miran emphasized that the growing trade policy uncertainty between the United States and China has created new vulnerabilities in the economic outlook that demand immediate policy response.

Miran’s Assessment of Economic Risks

Arts and EntertainmentAssistive Technology

OpenAI to Launch Age-Verified ChatGPT Erotica in December Policy Shift

OpenAI is preparing to introduce age-verified erotic content capabilities for ChatGPT users in December. The policy shift represents the company’s latest attempt to balance adult user freedom with mental health safety measures.

In a significant policy reversal, OpenAI CEO Sam Altman has announced that ChatGPT will begin allowing verified adult users to access erotic content starting in December. The announcement comes after nearly a year of fluctuating content restrictions as the company struggles to balance user freedom with safety concerns, particularly around mental health implications of AI companionship.

December Rollout: Age Verification and Content Policy Changes

MobileSoftware Guides

Vivo Embraces iOS-Inspired Design with Global Android 16 Update via OriginOS 6

Vivo has unveiled OriginOS 6 as its global Android 16 skin, replacing Fun Touch OS in a move that mirrors iOS design elements. This hybrid approach integrates features from both systems, offering a fresh user experience. The update signals Vivo’s strategy to compete in the competitive smartphone market.

In a surprising shift, Vivo has announced the global rollout of OriginOS 6 for its devices running Android 16, abandoning the anticipated Fun Touch OS 16 skin. This move reflects a broader trend of OEMs adopting design cues from competitors, with Vivo’s new operating system drawing comparisons to iOS 26 for its sleek, minimalist interface. By integrating elements from its Chinese OriginOS variant and the outgoing Fun Touch OS, Vivo aims to deliver a unified yet innovative user experience that could reshape how consumers interact with Android devices globally.

What is OriginOS 6 and How Does It Differ from Previous Skins?

BusinessPersonal Finance

Brookfield Acquires Remaining Oaktree Stake for $3 Billion in Major Alternative Investment Expansion

Brookfield Corporation and Brookfield Asset Management have agreed to acquire the remaining 26% of Oaktree Capital Management for approximately $3 billion. This strategic move significantly expands Brookfield’s presence in the private credit and alternative investment markets.

In a landmark transaction reshaping the alternative investment landscape, Brookfield Corporation and Brookfield Asset Management have announced a definitive agreement to acquire the remaining stake in Oaktree Capital Management for approximately $3 billion. This acquisition represents one of the most significant consolidations in the asset management industry this year, bringing together two powerhouses in private markets investing.

Transaction Structure and Financial Details