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President Trump has called for “tremendous self-regulation” of artificial intelligence at a White House summit with tech leaders including Meta’s Mark Zuckerberg Nvidia’s Jensen Huang, XAI’s Elon Musk and Google’s Sundar Pichai, who agreed to a “morally binding” set of principles for the technology. “We automatically have regulation with the Department of Justice, the FBI, all of that. But the self-regulation is very important,” Trump said.  Six of the CEOs signed a one-page document titled the “White House Accord on Super Intelligence: Joint Commitment on Frontier Responsibilities.” Trump told reporters: “It’s almost like a constitution in a way,” adding: “The biggest people in the world signed that, and I signed it as president, and it really is a form of protection . . . I think it’s morally binding.” Meta's Zuckerberg described the document as “a set of principles and commitments around building robust internal controls and detecting if there are any issues with the technology, coupled with multiple layers of auditing and controls, starting with internal risk review, external auditors and evaluators.”

 

New York Post

NBC News

Forbes

Basel Committee on ‌Banking Supervision chair Erik Thedéen has warned that fragmenting international cooperation could make it more difficult for regulators to identify and manage risks that increasingly span jurisdictions. "Geopolitical tensions are increasingly clouding the outlook," he said in a speech to the ‌24th ⁠International Conference of Banking Supervisors in Bali. "Fragmentation in supervision would ultimately contribute to fragmentation in finance. ​Information gaps would widen. Opportunities for arbitrage would grow. Cross-border risks ​would become harder to identify and manage."

 

Reuters

North Korean hacking group WaterPlum is exploiting job advertisements to gather sensitive information from applicants worldwide. Authorities from the US, Japan, Germany, and Australia reported that the group has infiltrated over 30,000 devices, stealing $US10.71m in cryptocurrency. WaterPlum posed as employers, targeting IT professionals and using AI face-swapping software during fake interviews. Dr Andrew Cullen from the University of Melbourne said it was difficult to understand the scale of the problem, especially as it related to workers infiltrating companies, because that information was rarely disclosed. "It's really hard for governments and cybersecurity organisations to try and collect this large-scale data to show how much of a problem it is across the economy," he said.

 

ABC Online

The IRS needs to improve its oversight of high-impact AI systems, according to a report from the Treasury Inspector General for Tax Administration (TIGTA) examining five of the agency’s 225 AI use cases as of December 2025. TIGTA found that two of the five cases lacked documented impact assessments, while four lacked testing documentation, and the IRS had not standardized procedures for evaluating data quality before it is used in high-impact AI models. TIGTA recommended ensuring required AI impact assessments are completed and establishing standardized data-quality evaluation processes. The IRS agreed with both recommendations and said it has implemented, or plans to implement, corrective actions.

 

Accounting Today

Florida Attorney General James Uthmeier has asked a court to stop OpenAI from developing new models until independent safety guardrails are in place. He also asked the court to order OpenAI to keep minors off its ChatGPT platform and bar ​the company from giving the platform “human attributes.” The state sued OpenAI in June, ‌accusing it of misrepresenting the safety of ChatGPT and saying it has harmed children by providing information to school shooters, offering guidance on self-harm, and addicting young users. "Governments have an important role to play in setting ​robust safety standards for AI, and we’re committed to working with Florida and other states on advancing pragmatic AI policies that apply to the entire AI industry – not just one company," OpenAI spokesperson Drew Pusateri said.

 

Axios

Politico

Reuters

A report from consulting firm McKinsey & Co. suggests that around 11m workers in the U.S. may need to change jobs by 2035 because of AI-related displacement, and six of every seven workers will face substantial retraining and loss of income. The firm's research found that the full-time workers most likely to have to switch jobs are concentrated in three groups: office and administrative support, retail and sales, and transportation and logistics. Workers are not “interchangeable units,” the report’s authors observe. “Job opportunities can be abundant and yet leave millions of workers without work if those positions require different skills, credentials, locations or pay structures than current jobs.”

 

Bloomberg

China has expanded travel restrictions for top artificial intelligence professionals to include their families. Key personnel, including startup founders and executives in AI, must now obtain approval from Beijing for family members to travel abroad. The move broadens existing curbs on the movement of the country's influential tech talent, which has faced increasing restrictions since early 2026. The government aims to prevent the outflow of critical technology and expertise, particularly in light of recent foreign acquisitions. Affected individuals have been notified of the new requirements.

 

Business Times SG

Supreme Court Justice Samuel Alito has recused himself from a climate change case involving Exxon Mobil and Suncor Energy which is scheduled for argument on October 5. Environmental groups had previously urged his recusal due to his stock holdings in oil companies not involved in the case. Scott Harris, the clerk of the Supreme Court, confirmed Alito's decision, saying: “I am writing to inform the parties that Justice Alito has determined that he will not continue to participate in this case.” The move raises the possibility of a 4-4 split ruling, which would uphold the lower court's decision allowing a lawsuit from Boulder, Colorado, to proceed against the oil companies for damages related to climate change. If the Supreme Court rules against the companies, the case will advance to trial.

 

CNBC	New York Times

The United States has imposed a ban on nearly $1bn-worth of Canadian imports, including alcoholic beverages, dairy products, and motorcycles, escalating an ongoing trade dispute between the two countries. The measure follows U.S. tariffs of 50% on about $20bn of Canadian goods and Canada's subsequent retaliatory tariffs. The ban covers an estimated $967m of imports based on 2025 figures, with alcoholic beverages accounting for 87% of the total. Certain dairy products and motorcycles, including some models produced by Quebec-based Bombardier Recreational Products, are also affected. Trade experts expect the immediate economic impact to be modest because many of the products were already subject to steep tariffs. The dispute has added uncertainty to the future of the U.S.-Mexico-Canada Agreement. Canadian Prime Minister Mark Carney has responded to trade tensions by seeking to reduce Canada's reliance on the U.S. market and expand trade relationships with Europe, India, and China, while President Donald Trump has indicated that he expects Canada to seek an agreement.

 

ABC News

AP News

CBC News

Los Angeles Times

U.S. job openings declined to a five-month low in August, the Labor Department reported on Tuesday, indicating that employers are becoming more cautious about expanding their workforces even as layoffs remain limited. Available positions fell to 7.1m from 7.3m in July, with vacancies declining across professional and business services, healthcare and social assistance, state and local government, manufacturing, and construction. Layoffs, however, dropped to their lowest level since March 2025, while hiring edged higher, and the quits rate remained at 1.9%, matching its lowest level since 2020. The figures reinforce signs of a “low-hire, low-fire” labor market in which employers are reluctant to either add or cut workers, limiting opportunities for job seekers and employees looking to move. There was approximately one vacancy for every unemployed worker in August, compared with two openings per unemployed worker at the labor market’s 2022 peak.

 

Bloomberg

CNBC

Reuters

US News and World Report

JPMorgan Chase plans to increase hiring and technology investment across mainland China and Hong Kong, with chief executive Jamie Dimon expecting the bank's China-related business to continue expanding sharply over the next decade. The firm serves around 300 to 400 Chinese companies, roughly double the number a decade ago, and Mr. Dimon expects that figure to double again over the next ten years, while JPMorgan’s Asia-Pacific CEO said its China business has grown by more than 20% annually in recent years. The bank’s China headcount has doubled over the past eight years, with additional bankers being hired to cover mid-cap and innovation-economy clients. JPMorgan is also seeking to capitalize on Hong Kong’s strengthening capital markets, Stock Connect and Bond Connect programs, and role as a gateway for Chinese companies expanding internationally and global businesses operating in China.

 

South China Morning Post

Oura has postponed its planned U.S. IPO, citing uncertainty in the market for new listings, despite the offering reportedly attracting about four times as many orders as available shares. The smart-ring maker and existing shareholders had been seeking to raise as much as $2.2bn, with Oura planning to sell 13.5m shares and shareholders offering a further 36.5m. Chief executive Tom Hale said the company has “the luxury of choosing our moment” and that the business has strengthened further since beginning the IPO process.

 

Bloomberg

CNBC

Financial Times

Reuters

Research from the University of North Carolina at Chapel Hill has found that one in five middle school students prefers socializing with AI chatbots over human peers. The study, which involved over 2,300 students, indicates that reliance on chatbots correlates with increased feelings of loneliness. “We found that two to four kids in every classroom are now reporting they prefer interaction with a chatbot over a human peer,” said Mitch Prinstein, co-director of UNC’s Winston Center on Technology and Brain Development and one of the study’s authors. “This is a pretty existential concern for this generation.”

 

Wall Street Journal